George Soros (Soros Fund Mgmt) disclosed 50 option positions for the 2023Q4 quarter — 29 long-calls and 21 long-puts — totaling $2.38B of underlying-share notional value. The largest exposures are a put on IWM, a put on QQQ, a put on HYG. Notional values reflect the value of the underlying shares at the quarter-end snapshot, not the option premium paid.
| Type | Underlying | Shares | Notional | % of book |
|---|---|---|---|---|
| PUT | IWMISHARES TR | 1.5M | $301.1M | 3.9% |
| PUT | QQQINVESCO QQQ TR | 600K | $245.7M | 3.2% |
| PUT | HYGISHARES TR | 2.5M | $193.5M | 2.5% |
| PUT | SPYSPDR S&P 500 ETF TR | 335K | $159.2M | 2.1% |
| PUT | 848637104SPLUNK INC | 1.0M | $152.3M | 2.0% |
| CALL | OKTAOKTA INC | 1.1M | $98.6M | 1.3% |
| CALL | BABAALIBABA GROUP HLDG LTD | 1.2M | $90.9M | 1.2% |
| CALL | HYGISHARES TR | 1.0M | $77.4M | 1.0% |
| CALL | NETCLOUDFLARE INC | 900K | $74.9M | 1.0% |
| PUT | COFCAPITAL ONE FINL CORP | 445K | $58.3M | 0.8% |
| PUT | AAPLAPPLE INC | 275K | $52.9M | 0.7% |
| CALL | TLTISHARES TR | 500K | $49.4M | 0.6% |
| PUT | SYFSYNCHRONY FINANCIAL | 1.3M | $47.7M | 0.6% |
| CALL | 8QRCONFLUENT INC | 2.0M | $47.1M | 0.6% |
| CALL | XYZBLOCK INC | 600K | $46.4M | 0.6% |
| PUT | SAVEEURSPIRIT AIRLS INC | 2.8M | $46.0M | 0.6% |
| PUT | NETCLOUDFLARE INC | 508K | $42.3M | 0.6% |
| PUT | PDDPINDUODUO INC | 276K | $40.4M | 0.5% |
| CALL | WOLF*WOLFSPEED INC | 800K | $34.8M | 0.5% |
| PUT | LENLENNAR CORP | 225K | $33.5M | 0.4% |
| CALL | FOURSHIFT4 PMTS INC | 400K | $29.7M | 0.4% |
| CALL | DOCNDIGITALOCEAN HLDGS INC | 800K | $29.4M | 0.4% |
| PUT | MNSTMONSTER BEVERAGE CORP NEW | 500K | $28.8M | 0.4% |
| CALL | SESEA LTD | 654K | $26.5M | 0.3% |
| CALL | WWAYFAIR INC | 400K | $24.7M | 0.3% |
| CALL | UUNITY SOFTWARE INC | 600K | $24.5M | 0.3% |
| CALL | FXIISHARES TR | 1.0M | $24.0M | 0.3% |
| CALL | FIVNFIVE9 INC | 275K | $21.6M | 0.3% |
| CALL | 02156B103ALTERYX INC | 453K | $21.4M | 0.3% |
| CALL | VACMARRIOTT VACATIONS WORLDWIDE | 250K | $21.2M | 0.3% |
| PUT | WSMWILLIAMS SONOMA INC | 100K | $20.2M | 0.3% |
| CALL | SNAPSNAP INC | 1.2M | $19.8M | 0.3% |
| PUT | ROKUROKU INC | 200K | $18.3M | 0.2% |
| PUT | RILYB. RILEY FINANCIAL INC | 794K | $16.7M | 0.2% |
| CALL | JBLUJETBLUE AWYS CORP | 3.0M | $16.6M | 0.2% |
| PUT | DOCNDIGITALOCEAN HLDGS INC | 450K | $16.5M | 0.2% |
| CALL | AXAXOS FINANCIAL INC | 300K | $16.4M | 0.2% |
| CALL | XLUSELECT SECTOR SPDR TR | 250K | $15.8M | 0.2% |
| CALL | LITELUMENTUM HLDGS INC | 300K | $15.7M | 0.2% |
| CALL | DAYCERIDIAN HCM HLDG INC | 200K | $13.4M | 0.2% |
| PUT | WOLF*WOLFSPEED INC | 300K | $13.1M | 0.2% |
| CALL | JWNUSDNORDSTROM INC | 500K | $9.2M | 0.1% |
| PUT | LYFTLYFT INC | 500K | $7.5M | 0.1% |
| CALL | BAMBROOKFIELD ASSET MANAGMT LTD | 150K | $6.0M | 0.1% |
| CALL | 25470M109DISH NETWORK CORPORATION | 1.0M | $5.8M | 0.1% |
| CALL | RPDRAPID7 INC | 100K | $5.7M | 0.1% |
| PUT | JWNUSDNORDSTROM INC | 300K | $5.5M | 0.1% |
| CALL | G66721104NORWEGIAN CRUISE LINE HLDG L | 200K | $4.0M | 0.1% |
| CALL | MSTRMICROSTRATEGY INC | 5.0K | $3.2M | 0.0% |
| PUT | 02156B103ALTERYX INC | 62K | $2.9M | 0.0% |
Notional = value of the underlying shares at the quarter-end snapshot, not the option premium paid. A long PUT is a bearish bet on the underlying; a long CALL is a bullish bet. The reported value is included in the portfolio total but does not reflect actual capital at risk.
George Soros runs Soros Fund Mgmt, a family office overseeing $7.46B in disclosed equity holdings (SEC CIK 0001029160). The latest portfolio (2025Q4) discloses 229 positions across 10 sectors, with the largest positions in AMZN, SPOT 0 03/15/26 and GOOGL. On a mark-to-market basis the tracked portfolio has returned 15.0% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.