Soros Capital Management LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Soros Capital Management LLC reported 49 stock positions worth $328.4 million. Its top holding was Vaneck Semiconductor ETF (SMH) at 9.6% of the portfolio, followed by Flutter Entertainment PLC-Di (FLUT, 7.4%) and Verisign (VRSN, 5.3%). Compared with Q1 2025, it opened 11 new positions, sold out of 11, added to 12 and reduced 20. The biggest buy was a new position in Vaneck Semiconductor ETF (SMH) and the biggest sale an exit from Alibaba Group Holding-SP ADR (BABA).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001748240
- Portfolio Value
- $328.4M (Q2 2025)
- SEC Filing
- 0001172661-25-003411 ↗ filed Aug 14, 2025
Holdings Value
Holdings 49 stocks · $328.4M
| SMH Vaneck Semiconductor ETF | 9.61% | 113,100 | $31.5M | New |
| FLUT Flutter Entertainment PLC-Di | 7.38% | 84,845 | $24.2M | Reduce -1.9% |
| VRSN Verisign Inc. | 5.35% | 60,793 | $17.6M | Reduce -55.1% |
| PACK Ranpak Holdings Corp. | 5.03% | 4,630,292 | $16.5M | No change |
| EWY iShares MSCI South Korea ETF | 5.01% | 229,100 | $16.4M | New |
| NVDA Nvidia Corp. | 4.95% | 102,949 | $16.3M | Add +489.6% |
| CASY Casey's General Stores Inc. | 4.72% | 30,405 | $15.5M | Reduce -6.0% |
| AMAT Applied Materials Inc. | 4.69% | 84,166 | $15.4M | Reduce -3.4% |
| FXI iShares China Large-Cap ETF | 4.56% | 407,700 | $15.0M | Add +0.0% |
| TSM Taiwan Semiconductor-SP ADR | 4.43% | 64,265 | $14.6M | Reduce -63.1% |
| ASML ASML Holding NV-NY Reg SHS | 4.43% | 18,144 | $14.5M | Add +205.3% |
| AXON Axon Enterprise Inc. | 3.32% | 13,150 | $10.9M | Add +1482.4% |
| MU Micron Technology Inc. | 3.22% | 85,850 | $10.6M | New |
| AVGO Broadcom Inc. | 3.12% | 37,150 | $10.2M | Add +242.3% |
| AMZN Amazon.com Inc. | 1.91% | 28,654 | $6.3M | Reduce -16.8% |
| ALC Alcon Inc. filed as ALCON AG | 1.82% | 67,712 | $6.0M | Reduce -3.6% |
| ICE Intercontinental Exchange Inc. | 1.63% | 29,249 | $5.4M | Add +39.2% |
| FISV Fiserv Inc. | 1.63% | 31,109 | $5.4M | Add +106.2% |
| STX Seagate Technology Holdings | 1.61% | 36,700 | $5.3M | New |
| GDDY GoDaddy Inc. Class A | 1.60% | 29,104 | $5.2M | Reduce -55.3% |
| WDC Western Digital Corp. | 1.57% | 80,800 | $5.2M | New |
| ZTS Zoetis Inc. | 1.49% | 31,468 | $4.9M | Add +80.4% |
| NKE Nike Inc. Class B | 1.49% | 68,843 | $4.9M | Add +8.1% |
| UNP Union Pacific Corp. | 1.38% | 19,653 | $4.5M | Add +72.8% |
| V Visa Inc. Class A | 1.33% | 12,345 | $4.4M | Reduce -46.0% |
| CPAY Corpay Inc. | 1.24% | 12,236 | $4.1M | Reduce -58.9% |
| CP Canadian Pacific Kansas City | 1.23% | 51,091 | $4.0M | Reduce -21.8% |
| CZR Caesars Entertainment Inc. | 0.96% | 111,338 | $3.2M | Add +6.8% |
| BKNG Booking Holdings Inc. | 0.85% | 485 | $2.8M | Reduce -23.9% |
