George Soros (Trades, Portfolio) in the first quarter had 23% turnover in his stock portfolio with 81 new stocks added. But the top five all came from the same two sectors: oil and gas, and homebuilding and construction.
Stocks uppermost in Soros' portfolio are from the consumer cyclical sector at 18.4%, technology at 16.8%. The portfolio is valued at $8.98 billion with 212 positions reported.
Soros Fund Management LLC manages primarily Soros' and his family's personal wealth.
The firm's largest new buys of the past quarter were: Noble Energy Inc. (NBL), Lennar Corp (LEN), California Resources Corp (CRC), DR Horton Inc. (DHI) and PulteGroup Inc. (PHM).
Noble Energy Inc. (NBL)
Soros purchased 2,412,422 shares of Noble Energy, a 1.3% portfolio weight. The stock's average price for the quarter was $47.
Noble Energy Inc. is a Delaware corporation, incorporated in 1969. Noble Energy Inc. has a market cap of $17.37 billion; its shares were traded at around $44.88 with a P/E ratio of 16.6 and P/S ratio of 3.69. The dividend yield of Noble Energy Inc. stocks is 1.6%. Noble Energy Inc. had an annual average earnings growth of 6.8% over the past 10 years.
Lennar Corp (LEN)
Soros purchased 1,575,650 shares of Lennar Corp, a 0.91% portfolio weight. The stock's average price for the quarter was $48.
Lennar Corp was founded as a local Miami homebuilder in 1954. Lennar Corp has a market cap of $9.77 billion; its shares were traded at around $47.60 with a P/E ratio of 16.3 and P/S ratio of 1.35. The dividend yield of Lennar Corp stocks is 0.34%.
California Resources Corp (CRC)
Soros purchased 10,670,485 shares of California Resources Corp, a 0.9% portfolio weight. The stock's average price was $6.
California Resources Corp has a market cap of $3.09 billion; its shares were traded at around $8.00 with and P/S ratio of 0.84. The dividend yield of California Resources Corp stocks is 0.13%.
DR Horton Inc. (DHI)
Soros purchased 279,6105 shares of DR Horton Inc., a 0.89% portfolio holding. The company's share price averaged $26 for the quarter.
DR Horton Inc. is a Delaware corporation, incorporated in 1991. DR Horton Inc. has a market cap of $9.67 billion; its shares were traded at around $26.38 with a P/E ratio of 16.8 and P/S ratio of 1.0. The dividend yield of DR Horton Inc. stocks is 1.0%.
PulteGroup Inc. (PHM)
Soros purchased 3,169,581 shares of PulteGroup, a 0.78% portfolio weight. The stock's price averaged $22 in the quarter.
PulteGroup Inc. is a Michigan corporation organized in 1956. Pultegroup Inc .has a market cap of $7.24 billion; its shares were traded at around $19.87 with a P/E ratio of 16.0 and P/S ratio of 1.30. The dividend yield of Pultegroup Inc. stocks is 1.30%.
See more of Soros' portfolio holdings in his portfolio here. Not a Premium Member of GuruFocus? Try it free for 7 days here.
This article first appeared on
GuruFocus.