George Soros (Soros Fund Mgmt) disclosed 48 option positions for the 2023Q2 quarter — 25 long-calls and 23 long-puts — totaling $1.80B of underlying-share notional value. The largest exposures are a put on QQQ, a put on SPY, a call on TLT. 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 | QQQINVESCO QQQ TR | 850K | $314.0M | 4.9% |
| PUT | SPYSPDR S&P 500 ETF TR | 530K | $234.9M | 3.7% |
| CALL | TLTISHARES TR | 1.4M | $144.1M | 2.2% |
| CALL | 848637104SPLUNK INC | 650K | $69.0M | 1.1% |
| CALL | PDDPINDUODUO INC | 952K | $65.8M | 1.0% |
| PUT | IWMISHARES TR | 350K | $65.5M | 1.0% |
| CALL | OKTAOKTA INC | 900K | $62.4M | 1.0% |
| PUT | HYGISHARES TR | 750K | $56.3M | 0.9% |
| CALL | IWMISHARES TR | 250K | $46.8M | 0.7% |
| PUT | DFSEURDISCOVER FINL SVCS | 400K | $46.7M | 0.7% |
| CALL | ARKKARK ETF TR | 1.0M | $44.1M | 0.7% |
| PUT | FIVNFIVE9 INC | 500K | $41.2M | 0.6% |
| CALL | 02156B103ALTERYX INC | 850K | $38.6M | 0.6% |
| PUT | MSTRMICROSTRATEGY INC | 100K | $34.2M | 0.5% |
| CALL | FIVNFIVE9 INC | 400K | $33.0M | 0.5% |
| CALL | 8QRCONFLUENT INC | 900K | $31.8M | 0.5% |
| PUT | RILYB. RILEY FINANCIAL INC | 671K | $30.8M | 0.5% |
| CALL | BABAALIBABA GROUP HLDG LTD | 350K | $29.2M | 0.5% |
| PUT | MDBMONGODB INC | 70K | $28.8M | 0.4% |
| PUT | AMDADVANCED MICRO DEVICES INC | 250K | $28.5M | 0.4% |
| PUT | LENLENNAR CORP | 225K | $28.2M | 0.4% |
| PUT | AALAMERICAN AIRLS GROUP INC | 1.5M | $26.9M | 0.4% |
| PUT | NETCLOUDFLARE INC | 400K | $26.1M | 0.4% |
| PUT | 02156B103ALTERYX INC | 500K | $22.7M | 0.4% |
| PUT | IPGINTERPUBLIC GROUP COS INC | 500K | $19.3M | 0.3% |
| CALL | SESEA LTD | 300K | $17.4M | 0.3% |
| CALL | RNGRINGCENTRAL INC | 500K | $16.4M | 0.3% |
| CALL | BLBLACKLINE INC | 250K | $13.5M | 0.2% |
| PUT | XYZBLOCK INC | 200K | $13.3M | 0.2% |
| CALL | XYZBLOCK INC | 200K | $13.3M | 0.2% |
| CALL | NETCLOUDFLARE INC | 200K | $13.1M | 0.2% |
| PUT | WWAYFAIR INC | 200K | $13.0M | 0.2% |
| CALL | DOCNDIGITALOCEAN HLDGS INC | 300K | $12.0M | 0.2% |
| CALL | SNAPSNAP INC | 1.0M | $11.8M | 0.2% |
| PUT | SESEA LTD | 200K | $11.6M | 0.2% |
| CALL | LITELUMENTUM HLDGS INC | 200K | $11.3M | 0.2% |
| PUT | WOLF*WOLFSPEED INC | 200K | $11.1M | 0.2% |
| CALL | WOLF*WOLFSPEED INC | 200K | $11.1M | 0.2% |
| CALL | KRESPDR SER TR | 250K | $10.2M | 0.2% |
| PUT | 25470M109DISH NETWORK CORPORATION | 1.5M | $9.9M | 0.2% |
| PUT | 46583P102IVERIC BIO INC | 250K | $9.8M | 0.2% |
| CALL | UUNITY SOFTWARE INC | 200K | $8.7M | 0.1% |
| PUT | M87915274TOWER SEMICONDUCTOR LTD | 150K | $5.6M | 0.1% |
| PUT | SMTCSEMTECH CORP | 200K | $5.1M | 0.1% |
| CALL | 25470M109DISH NETWORK CORPORATION | 700K | $4.6M | 0.1% |
| CALL | RTXRAYTHEON TECHNOLOGIES CORP | 47K | $4.6M | 0.1% |
| CALL | SKINTHE BEAUTY HEALTH COMPANY | 400K | $3.3M | 0.1% |
| CALL | DDD3-D SYS CORP DEL | 300K | $3.0M | 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.