13F.
SOROS FUND MANAGEMENT LLC
13F-HR

Q3 2025

Period Sep 30, 2025Filed Nov 14, 2025View on EDGAR ↗
Positions
184
Total value
$7.02B
Top 10 concentration
31.2%
New positions
79

Exited positionsvs. Q2 2025

  • ISHARES TR ($226.58M)
  • INVESCO QQQ TR ($220.66M)
  • LIBERTY BROADBAND CORP ($141.71M)
  • SELECT SECTOR SPDR TR ($113.36M)
  • SELECT SECTOR SPDR TR ($103.26M)
  • AERCAP HOLDINGS NV ($95.53M)
  • ISHARES TR ($89.39M)
  • MICROSOFT CORP ($74.61M)

Holdings · 184

#Class
1
AMAZON COM INC
023135106
COM$488.8M6.96%2,226,187+481.5%
2
SMURFIT WESTROCK PLC
G8267P108
SHS$329.79M4.70%7,747,090+3.6%
3
SPOTIFY USA INC
84921RAB6
NOTE 3/1$253.12M3.61%184,800,000+29.7%
4
GLOBAL PMTS INC
37940XAU6
NOTE 1.500% 3/0$214.58M3.06%234,156,000+17.1%
5
ALPHABET INC
02079K305
CAP STK CL A$160.05M2.28%658,367+2341.1%
6
PG&E CORP
69331CAL2
NOTE 4.250%12/0$159.05M2.27%157,000,000-4.8%
7
INVESCO EXCHANGE TRADED FD T
46137V357
S&P500 EQL WGT$157.38M2.24%829,615New
8
RIVIAN AUTOMOTIVE INC
76954AAB9
NOTE 4.625% 3/1$154.17M2.20%148,436,000
9
FORD MTR CO
345370CZ1
NOTE 3/1$137.71M1.96%135,788,000New
10
ISHARES TR
464287184 · Call
CHINA LG-CAP ETF$132.68M1.89%3,225,000+115.0%
11
SPDR S&P 500 ETF TR
78462F103 · Put
TR UNIT$125.91M1.79%189,000-64.8%
12
TKO GROUP HOLDINGS INC
87256C101
CL A$125.22M1.78%620,007+84.8%
13
FLUTTER ENTMT PLC
G3643J108
SHS$124.56M1.77%490,391+0.1%
14
DROPBOX INC
26210CAC8
NOTE 3/0$122.39M1.74%123,750,000
15
CENTERPOINT ENERGY INC
15189TBD8
NOTE 4.250% 8/1$111.07M1.58%100,000,000-26.7%
16
SALESFORCE INC
79466L302
COM$109.91M1.57%463,756+19.0%
17
INTERACTIVE BROKERS GROUP IN
45841N107
COM CL A$109M1.55%1,584,057-29.1%
18
NVIDIA CORPORATION
67066G104
COM$102.19M1.46%547,703+1.4%
19
VANECK ETF TRUST
92189F676 · Put
SEMICONDUCTR ETF$101.17M1.44%310,000New
20
KRANESHARES TRUST
500767306 · Call
CSI CHI INTERNET$100.82M1.44%2,400,000New
21
DROPBOX INC
26210CAD6
NOTE 3/0$95.63M1.36%92,500,000
22
SOUTHERN CO
842587DZ7
NOTE 4.500% 6/1$94.02M1.34%84,500,000+9.7%
23
CONFLUENT INC
20717MAB9
NOTE 1/1$89.59M1.28%95,000,000
24
ISHARES TR
464287432 · Call
20 YR TR BD ETF$89.37M1.27%1,000,000New
25
APPLE INC
037833100
COM$89.05M1.27%349,736+1555.1%
26
ARAMARK
03852U106
COM$87.18M1.24%2,270,287+46.5%
27
FIGURE TECHNOLOGY SOLUTIO
349381103
COM CL A$81.23M1.16%2,233,482New
28
MARRIOTT VACATIONS WORLDWIDE
57164YAD9
NOTE 1/1$76.61M1.09%77,754,000-17.9%
29
DISNEY WALT CO
254687106
COM$75.08M1.07%655,705New
30
SUNRUN INC
86771W105
COM$73M1.04%4,221,949New
31
KODIAK AI INC.
