Soros Fund Q4 Buys MSFT, NVDA, AAPL and Gold; Sell Snowflake, Circle, IBKR

Soros Fund Management, based on its latest 13F filing, added significant positions in large-cap tech and defensive assets in Q4 2025 amid market volatility. The fund bought approximately 161,000 shares of Microsoft (MSFT-US), 118,000 of NVIDIA (NVDA-US), and 66,000 of Apple (AAPL-US), reinforcing its focus on core, high-competitive moat assets. It also increased stakes in Atlassian (TEAM-US), Salesforce (CRM-US), and Uber (UBER-US). To balance growth and protection, Soros added 488,000 shares of Exelon (EXC-US) and 318,000 of Electronic Arts (EA-US). The firm sold significant positions in Snowflake (SNOO), Circle Internet Group (CRCL), and Intercontinental Exchange (IBKR), and completely unloaded KeyCorp (KEY-US), CareTrust REIT (CTRE-US), Cipher Mining (CIFR-US), and KKR & Co. (KKR-US). In the fourth quarter, Soros新建仓 New Gold (NGD-US), DigitalBridge (DBRG-US), Blue Owl Capital (OWL-US), Exact Sciences (EXAS-US), and Xcel Energy (XEL-US), reflecting a heightened risk-mitigation stance and a strategic shift toward gold and utilities amid geopolitical and macroeconomic uncertainty.