| MSI Motorola Solutions Inc. | 0.80% | 6,266 | $2.6M | Reduce -13.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.76% | 20,203 | $2.5M | Reduce -18.0% |
| META Meta Platforms Inc. Class A | 0.72% | 3,215 | $2.4M | Reduce -90.3% |
| NFLX Netflix Inc. | 0.72% | 1,766 | $2.4M | Reduce -90.5% |
| DHR Danaher Corp. | 0.67% | 11,136 | $2.2M | Reduce -14.3% |
| SBUX Starbucks Corp. | 0.66% | 23,509 | $2.2M | Reduce -9.8% |
| BLDR Builders Firstsource Inc. | 0.54% | 15,075 | $1.8M | No change |
| HD Home Depot Inc. | 0.50% | 4,476 | $1.6M | New |
| TRU Transunion | 0.50% | 18,544 | $1.6M | New |
| LOW Lowe's Cos Inc. | 0.49% | 7,326 | $1.6M | Add +518.2% |
| TMO Thermo Fisher Scientific Inc. | 0.49% | 3,975 | $1.6M | New |
| CHDN Churchill Downs Inc. | 0.29% | 9,330 | $942K | No change |
| PTLO Portillo's Inc. Class A | 0.29% | 80,231 | $936K | Reduce -81.4% |
| RRX Regal Rexnord Corp. | 0.28% | 6,329 | $917K | New |
| BSX Boston Scientific Corp. | 0.20% | 6,090 | $654K | Reduce -96.0% |
| ABT Abbott Laboratories | 0.17% | 4,064 | $553K | No change |
| GNRC Generac Holdings Inc. | 0.12% | 2,703 | $387K | New |
| IVV iShares Core S&P 500 ETF | 0.10% | 532 | $330K | No change |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.07% | 4,668 | $216K | No change |
| AEO American Eagle Outfitters | 0.05% | 17,718 | $170K | New |
Options reported separately and not counted above: IBIT calls ($21.4M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $96K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| RVMDW Revolution Medicines Inc.-28 | *W EXP 12/17/202 | 364,824 | $96K | No change |
Total filed on the 13F, all lines: $328.5M.
Portfolio Sells Q1 2025 → Q2 2025
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −6.14 |
| META Meta Platforms Inc. Class A | Reduce -90.3% | 0.72% | −4.17 |
| BSX Boston Scientific Corp. | Reduce -96.0% | 0.20% | −3.77 |
| YUMC Yum China Holdings Inc. | Sold out | 0.00% | −3.76 |
| EWZ iShares MSCI Brazil ETF | Sold out | 0.00% | −3.75 |
| NFLX Netflix Inc. | Reduce -90.5% | 0.72% | −3.73 |
| CORZ Core Scientific Inc. | Sold out | 0.00% | −3.46 |
| VRSN Verisign Inc. | Reduce -55.1% | 5.35% | −3.46 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -63.1% | 4.43% | −2.98 |
| WIX Wix.com Ltd. | Sold out | 0.00% | −1.75 |
| CPAY Corpay Inc. | Reduce -58.9% | 1.24% | −1.42 |
| GDDY GoDaddy Inc. Class A | Reduce -55.3% | 1.60% | −1.41 |
| VMC Vulcan Materials Co. | Sold out | 0.00% | −1.11 |
| PTLO Portillo's Inc. Class A | Reduce -81.4% | 0.29% | −1.03 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.88 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.88 |
| V Visa Inc. Class A | Reduce -46.0% | 1.33% | −0.72 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.54 |
