If an investor had invested US$1,000 at the beginning of 2024 in George Soros’ portfolionow, looking ahead to the second half of the year, I would have earned exactly that amount.
A peculiar feature of the stock market in 2024 has been that, even as several companies have hit record highs, well-diversified portfolios of prominent investors have struggled to even keep up with the benchmark S&P 500 index.
For example, An investment in Michael Burry’s top 5 holdings would have returned 11.33%A similar purchase of Warren Buffett’s top holdings would have seen them rise 11.24% through June 17, and Robert Kiyosaki’s would have seen them rise 37% through June 13.
The S&P 500 itself is up 15.13% on the year-to-date (YTD) chart as of July 1, 2024. Continuing to examine how well some of the most famous investors in the market today are doing, Finbold decided to take a look at how much a $1,000 investment in the top 5 holdings would have appreciated. George Soros January 2 at the time of publication.
Investing in George Soros’ portfolio
For simplicity, several of Soros’s largest holdings will be excluded from the calculation, since they are put options. Instead, the estimates will focus on the billionaire’s five largest non-derivative investments, assuming an equal distribution of the original $1,000 amount.
For starters, $200 invested in Alphabet (NASDAQ: GOOGL) stock on January 2 would be worth $263.67 at the time of publication, given that the stock is up 31.83% year to date.
A similarly sized investment in AerCap Holdings NV (NYSE: AER) – an aviation leasing company – would have grown to $257.63 by July 1, 2024, as the company’s shares have gained 28.82% since the start of the year.
The third-largest holding hasn’t been a winner so far. In fact, $200 worth of Rivian (NASDAQ:RIVN) stock purchased just after New Year’s Day would have dropped to $127.2 after a 36.40% drop year to date.
The fourth holding, however, stands in stark contrast to the third. In fact, MicroStrategy (NASDAQ: MSTR) is up an impressive 101.05% since the start of the year, and a $200 investment made six months ago would have appreciated to $402.09.
Finally, $200 worth of DigitalOcean Holdings (NYSE: DOCN) shares purchased on January 2 would have remained almost flat, down just 4.11% to $191.78.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
