Top 5 Stocks Billionaire George Soros Just Bought

Topping the list of new stocks purchased by George Soros is another IPO in the form of Palantir Technologies (NYSE:PLTR), which debuted right at the end of Q3 on September 30. Since then, shares have had a similarly meteoric rise as Unity Software’s, gaining 66% in six weeks. That was great news for Soros Fund, which opened a huge position of 18.45 million PLTR shares valued at over $175 million on September 30. Assuming the position hasn’t been altered since, Soros Fund has made a cool $115 million off the stock in just six weeks.

Investors are excited about the data analytics company’s burgeoning opportunities in the healthcare space, which includes being tagged by the U.S government to help deploy the Covid-19 vaccine and track health data. It’s also recently been awarded a $91 million contract from the U.S Army and had an existing anonymous aerospace customer renew a $300 million contract.

For more timely stock picks from the hedge fund world’s greatest investors, check out 10 Best Dividend Stocks To Buy According To Billionaire Ken Fisher.

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