500081104
COM$68.18M0.97%9,967,978New
32
RAPID7 INC
753422AF1
NOTE 0.250% 3/1$68.03M0.97%72,250,000
33
SPDR S&P 500 ETF TR
78462F103
TR UNIT$65.14M0.93%97,778+104.7%
34
JD.COM INC
47215PAJ5
NOTE 0.250% 6/0$64.49M0.92%60,000,000+60.0%
35
COREBRIDGE FINL INC
21871X109
COM$64.29M0.92%2,005,869+19.0%
36
DATADOG INC
23804L103
CL A COM$61.04M0.87%428,671+20.2%
37
SNOWFLAKE INC
833445109
COM SHS$58.22M0.83%258,133New
38
CMS ENERGY CORP
125896100
COM$56.87M0.81%776,227New
39
IDACORP INC
451107106
COM$53.38M0.76%403,943-0.6%
40
SOMNIGROUP INTERNATIONAL INC
88023U101
COM$52.74M0.75%625,391-1.5%
41
MICROSOFT CORP
594918104
COM$52.7M0.75%101,743+204.5%
42
ALLIANT ENERGY CORP
018802AC2
NOTE 3.875% 3/1$51.21M0.73%47,500,000-44.8%
43
PONY AI INC
732908108
SPONSORED ADS$46.76M0.67%2,078,999-2.3%
44
ISHARES TR
464287440
7-10 YR TRSY BD$45.59M0.65%472,599-5.5%
45
BGC GROUP INC
088929104
CL A$41.58M0.59%4,395,695+22.0%
46
GFL ENVIRONMENTAL INC
36168Q104
SUB VTG SHS$41.46M0.59%875,000-69.3%
47
COMMVAULT SYS INC
204166102
COM$41.09M0.59%217,657+141.8%
48
INTERPUBLIC GROUP COS INC
460690100
COM$40.5M0.58%1,451,103+25.2%
49
SUNRUN INC
86771W105 · Call
COM$38.9M0.55%2,250,000-76.3%
50
NCL CORP LTD
62886HBD2
NOTE 1.125% 2/1$38.8M0.55%37,675,000New
51
MERUS N V
N5749R100
COM$38.13M0.54%405,000New
52
TAIWAN SEMICONDUCTOR MFG LTD
874039100
SPONSORED ADS$38.01M0.54%136,092+8.5%
53
CONFLUENT INC
20717M103 · Call
CLASS A COM$36.89M0.53%1,863,300+86.3%
54
BRIGHTHOUSE FINL INC
10922N103
COM$34.4M0.49%648,116-15.3%
55
UL SOLUTIONS INC
903731107
CLASS A COM SHS$34M0.48%479,860-36.6%
56
ETSY INC
29786AAJ5
NOTE 0.125%10/0$33.96M0.48%32,500,000New
57
AMAZON COM INC
023135106 · Call
COM$32.94M0.47%150,000New
58
CYBERARK SOFTWARE LTD
M2682V108
SHS$32.71M0.47%67,708+32.9%
59
INDIVIOR PLC
G4766E116
ORD$32.64M0.46%1,353,865New
60
ENTERGY CORP NEW
29364G103
COM$31.46M0.45%337,590-68.7%
61
DUPONT DE NEMOURS INC
26614N102
COM$31.16M0.44%400,000New
62
CLOUDFLARE INC
18915MAC1
NOTE 8/1$31.1M0.44%25,000,000-60.0%
63
MR COOPER GROUP INC
62482R107
COM$30.87M0.44%146,456+635.1%
64
VERONA PHARMA PLC
925050106
SPONSORED ADS$30.43M0.43%285,185New
65
AMRIZE LTD
H2927K103
SHS$29.12M0.41%600,000+53.8%
66
ALLY FINL INC
02005N100
COM$28.92M0.41%737,700+81.6%
67
DOORDASH INC
25809K105
CL A$28.65M0.41%105,346+74.8%
68
SAILPOINT INC
78781J109
COM$28.63M0.41%1,296,448-4.1%
