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Soros sells Twitter, Facebook, Apple and Snap
Published: Nov. 14, 2017 at 5:36 p.m. ET
George Soros's hedge fund, Soros Fund Management LLC, eliminated or reduced investments in some of the biggest names in tech last quarter, including Facebook Inc. FB, +0.35% and Apple Inc. AAPL, +0.51% Soros divested a 1,700-share stake in Apple as well as 1.55 million shares of Snapchat parent company Snap Inc. SNAP, +4.08%, according to a quarterly filing with the Securities and Exchange Commission. The hedge fund greatly decreased its holdings in Facebook and Twitter Inc. TWTR, +0.66%, cutting Facebook shares from 476,713 shares to 109,451 and chopping investments in Twitter's stock and debt. Among the new investments Soros opened in the quarter were General Electric Co. GE, -0.71%, General Motors Co. GM, +0.23%, Campbell Soup Co. CPB, +0.57% and Oracle Corp. ORCL, +0.35%
https://www.marketwatch.com/story/soros-sells-twitter-facebook-apple-and-snap-2017-11-14