George Soros’ Top 5 Stock Picks

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1. Liberty Broadband Corporation (NASDAQ:LBRDK)

The communication services mid-cap Liberty Broadband Corporation (NASDAQ: LBRDK) is the largest stock holding of Soros Fund Management, accounting for 18.48% of the overall portfolio. It is the long-running position of Soros Fund Management and the fund appears to have profited from its Liberty Broadband stake. The fund first initiated a position in Liberty Broadband in 2016.

Shares of Liberty Broadband Corporation rallied 7% in the fourth quarter of 2020, extending the five years gains to over 200%. The following paragraph from Giverny Capital’s Q3 investor letter probably explains why George Soros is also invested in Liberty Broadband:

“Liberty Broadband is a holding company that owns shares in the cable operator Charter. Each Liberty share essentially holds 0.295 shares of Charter. Based on a recent market price for Charter of $620, Liberty shares should be worth about $180. Instead, they’ve been trading for about $140. The discount strikes us as too wide, so we added slightly to our position.”

Please also see Billionaire Daniel Sundheim’s Top 10 Stock Pick and 10 Best Tech Stocks To Buy Now.

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