69
DIGITALOCEAN HLDGS INC
25402DAB8
NOTE 12/0$27.74M0.40%29,348,000-82.4%
70
CIRCLE INTERNET GROUP INC
172573107
COM CL A$26.84M0.38%202,465-33.6%
71
KARMAN HLDGS INC
485924104
COMMON STOCK$26.3M0.37%364,280-21.5%
72
SAPIENS INTL CORP N V
G7T16G103
SHS$25.94M0.37%603,291New
73
ISHARES TR
464288414
NATIONAL MUN ETF$25.71M0.37%241,400
74
UBER TECHNOLOGIES INC
90353T100
COM$24.8M0.35%253,119-53.0%
75
ACCENTURE PLC IRELAND
G1151C101
SHS CLASS A$24.72M0.35%100,259+33.2%
76
SUNRUN INC
86771WAD7
NOTE 4.000% 3/0$24.38M0.35%18,080,000-64.9%
77
KKR & CO INC
48251W104
COM$24.25M0.35%186,607-45.6%
78
ISHARES INC
46434G764
MSCI EMRG CHN$23.94M0.34%354,686
79
ELECTRONIC ARTS INC
285512109
COM$22.19M0.32%110,000New
80
VIMEO INC
92719V100
COMMON STOCK$22.12M0.32%2,854,340New
81
FIRST SOLAR INC
336433107 · Call
COM$22.05M0.31%100,000-93.9%
82
AKAMAI TECHNOLOGIES INC
00971TAL5
NOTE 0.375% 9/0$22.04M0.31%23,000,000New
83
ACADIAN ASSET MANAGEMENT INC
10948W103
COM$22.02M0.31%457,128+10.0%
84
STEELCASE INC
858155203
CL A$21.78M0.31%1,266,380New
85
CRH PLC
G25508105
ORD$21.46M0.31%178,962-69.9%
86
HONEYWELL INTL INC
438516106
COM$21.05M0.30%100,000New
87
GLOBE LIFE INC
37959E102
COM$20.8M0.30%145,500+16.9%
88
INTEGRAL AD SCIENCE HLDNG CO
45828L108
COM$20.24M0.29%1,990,000New
89
JBT MAREL CORPORATION
477839AB0
NOTE 0.250% 5/1$20.23M0.29%20,000,000New
90
LUMENTUM HLDGS INC
55024UAD1
NOTE 0.500%12/1$18.96M0.27%11,250,000
91
EVGO INC
30052F100
CL A COM$18.92M0.27%4,000,000-19.6%
92
OLD NATL BANCORP IND
680033107
COM$18.78M0.27%855,685
93
STANDARDAERO INC
85423L103
COM$18.72M0.27%686,008-74.4%
94
CARETRUST REIT INC
14174T107
COM$18.23M0.26%525,656New
95
SEMPRA
816851109
COM$17.11M0.24%190,137New
96
KEYCORP
493267108
COM$16.45M0.23%880,100+14.1%
97
UNITEDHEALTH GROUP INC
91324P102
COM$16.38M0.23%47,430-52.6%
98
TPG INC
872657101
COM CL A$15.88M0.23%276,460-17.7%
99
AMER SPORTS INC
G0260P102
COM SHS$15.87M0.23%456,620-27.0%
100
SPORTRADAR GROUP AG
H8088L103
CLASS A ORD SHS$15.75M0.22%585,620-42.4%
101
HUMANA INC
444859102
COM$15.6M0.22%59,944New
102
CHART INDS INC
16115Q308
COM$15.47M0.22%77,294New
103
ALLSTATE CORP
020002101
COM$15.04M0.21%70,070-1.1%
104
STUBHUB HLDGS INC
86384P109
CL A$14.73M0.21%874,415New
105
ZEBRA TECHNOLOGIES CORPORATI
989207105
CL A$14.3M0.20%48,113New
106
ANALOG DEVICES INC
032654105
