Citigroup Inc. (C), American International Group Inc (AIG) & More: How’d George Soros’ Favorite Stocks Do Last Quarter?

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Editor’s Note: Related tickers: Citigroup Inc. (NYSE:C), American International Group Inc (NYSE:AIG), Pioneer Natural Resources (NYSE:PXD), Johnson & Johnson (NYSE:JNJ), Adecoagro SA (NYSE:AGRO)

When you think about successful U.S. businessmen, one of the first names that will pop into mind is George Soros. Soros is an investor, business-magnate, and all-around superb investor born in Hungary in 1930. His fame surged in the beginning of 1990s, after he managed to earn $1 billion in investment profits during the 1992 Black Wednesday UK currency crisis, an event after which he was called “the man who broke the bank of England.” Soros is also a famous philanthropist. Between 1979 and 2011 he donated about $8 billion to causes involved in human rights, public health and education. He also had an important role during Hungary’s transition from communism tocapitalism.

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Among several holdings, where Soros Fund Management, led by George Soros, has shares can be named several successful American companies like: Citigroup Inc. (NYSE:C), American International Group Inc (NYSE:AIG), and Pioneer Natural Resources (NYSE:PXD). His sense for profitable stocks brought him one of the biggest fortunes in the world, and Forbes ranked Soros as the 35th richest man on the planet with a net worth $14.2 billion.

It’s safe to say most Citigroup and American International Group investors would take that any day…wow.

Even if we follow the news related to companies, we will see that Soros is usually right about these stocks. For example, American International Group Inc (NYSE:AIG) was the most owned stocks among hedge funds in 2012, surpassing even Apple Inc. (NASDAQ:AAPL) by the end of the year. Additionally, despite the fact that American International Group’s stock performed poorly during the 2008 crisis, today it has improved its risk profile and generated great results.

Soros said once “Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.” Looking at today’s performance of American International Group Inc (NYSE:AIG) and even Citigroup Inc. (NYSE:C), we can see the wisdom behind these words.

In order to underline Soros’ success on the financial field, we have compiled the performances of Soros’ top five stock holdings.


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