| MLM Martin Marietta Materials | Sold out | 0.00% | −0.51 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −0.48 |
| DHR Danaher Corp. | Reduce -14.3% | 0.67% | −0.01 |
| TJX TJX Companies Inc. | Reduce -18.0% | 0.76% | −0.01 |
| MSI Motorola Solutions Inc. | Reduce -13.0% | 0.80% | −0.01 |
| SBUX Starbucks Corp. | Reduce -9.8% | 0.66% | +0.00 |
| CP Canadian Pacific Kansas City | Reduce -21.8% | 1.23% | +0.06 |
| BKNG Booking Holdings Inc. | Reduce -23.9% | 0.85% | +0.10 |
| ALC Alcon Inc. | Reduce -3.6% | 1.82% | +0.11 |
| AMZN Amazon.com Inc. | Reduce -16.8% | 1.91% | +0.24 |
| CASY Casey's General Stores Inc. | Reduce -6.0% | 4.72% | +1.13 |
| AMAT Applied Materials Inc. | Reduce -3.4% | 4.69% | +1.45 |
| FLUT Flutter Entertainment PLC-Di | Reduce -1.9% | 7.38% | +2.48 |
Portfolio Buys Q1 2025 → Q2 2025
| SMH Vaneck Semiconductor ETF | New | 9.61% | +9.61 |
| EWY iShares MSCI South Korea ETF | New | 5.01% | +5.01 |
| NVDA Nvidia Corp. | Add +489.6% | 4.95% | +4.47 |
| ASML ASML Holding NV-NY Reg SHS | Add +205.3% | 4.43% | +3.42 |
| MU Micron Technology Inc. | New | 3.22% | +3.22 |
| AXON Axon Enterprise Inc. | Add +1482.4% | 3.32% | +3.20 |
| AVGO Broadcom Inc. | Add +242.3% | 3.12% | +2.65 |
| STX Seagate Technology Holdings | New | 1.61% | +1.61 |
| WDC Western Digital Corp. | New | 1.57% | +1.57 |
| FXI iShares China Large-Cap ETF | Add +0.0% | 4.56% | +0.82 |
| FISV Fiserv Inc. | Add +106.2% | 1.63% | +0.78 |
| ZTS Zoetis Inc. | Add +80.4% | 1.49% | +0.76 |
| ICE Intercontinental Exchange Inc. | Add +39.2% | 1.63% | +0.71 |
| UNP Union Pacific Corp. | Add +72.8% | 1.38% | +0.69 |
| HD Home Depot Inc. | New | 0.50% | +0.50 |
| TRU Transunion | New | 0.50% | +0.50 |
| TMO Thermo Fisher Scientific Inc. | New | 0.49% | +0.49 |
| NKE Nike Inc. Class B | Add +8.1% | 1.49% | +0.45 |
| LOW Lowe's Cos Inc. | Add +518.2% | 0.49% | +0.42 |
| CZR Caesars Entertainment Inc. | Add +6.8% | 0.96% | +0.29 |
| RRX Regal Rexnord Corp. | New | 0.28% | +0.28 |
| GNRC Generac Holdings Inc. | New | 0.12% | +0.12 |
| AEO American Eagle Outfitters | New | 0.05% | +0.05 |
Options Activity Q1 2025 → Q2 2025
| IBIT iShares Bitcoin Trust ETF | call | New | 350,000 | $21.4M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 58 | $559.3M | EWY, MU, TSM, CAT, AMAT |
| Q1 2026 | 47 | $229.9M | PACK, FIX, GEV, PUMP, CAT |
| Q4 2025 | 56 | $380.7M | GOOGL, AVGO, TSM, PACK, NBIS |
| Q3 2025 | 59 | $404.4M | GOOGL, PACK, NBIS, EWY, TSM |
| Q2 2025 | 49 | $328.4M | SMH, FLUT, VRSN, PACK, EWY |
| Q1 2025 | 49 | $390.5M | VRSN, TSM, PACK, BABA, FLUT |
| Q4 2024 | 63 | $638.7M | SMH, AMZN, BKNG, PACK, TSM |
| Q3 2024 | 51 | $415.1M | PACK, META, BKNG, FLUT, MSFT |
| Q2 2024 | 41 | $182.8M | PACK, TSM, BKNG, IREN, CORZ |
| Q1 2024 | 35 | $364.2M | PACK, META, AMZN, MSFT, CRM |