COM$13.86M0.20%56,400+22.1%
107
RADNET INC
750491102
COM$13.6M0.19%178,481New
108
BOOKING HOLDINGS INC
09857L108
COM$13.5M0.19%2,500
109
CANTALOUPE INC
138103106
COM$13.16M0.19%1,244,720New
110
BULLISH
G16910120
ORD SHS$13.06M0.19%205,260New
111
WAYSTAR HLDG CORP
946784105
COM$12.8M0.18%337,554+1.3%
112
VANECK ETF TRUST
92189F676
SEMICONDUCTR ETF$12.24M0.17%37,500New
113
FIRST SOLAR INC
336433107
COM$11.86M0.17%53,768-67.6%
114
APPLIED MATLS INC
038222105
COM$11.36M0.16%55,464-33.6%
115
SYNCHRONY FINANCIAL
87165B103
COM$11.27M0.16%158,608+38.0%
116
ATLASSIAN CORPORATION
049468101
CL A$11.24M0.16%70,411+155.3%
117
MONGODB INC
60937P106
CL A$11.02M0.16%35,518New
118
PERFORMANT HEALTHCARE INC
71377E105
COM$10.7M0.15%1,384,600New
119
ADT INC DEL
00090Q103
COM$10.65M0.15%1,222,222+8.3%
120
NIQ GLOBAL INTELLIGENCE PLC
G63755105
ORDINARY SHARES$10.24M0.15%652,260New
121
OKTA INC
679295AF2
NOTE 0.375% 6/1$10.21M0.15%10,500,000
122
WARNER BROS DISCOVERY INC
934423104 · Call
COM SER A$9.77M0.14%500,000New
123
TEGNA INC
87901J105
COM$9.65M0.14%474,500New
124
GALAXY DIGITAL INC.
36317J209
CL A$9.26M0.13%273,800-11.9%
125
BLACK ROCK COFFEE BAR INC
092244102
CL A$9.21M0.13%385,960New
126
SNAP INC
83304AAH9
NOTE 0.125% 3/0$8.95M0.13%10,000,000
127
SMITHFIELD FOODS INC
832248207
COM$8.66M0.12%368,940New
128
CME GROUP INC
12572Q105
COM$8.11M0.12%30,028
129
HANESBRANDS INC
410345102
COM$7.74M0.11%1,175,096New
130
GOLDMAN SACHS GROUP INC
38141G104
COM$7.61M0.11%9,561-54.4%
131
AIR LEASE CORP
00912X302
CL A$7.21M0.10%113,278New
132
WOLFSPEED INC
97785W106 · Put
COMMON STOCK$7.1M0.10%5,869,000New
133
ETORO GROUP LTD
G32089107
SHS CL A$6.82M0.10%165,264+3.3%
134
FIRST CTZNS BANCSHARES INC D
31946M103
CL A$6.66M0.09%3,724-43.2%
135
LAZARD INC
52110M109
COM$6.58M0.09%124,750-22.4%
136
TAKE-TWO INTERACTIVE SOFTWAR
874054109
COM$6.58M0.09%25,478New
137
RALLIANT CORP
750940108
COM$6.52M0.09%149,089New
138
RADIAN GROUP INC
750236101
COM$6.47M0.09%178,767New
139
FIGMA INC
316841105
CLASS A COM STK$6.36M0.09%122,650New
140
SIMMONS 1ST NATL CORP
828730200
CL A $1 PAR$6.22M0.09%324,550New
141
V2X INC
92242T101
COM$6.21M0.09%106,900New
142
EXELON CORP
30161N101
COM$6.08M0.09%135,000New
143
ONESTREAM INC
68278B107
CL A$5.95M0.08%322,600-48.4%
144
KLARNA GROUP PLC
G5279N105
SHS$5.71M0.08%155,678New
145
INTUIT
461202103
COM$5.59M0.08%8,191New
