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5 Growth Stocks in Billionaire George Soros’ Portfolio

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In this article, we discuss 5 growth stocks in billionaire George Soros’ portfolio as of the end of the first quarter of 2022. If you want to read our analysis of Soros’ investment strategy amidst the current economic situation, go directly to 10 Growth Stocks in Billionaire George Soros’ Portfolio.

5. Accenture plc (NYSE:ACN)

Number of Hedge Fund Holders: 63

Soros Fund Management’s Holdings: $39,054,000

Percentage of Soros Fund Management’s Portfolio: 0.59%

Stock Price as of June 30: $192.60

Return since March 31: -13%

Accenture plc (NYSE:ACN) is an Irish-American corporation that provides professional services related to consulting and tax purposes.

Following the company’s Q3 FY22 results, Daniel Perlin at RBC Capital maintained an Overweight rating on Accenture plc (NYSE:ACN) stock with a target price of $357 in an investment note issued on June 24. The analyst noted that Accenture plc (NYSE:ACN) reported another stellar quarter with double-digit growth across all services, and the strong bookings momentum continued. The bookings increased by 10% YoY. However, due to the adverse foreign exchange impact along with the charge related to exiting Russian operations, Accenture plc (NYSE:ACN) was forced to narrow its EPS guidance towards the lower end. Accenture plc (NYSE:ACN) is viewed as one of the best IT services companies that have been able to balance growth via acquisitions and generate healthy capital returns.

Polen Capital shared its stance on Accenture plc (NYSE:ACN) in its Q1 2022 investor letter. Here’s what the firm said:

Accenture’s business is firing on all cylinders and continue to enjoy an acceleration in their respective fundamentals because of the increase in digitization around the world. Nearly every company today is searching for ways to become more digital, and Accenture is positioned to provide many of the solutions these companies seek. This inflection in fundamentals was not lost on the market, and each business’s stock performed exceptionally well in 2021. In fact, they represented two of the three top absolute performers for the Global Growth Portfolio last year. As a result, its stock is currently more fully priced. As such, we lowered Accenture to an average weight. We maintain high conviction in the business and plan to own it for many years, but recognize the increase in their prices.”

Accenture plc (NYSE:ACN) was held by 63 hedge funds as of Q1 2022.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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