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7 Stocks George Soros Continues to Buy

George Soros (Trades, Portfolio), the funder of Soros Fund Management LLC, bought shares of the following stocks in both the first and second quarters.

Archer-Daniels Midland Co. (NYSE:ADM)

The guru increased his position by 115.38% in the first quarter and by 21.43% in the second quarter. The stock has a weight of 0.89% in the equity portfolio.

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The company, which operates in the processing of oilseeds, corn and other agricultural commodities, has a market cap of $20.88 billion. Its revenue of $63.34 billion has fallen at an average 3.90% per annum over the last five years.

Tom Gayner (Trades, Portfolio) is the largest guru shareholder of the company with 0.26% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.22%.

Berry Petroleum Corp. (NASDAQ:BRY)

Soros increased his holding by 264.96% in the first quarter and 37.5% in the second quarter. The stock has a weight of 0.15% in the portfolio.

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The company, which produces oil and natural gas, has a market cap of $685.84 million.

The company's largest guru shareholder is Howard Marks (Trades, Portfolio) with 15.92% of outstanding shares, followed by Hotchkis & Wiley with 1.68%, Soros with 0.68% and Louis Moore Bacon (Trades, Portfolio) with 0.07%.

Denbury Resources Inc. (NYSE:DNR)

The investor boosted his stake by 150% in the first quarter and by 160% in the second quarter. The stock has a total weight of 0.21% in the portfolio.

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The oil producer has a market cap of $530.72 million. Its revenue of $1.36 billion has fallen 18.10% on average every year over the last five years.

Jeremy Grantham (Trades, Portfolio) is another notable shareholder of the company with 0.14% of outstanding shares, followed by Ken Fisher (Trades, Portfolio) with 0.07%.

E*Trade Financial Corp. (NASDAQ:ETFC)

In the first quarter, Soros boosted his holding by 12.28% and by 41.79% in the second quarter. The stock has a weight of 0.75% in the portfolio.

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The provider of online brokerage services has a market cap of $9.90 billion. Its revenue of $2.89 billion has grown 14.10% on average every year over the last five years.

The largest guru shareholder of the company is PRIMECAP Management (Trades, Portfolio) with 5.51% of outstanding shares, followed by Steven Cohen (Trades, Portfolio) with 1.17% and Barrow, Hanley, Mewhinney & Strauss with 0.70%.

Morgan Stanley (NYSE:MS)

Soros increased his holding by 95.01% in the first quarter and by 19.67% in the second quarter. The stock has a weight of 0.70% in the portfolio.

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The investment bank has a market cap of $65.95 billion. Its revenue of $3.39 billion has grown at an average annual rate of 6.40% over the last five years.

The largest guru shareholder of the company is Jeff Ubben (Trades, Portfolio) with 1.59% of outstanding shares, followed by Richard Pzena (Trades, Portfolio) with 0.54%, the T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.46% and Pioneer Investments with 0.44%.

Red Hat Inc. (NYSE:RHT)

In the first quarter, the guru increased his position by 130.33% and by 59.48% in the second quarter. The stock has a weight of 2.51% in the portfolio.

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The company, which operates in the application software industry, has a market cap of $33.43 billion. Its revenue of $3.48 billion has grown 18.0% on average every year over the last five years.

The largest guru shareholder of the company is Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway with 2.93% of outstanding shares, followed by Jim Simons (Trades, Portfolio)' Renaissance Technologies with 0.75% and Spiros Segalas (Trades, Portfolio) with 0.24%.

Synchrony Financial (NYSE:SYF)

The investor increased his holding by 922.66% in the first quarter and by 38.29% in the second quarter. The stock has a weight of 0.62% in the portfolio.

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The company, which provides private-label credit cards, has a market cap of $21.85 billion. Its revenue of $17.22 billion has grown at an average annual rate of 9.60% over the last five years.

The largest guru shareholder of the company is Buffett with 3.14% of outstanding shares, followed by Seth Klarman (Trades, Portfolio) with 1.40%, First Eagle Investment (Trades, Portfolio) with 0.98% and Hotchkis & Wiley with 0.38%.

Disclosure: I do not own any stocks mentioned.

Read more here:

  • Mario Gabelli's Largest Sales of the 2nd Quarter
  • 6 Stocks Tom Gayner Continues to Buy
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This article first appeared on GuruFocus.