146
SHOALS TECHNOLOGIES GROUP IN
82489W107
CL A$5.56M0.08%750,000+22.9%
147
WISDOMTREE INC
97717PAD6
NOTE 3.250% 6/1$5.15M0.07%4,000,000New
148
CUSTOMERS BANCORP INC
23204G100
COM$5.14M0.07%78,560New
149
ISHARES INC
464286509
MSCI CDA ETF$4.94M0.07%97,700
150
NETSKOPE INC
64119N608
CL A$4.89M0.07%215,222New
151
CAMTEK LTD
M20791105
ORD$4.69M0.07%44,600New
152
MIAMI INTL HLDGS INC
59356Q108
COM$4.2M0.06%104,260New
153
LEGENCE CORP
52476L109
CL A$4.12M0.06%133,650New
154
HINGE HEALTH INC
433313103
CL A$3.86M0.05%78,560+4.7%
155
AIRO GROUP HLDGS INC
009422106
COM$3.81M0.05%198,274New
156
ENPHASE ENERGY INC
29355A107
COM$3.54M0.05%100,000New
157
ACCELERANT HOLDINGS
G00894108
CL A$3.35M0.05%225,000New
158
HAMILTON INSURANCE GROUP LTD
G42706104
CL B$2.98M0.04%120,000
159
CIPHER MINING INC
17253J106
COM$2.61M0.04%207,635-84.0%
160
RAPID7 INC
753422104
COM$2.53M0.04%134,845-46.9%
161
MNTN INC
55318A108
CL A$2.38M0.03%128,560+28.6%
162
ISHARES TR
464287242
IBOXX INV CP ETF$2.23M0.03%20,000
163
HEARTFLOW INC
42238D107
COM$2.22M0.03%65,896New
164
ANYWHERE REAL ESTATE INC
75605Y106
COM$2.11M0.03%199,612New
165
LIONSGATE STUDIOS CORP
53626N102
COM$2.07M0.03%300,000New
166
UNITY SOFTWARE INC
91332U101
COM$2M0.03%50,000New
167
ALNYLAM PHARMACEUTICALS INC
02043Q107
COM$1.96M0.03%4,295New
168
OSCAR HEALTH INC
687793109
CL A$1.74M0.02%92,100New
169
CARIS LIFE SCIENCES INC
142152107
COM$1.68M0.02%55,650+11.3%
170
MCGRAW HILL INC
580907103
COM$1.57M0.02%125,000New
171
VIA TRANSN INC
92556W104
COM CL A$1.44M0.02%30,000New
172
WOLFSPEED INC
97785W106
COMMON STOCK$1.4M0.02%48,998New
173
HAGERTY INC
405166109
CL A COM$1.24M0.02%102,611New
174
TARGET CORP
87612E106
COM$1.05M0.01%11,732New
175
ENPHASE ENERGY INC
29355AAH0
NOTE 3/0$978.14K0.01%1,000,000
176
SPDR SERIES TRUST
78464A474
PORTFOLIO SHORT$967.01K0.01%31,925
177
CHIME FINL INC
16935C109
COM SHS CL A$959.33K0.01%47,562+18.9%
178
MAKEMYTRIP LIMITED MAURITIUS
V5633W109
SHS$898.56K0.01%9,600New
179
BROWN & BROWN INC
115236101
COM$797.22K0.01%8,500-99.2%
180
PATTERN GROUP INC
70339W104
COM SER A$685K0.01%50,000New
181
POTBELLY CORP
73754Y100
COM$398.74K0.01%23,400New
182
JOHNSON CTLS INTL PLC
G51502105
SHS$275.65K0.00%2,507-98.5%
183
FAIR ISAAC CORP
303250104
COM$249.92K0.00%167-69.1%
184
COMPASS INC
20464U100
CL A$174K0.00%21,669New
Total filing value: $7.02B