George Soros is one of the most famous investors of the modern era, and even at 95, his name still carries weight on Wall Street. The billionaire investor built his reputation through Soros Fund Management and the legendary Quantum Fund, where he became known for bold, high-conviction macro bets that delivered extraordinary returns over decades.
His most famous trade came in 1992, when he shorted the British pound and reportedly made more than $1 billion as the Bank of England was forced to withdraw from the European Exchange Rate Mechanism. Soros also made major currency bets during the 1997 Asian financial crisis, cementing his reputation as an investor willing to move aggressively when he believed markets were mispriced.
Today, Soros is better known for his philanthropy through the Open Society Foundations, and he is no longer managing money in the same hands-on way he once did. But Soros Fund Management remains active, and its portfolio still draws attention from investors who want to see where one of history’s most famous financial minds is placing capital.
Based on Soros Fund Management’s latest 13F filings from the end of 2025, these are nine of the fund’s biggest holdings and why each one stands out.
#9 Taiwan Semiconductor Manufacturing (TSM)
Taiwan Semiconductor Manufacturing was one of Soros Fund Management’s biggest purchases as 2025 came to a close, and it is not hard to see why the fund may have wanted more exposure. TSM is one of the most important companies in the global chip supply chain, manufacturing advanced semiconductors used in smartphones, data centers, AI hardware, and other high-performance computing applications. The artificial intelligence boom has made reliable chip production even more valuable, and TSM sits at the center of that demand.
Soros increased the fund’s exposure to TSM by 157% in the fourth quarter. The position was worth $106.32 million, representing 1.43% of the overall portfolio. The stock had already been on a huge run, jumping 77.52% over the prior year. That kind of rally can make some investors cautious, but Soros Fund Management appears to be betting that the long-term AI infrastructure buildout still has room to run. For investors watching major hedge fund moves, this is a clear vote of confidence in one of the most critical companies behind the AI revolution.
#8 Kodiak AI (KDK)
Kodiak AI was a new Soros Fund Management purchase in the fourth quarter, making it one of the more interesting additions to the portfolio. The fund bought nearly 10 million shares valued at $108.85 million, which gave the position a 1.46% weighting in the portfolio. Unlike some of the larger, more established technology names on this list, Kodiak AI is a more targeted bet on the future of automation, specifically in the trucking and logistics industry.
Kodiak develops autonomous vehicle technology and related services designed for long-haul trucking. If autonomous trucking becomes more widely adopted, companies in this space could benefit from lower labor costs, improved efficiency, and demand from logistics firms looking to modernize their fleets. That makes Kodiak a higher-risk, higher-upside type of position compared to blue-chip names like Apple or Microsoft. The stock was mostly flat over the one-year period, losing 1.6%, which may suggest Soros is getting in before the market fully prices in the opportunity. This looks like a bet on where transportation technology could be heading, not just where it stands today.
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#7 Apple (AAPL)
Apple remains one of the most recognizable companies in the world, and Soros Fund Management increased its stake even as the market continues debating the company’s next phase of growth. Apple’s strength has always been its ecosystem. The company sells hardware, software, services, subscriptions, and accessories that all work together inside a tightly controlled platform. That walled-garden approach continues to keep customers loyal and gives Apple pricing power that few companies can match.
Still, this is an interesting pick because Apple has not been as aggressive as some of its peers in the artificial intelligence race. While Microsoft, Nvidia, Alphabet, and others have made AI central to their investor stories, Apple has taken a slower and more integrated approach. That may actually be part of the appeal. Soros Fund Management may see Apple as a steadier technology bet with massive cash flow, a loyal customer base, and the ability to roll out AI features across hundreds of millions of devices over time. AAPL makes up 1.52% of the Soros portfolio at $113.16 million in shares after a 19% increase in Q4. The stock was up 5.9% over the last year as of Feb. 14.
#6 Nvidia Corp. (NVDA)
It has become difficult to find a major investor that does not have at least some exposure to Nvidia. The company has become the clear leader in AI chips, and its graphics processing units are powering a huge portion of the artificial intelligence infrastructure buildout. From data centers to cloud computing platforms, Nvidia has become one of the most important companies in the market because so many AI applications depend on its hardware.
Soros Fund Management appears to be leaning further into that trend. The fund increased its Nvidia holdings by 21.5% in the fourth quarter, bringing the position to $124.15 million. That represents 1.66% of the overall portfolio. Nvidia stock was already up 35.12% over the last year, so this was not exactly a bargain-bin purchase. Instead, it looks like Soros Fund Management is willing to pay up for one of the strongest growth stories in the market. The big question for investors is whether Nvidia can continue justifying its valuation as AI spending grows, competitors try to catch up, and customers look for alternatives. For now, Soros seems comfortable betting on the leader.
Microsoft has a subscription-based model for Windows Enterprise, and charges a one-off fee for Windows 10 Pro users.
