索罗斯基金一季度：新增英伟达、清仓超微电脑，增持电力股，买标普卖罗素2000

Core Insights - Soros Fund increased its holdings in S&P 500 ETF and utility stocks while completely liquidating positions in Russell 2000 ETF, Alibaba, and TSMC, indicating a shift towards larger companies amid economic uncertainty [1][4] - The fund's strategy reflects a preference for cyclical consumer, technology, financial services, and defensive consumer sectors, suggesting preparation for a more volatile market environment [1][6] Holdings Summary - The fund's top new purchases included American Electric Power (878,960 shares valued at $96.04 million, 1.9% of the portfolio), Entergy Corp (1,095,279 shares valued at $93.63 million, 1.85%), and JPMorgan Chase (230,963 shares valued at approximately $56.66 million, 1.12%) [4] - Significant adjustments in the technology sector included the complete liquidation of positions in AMD and TSMC, while initiating a new position in Nvidia with 57,753 shares [3][5] - The fund's top ten holdings accounted for 27.51% of the total portfolio, with a market value of $6.70 billion, reflecting a turnover rate of 60.98% [8] Selling Activity - Soros Fund sold out of 78 stocks and reduced holdings in 45 stocks during the quarter, with notable exits from Alphabet (62.64% reduction) and JD.com (93.6% reduction) [7][10] - The fund also completely liquidated positions in 300,000 shares of Arthur J. Gallagher, Airbnb, and Boeing [8]