This chart breaks down Soros Fund Management’s(George Soros's Portfolio) option bets, split between CALLs (green) and PUTs (red). The portfolio shows a mix of conviction plays, hedges, and tactical rotations.
- Biggest CALL: First Solar (FSLR) at $271M (3.4%), underscoring Soros’s bullish tilt toward renewables.
- Other major CALLs: Microsoft ($74.6M), Apple ($41M), NVIDIA ($23.7M), plus consumer names like GameStop and General Motors.
- Largest PUTs: General Electric ($51.5M), NVIDIA ($47.4M), Ally Financial ($39M), Lowe’s ($38.8M), and Uber ($37.3M).
- Dual positions: Soros holds both CALLs and PUTs on NVIDIA, Apple, GM, and Sunrun, signaling hedged or volatility‑driven strategies.
Takeaway: Soros is leaning bullish on clean energy and big tech, while simultaneously hedging against industrials, autos, and financials. The presence of both CALLs and PUTs on the same stocks suggests he’s positioning for volatility as much as direction.
Analysis:
- Renewables conviction: FSLR + RUN + SHLS = a clear bet on solar.
- Tech with caution: CALLs on Microsoft/Apple balanced by PUTs on NVIDIA/Apple.
- Bearish on old economy: PUTs on GE, GM, Ford, and Lowe’s show skepticism toward traditional industries.
- Speculative edge: GameStop CALLs (+567% increase) stand out as a high‑risk, high‑reward move.
⚡ The chart reveals Soros’s trademark style: conviction in secular growth themes, tempered by tactical hedges against cyclical risk.