#5 Microsoft Corp. (MSFT)
Microsoft was one of Soros Fund Management’s bigger fourth-quarter moves, with the fund increasing its position by about 159%. That kind of jump suggests the fund saw an opportunity in one of the most important enterprise technology companies in the world. Microsoft has built its business around software, cloud computing, productivity tools, gaming, cybersecurity, and now artificial intelligence. Its partnership with OpenAI and its aggressive rollout of AI tools across Microsoft Office, Azure, and other products have made it one of the biggest AI beneficiaries in the market.
That said, Microsoft’s AI future is not without debate. Some investors worry that AI could eventually disrupt the very white-collar workflows that made Microsoft Office so valuable in the first place. Others believe Microsoft is in the best position to monetize that disruption because it already owns the workplace software layer used by millions of businesses. Soros Fund Management appears to be leaning toward the second argument. MSFT now comprises 1.71% of the Soros portfolio at $127.21 million. The stock has dropped 17% so far this year, which may mean the fund sees the pullback as a long-term buying opportunity.
#4 TKO Group Holdings (TKO)
TKO Group Holdings stands out on this list because it is not a traditional technology or AI infrastructure play. The company owns and manages major live entertainment and sports brands, including UFC, WWE, and Professional Bull Riders. That gives TKO exposure to combat sports, wrestling entertainment, media rights, live events, sponsorships, and fan-driven content. In an era when live programming remains highly valuable to broadcasters and streaming platforms, TKO has assets that are difficult to replicate.
Soros Fund Management held mostly steady with this investment in the fourth quarter, increasing its position by 2.5%. That is not a dramatic increase, but it does suggest continued confidence in the company’s long-term value. TKO comprises 1.78% of the fund, with $132.84 million in shares. The stock was up 18.49% over the last year, helped by investor interest in premium sports and entertainment rights. For Soros, this may be a bet on the durability of live-event content at a time when traditional media companies are fighting harder than ever for audiences that still tune in live.
#3 Salesforce Inc. (CRM)
Salesforce is another major technology holding in the Soros portfolio, and it gives the fund exposure to enterprise software, customer relationship management, cloud services, and artificial intelligence. The company has been working to position itself as a major AI player by embedding AI tools into its software products and helping businesses automate customer service, sales, marketing, and analytics workflows. That makes Salesforce a potentially important beneficiary of corporate AI spending, especially if companies look for practical ways to use AI inside existing business systems.
Soros increased the fund’s Salesforce holdings by nearly 12% in the fourth quarter. The position is now worth $137.55 million and accounts for 1.84% of the portfolio. Salesforce is down 28.38% year to date, which makes this a more contrarian-looking technology bet than Nvidia or TSM. The market may be worried about valuation, growth rates, or competition, but Soros Fund Management appears to see something worth buying into. If Salesforce can prove that its AI products meaningfully boost revenue and margins, this beaten-down stock could have more upside than investors currently expect.
#2 Alphabet (GOOGL)
Alphabet has become one of the most closely watched stocks in the artificial intelligence race. For a while, investors worried that Google Search could be threatened by ChatGPT and other AI-powered answer engines. That concern has not disappeared, but the narrative around Alphabet has started to shift. Google has enormous advantages in data, distribution, cloud infrastructure, advertising, mobile software, and AI research. If the company can integrate AI into search, YouTube, Android, Google Cloud, and its broader product ecosystem, it could remain one of the most powerful technology companies in the world.
Soros Fund Management trimmed its Alphabet position slightly in Q4, reducing it by 2.93%, but it remains a major holding worth $200.03 million. That represents 2.68% of the overall portfolio. GOOGL was up 64.24% over the last year, so the small reduction may simply reflect portfolio management after a strong run. Even with that trim, Alphabet remains one of the fund’s largest positions. This suggests Soros Fund Management is still betting that Google can defend its core business while becoming a major winner in the next phase of AI.
#1 Amazon (AMZN)
Amazon has been the largest Soros holding for a while, and the fund increased its position by nearly 6% in the fourth quarter. That makes this the clearest high-conviction name on the list. Amazon gives investors exposure to several major trends at once, including e-commerce, digital advertising, cloud computing, logistics, streaming, and artificial intelligence. The company’s most important profit engine remains Amazon Web Services, which is benefiting from strong cloud demand and the AI infrastructure boom, even if its growth has lagged some faster-moving peers.
This bullish bet may seem puzzling to some investors because Amazon has not always been viewed as the flashiest AI winner. However, Soros Fund Management may be looking at the company’s broader earnings power. Amazon has been improving margins, building its advertising business, expanding cloud services, and finding new ways to monetize its enormous customer base. Amazon represents 7.3% of the fund, with a current value of $544.64 million. The stock has declined 13.88% year to date, which may make the position even more interesting. Soros appears to be betting that the market is underestimating Amazon’s long-term ability to turn scale into profit.
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