According to George Soros, 90, to invest in a stock market, the age factor does not really matter as a healthy return has been generated by the investor during the pandemic. The performance of his top ten stock was excellent with a broader margin in the international market. The Soros Fund Management has benefitted from the investment in firms with high growth rates and from its portfolio adjustment strategies, however, the external investors cannot invest in this fund. Such as, DraftKings position has been sold by the company during the fourth quarter after gaining the position in the second quarter to benefit from the share price gains. Depending on the LCH data, this fund is on the second number in a best-performing hedge fund. The Soros Fund Management is also benefitting from the electric vehicle increasing demand in the market. A huge position has been gained by the company in a manufacturing company of solid-state lithium-metal batteries for an electric vehicle, QuantumScape Corp in Q4. To benefit from the gains, more than half of its stake in The Hain Celestial Group, Inc. has been cut out by the company. In the past 12 months, The Hain Celestial stock price has increased to 63%. You will read about Top 10 Stock Picks by George Soros in this article below.
There is a 14% increase seen in the shares of D.R. Horton, Inc. in 2021 after their outstanding performance in 2020. George Soros was much interested in this stock, as since 2019 a big stake in D.R. Horton is held by Soros Fund Management. During the 2020 fourth quarter, a 21% increase in the position in DHI has been increased by Soros Fund, which has made it the 5 largest stock holding of 13F portfolio. In the December quarter, 46% revenue growth was generated by D.R Horton and according to the company, the homes sales order has increased 107% to 28,487 homes and 111% in value to $8.9 billion. During the fourth quarter, a huge position in QuantumScape Corporation has been gained by purchasing 3.3 million shares by the family office fund whose value in the overall portfolio is 5.29%. Since the entrance of QuantumScape in the New York Stock Exchange market, it has seen many ups and downs in its shares in the market. Currently, the company is trading at a $63 stock price. Solid-state lithium-metal batteries are developed and commercialized for electric vehicles by QuantumScape Corporation. Check out this article George Soros’ Top 10 Stock Picks for more information on various other stocks.