Soros Fund ramps up Intel stake to over $340 million in third quarter
Soros Fund Management, the family office of billionaire George Soros, significantly raised its stake in Intel in the third quarter, a regulatory filing showed on Friday.
The investment firm built a 2.83 million-share position valued at $340.3 million as it boosted its exposure to the major PC chip supplier.
The fund had held just 100,000 Intel shares at the end of June, according to its previous quarterly disclosure, marking one of the most striking changes in its portfolio.
