Soros Loads on Banks, Cloud-Based Software Companies

In the second quarter, billionaire George Soros showed interest in large banks and cloud-computing companies, according to a filing with the Securities and Exchange Commission. In the quarter ended June 30, Soros Fund Management added a new position in Bank of America Corp BAC to a 1.2 million-share position.
+ 0.45%,
Citigroup Inc. A new 515,000-share position in C,
+ 0.07%,
JP Morgan Chase a new 258,000-share position in JPM,
+ 0.03%,
A new 582,000-share position in Morgan Stanley M.S.
+ 0.23%,
PNC Financial Services Group Inc. a new 217,000 location in PNC,
+ 0.66%,
And a new 762,000-share position in Wells Fargo & Co. WFC,
+ 1.11%.
Soros has CrowdStrike Holdings Inc. Also added a new 69,000-share space in CRWD,
+ 0.35%,
And about half the size of new positions at Datadog Inc. DDOG.
Palo Alto Networks Inc. PANW,
Zendesk Inc. ZEN,
Splunk Inc., SPLK
ZS and Zscaler Inc.,
+ 0.67%.
Soros ended his positions at the Walt Disney Company DIS,
And the Boeing Company BA,
+ 1.91%.
In particular, he sold his approximately 2 million stake in Innovio Pharmaceuticals Inc. INO.
+ 2.74%,
And Peloton Interactive Inc. Stripped of its 3 million stake in PTON.
509,000 shares from


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