(RTTNews) - According to a filing with the U.S. Securities and Exchange Commission, billionaire George Soros' hedge fund Soros Fund Management LLC increased its holding in U.S. Stocks to $6.2 billion at the end of September 30, 2009, compared to $4.2 billion at the end of June 30, 2009.
During the September quarter, Soros Fund has bought 7.34 million shares of Ford Motor Co. (F:
News ), valued at $52.95 million, and also bought 600 thousand shares of Goodyear Tire & Rubber Co. (GT:
News ), worth $10.22 million. The Fund has also accumulated 1.45 million shares of Macy's Inc.(M:
News ), valued at $26.48 million, and nearly 0.73 million shares of Moody's Corp.(MCO:
News ), worth approximately $14.9 million.
Soros Fund more than doubled its holding in Monsanto Co. (MON:
News ) to 1.13 million shares, valued at $87.2 million, compared to 525,851 shares held at the end of June. Approximately 1.12 million shares of Wal-Mart Stores Inc. (WMT:
News ) were held by the fund at September quarter, compared to 89,710 shares owned at June quarter.
Soros Fund has increased its holdings in Headwaters Inc. (HW:
News ) to 3.2 million shares during the quarter, from 750 thousand held at the end of June, and also upped its holding in AT&T Inc. (T:
News ) to 4.21 million shares, from 791 thousand shares held at June-end. The Fund held 5.18 million shares of Hess Corp. (HES:
News ) at September-end, up from 5.12 million shares owned at the end of June quarter, and held 1.8 million shares of Lowe's Companies Inc. (LOW:
News ), up from 0.58 million shares owned at June-end.
Soros Fund has increased its stake in Petrohawk Energy Corp. (HK:
News ) to 900 thousand shares, up from 400 thousand shares held at the end of June and boosted its holding in Stone Energy Corp. (SGY:
News ) to 1 million shares, from 550 thousand shares held at June-end. The fund significantly boosted its holding in Suncor Energy Inc. (SU:
News ,SU.TO:
News ) to 2.64 million shares, valued at $91.35 million, from 0.68 million shares held at the end of June.
Soros' hedge fund has also boosted its ownership in Interoil Corp. (IOC:
News ,IOL.TO:
News ) to 2.82 million shares, valued at $110.68 million, compared to 1.86 million shares owned at June-end. Soros Fund also boosted its stake in Potash Corp. of Saskatchewan, Inc. (POT:
News ,POT.TO:
News ) to 2.95 million shares during September quarter, up from 1.98 million shares held three months earlier.
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by RTT Staff Writer
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