SOROS FUND MANAGEMENT LLC
SOROS FUND MANAGEMENT LLC declares $2.0B in 41 of the 220 AI and semiconductor companies tracked on Silicon Floor, as of Jun 30, 2026 (Form 13F): 24.2% of its $8.1B 13F portfolio. Largest positions: Amazon (0.01% of the company) and TSMC (0.01% of the company). Over time: $2.0B in 41 of these companies for Q2 2026, against $148.0M in 3 for Q4 2019 (13F values as filed). From Mar 31, 2026 to Jun 30, 2026, it bought $560.7M and sold $424.8M of these stocks, at the quarter's prices: a net purchase of $135.9M; 16 new positions and 8 sold out.
Performance of its AI picks
The AI-stock portfolio SOROS FUND MANAGEMENT LLC declared for Q2 2026 (Form 13F), held unchanged, returned +0.6% in Q3 2026 (SMH -7.1%), ranked 1283 of 1,776 active managers. Over the last 12 months, quarter after quarter: +16.2% (SMH +87.2%), ranked 1238 of 1,356 active managers. Over three years, quarter after quarter: +85.6% (SMH +325.8%). Over five years, quarter after quarter: +68.0% (SMH +389.8%). Trades made during a quarter are not visible in 13F filings: this measures its declared picks, not the return of its funds.
Largest positions
- Amazon (AMZN) — $281.8M: 1.2M shares, 0.01% of the company, 3.5% of its portfolio (trimmed this quarter); held since Q4 2020
- TSMC (TSM) — $249.4M: 522,158 shares, 0.01% of the company, 3.1% of its portfolio (trimmed this quarter); held since Q2 2025
- Alphabet (GOOGL) — $213.1M: 596,286 shares, 0.00% of the company, 2.6% of its portfolio (added this quarter); held since Q4 2019 or earlier
- NVIDIA (NVDA) — $213.0M: 1.1M shares, 0.00% of the company, 2.6% of its portfolio (trimmed this quarter); held since Q1 2025
- Apple (AAPL) — $153.2M: 529,538 shares, 0.00% of the company, 1.9% of its portfolio (added this quarter); held since Q2 2025
- American Electric Power (AEP) — $105.1M: 768,000 shares, 0.14% of the company, 1.3% of its portfolio (new position this quarter)
- Entergy (ETR) — $105.0M: 913,912 shares, 0.20% of the company, 1.3% of its portfolio (added this quarter); held since Q1 2025
- Digital Realty (DLR) — $96.9M: 539,618 shares, 0.15% of the company, 1.2% of its portfolio (added this quarter); held since Q4 2025
- Nebius (NBIS) — $85.6M: 310,000 shares, 0.12% of the company, 1.1% of its portfolio (new position this quarter)
- Microsoft (MSFT) — $70.9M: 189,971 shares, 0.00% of the company, 0.87% of its portfolio (trimmed this quarter); held since Q2 2025
- Broadcom (AVGO) — $62.4M: 165,246 shares, 0.00% of the company, 0.77% of its portfolio (added this quarter); held since Q4 2025
- Xcel Energy (XEL) — $42.8M: 533,324 shares, 0.09% of the company, 0.53% of its portfolio (added this quarter); held since Q4 2025
- Snowflake (SNOW) — $34.8M: 136,568 shares, 0.04% of the company, 0.43% of its portfolio (added this quarter); held since Q2 2024
- Cerebras Systems (CBRS) — $33.2M: 150,000 shares, 0.06% of the company, 0.41% of its portfolio
- CoreWeave (CRWV) — $29.9M: 300,000 shares, 0.05% of the company, 0.37% of its portfolio (trimmed this quarter); held since Q1 2026
By sector
- Cloud & AI giants — $731.3M, 37% of its AI holdings, 5 companies
- Chips & compute — $674.1M, 34% of its AI holdings, 14 companies
- Power, electrical & cooling — $271.0M, 14% of its AI holdings, 10 companies
- Neoclouds & data centers — $218.9M, 11% of its AI holdings, 5 companies
- AI software — $48.0M, 2% of its AI holdings, 5 companies
- Memory & storage — $25.9M, 1% of its AI holdings, 1 company
- Equipment & test — $3.8M, 0% of its AI holdings, 1 company
Biggest changes this quarter
- trimmed Amazon (AMZN): -$181.9M at the quarter's price
- opened a position in American Electric Power (AEP): +$105.1M at the quarter's price
- added to Entergy (ETR): +$96.1M at the quarter's price
- added to Digital Realty (DLR): +$86.6M at the quarter's price
- opened a position in Nebius (NBIS): +$85.6M at the quarter's price
- sold out of Salesforce (CRM): -$67.4M at the quarter's price
- trimmed Vistra (VST): -$38.1M at the quarter's price
- sold out of Accenture (ACN): -$26.7M at the quarter's price
- trimmed Datadog (DDOG): -$23.9M at the quarter's price
- added to Micron (MU): +$22.6M at the quarter's price