George Soros Significantly Increases Stake in Amazon.com Inc
November 14, 2025
This article first appeared on GuruFocus.
George Soros (Trades, Portfolio) recently submitted the 13F filing for the third quarter of 2025, providing insights into his investment moves during this period. Born in Budapest in 1930, George Soros (Trades, Portfolio) is chair of Soros Fund Management LLC. As one of historys most successful financiers, his views on investing and economic issues are widely followed. Soros established the Quantum Group of Funds hedge fund in 1973; the lead Quantum Fund famously shorted the British Pound in 1992. Soros converted his hedge fund into a family investment office in 2011; Soros Fund Management is advisor to the fund. His basic theory of investing is that financial markets are chaotic. The prices of stocks, bonds and currencies depend on the human beings who buy and sell them, and those traders often act out of highly emotional reactions rather than coolly logical calculations. Opportunities can be found by carefully studying the value and the market prices of assets. He focuses on a theory of “reflexivity,” which is based on the premise that individual investor biases affect market transactions and the economy.
George Soros (Trades, Portfolio) added a total of 66 stocks, among them:
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The most significant addition was Invesco S&P 500 Equal Weight ETF (RSP), with 829,615 shares, accounting for 3.09% of the portfolio and a total value of $157.38 million.
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The second largest addition to the portfolio was Figure Technology Solutions Inc (NASDAQ:FIGR), consisting of 2,233,482 shares, representing approximately 1.6% of the portfolio, with a total value of $81.23 million.
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The third largest addition was The Walt Disney Co (NYSE:DIS), with 655,705 shares, accounting for 1.48% of the portfolio and a total value of $75.08 million.
George Soros (Trades, Portfolio) also increased stakes in a total of 37 stocks, among them:
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The most notable increase was Amazon.com Inc (NASDAQ:AMZN), with an additional 1,843,329 shares, bringing the total to 2,226,187 shares. This adjustment represents a significant 481.47% increase in share count, a 7.96% impact on the current portfolio, with a total value of $488.80 million.
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The second largest increase was Alphabet Inc (NASDAQ:GOOGL), with an additional 631,397 shares, bringing the total to 658,367. This adjustment represents a significant 2,341.11% increase in share count, with a total value of $160.05 million.
George Soros (Trades, Portfolio) completely exited 61 holdings in the third quarter of 2025, as detailed below:
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Liberty Broadband Corp (NASDAQ:LBRDK): George Soros (Trades, Portfolio) sold all 1,440,391 shares, resulting in a -2.24% impact on the portfolio.
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AerCap Holdings NV (NYSE:AER): George Soros (Trades, Portfolio) liquidated all 816,489 shares, causing a -1.62% impact on the portfolio.
George Soros (Trades, Portfolio) also reduced positions in 35 stocks. The most significant changes include:
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Reduced Brown & Brown Inc (NYSE:BRO) by 991,500 shares, resulting in a -99.15% decrease in shares and a -1.86% impact on the portfolio. The stock traded at an average price of $97.46 during the quarter and has returned -14.99% over the past 3 months and -20.39% year-to-date.
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Reduced GFL Environmental Inc (NYSE:GFL) by 1,977,374 shares, resulting in a -69.32% reduction in shares and a -1.69% impact on the portfolio. The stock traded at an average price of $48.43 during the quarter and has returned -11.64% over the past 3 months and -0.32% year-to-date.
At the third quarter of 2025, George Soros (Trades, Portfolio)’s portfolio included 159 stocks, with top holdings including 9.61% in Amazon.com Inc (NASDAQ:AMZN), 6.48% in Smurfit WestRock PLC (NYSE:SW), 3.15% in Alphabet Inc (NASDAQ:GOOGL), 3.09% in Invesco S&P 500 Equal Weight ETF (RSP), and 2.46% in TKO Group Holdings Inc (NYSE:TKO).
The holdings are mainly concentrated in 10 of the 11 industries: Consumer Cyclical, Technology, Financial Services, Communication Services, Industrials, Healthcare, Utilities, Basic Materials, Real Estate, and Consumer Defensive.
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