According to fresh investment disclosures, Soros Fund Management added to its holdings in Motorola Solutions during the third quarter.
George Soros’s hedge fund, which recently closed to outside investors, reported owning 6.6 million shares of Motorola Solutions as of Sept. 30. Motorola Solutions sells radios and other tech gear to police forces and local governments. Three months earlier, Soros reported owning 5.66 million Motorola Solutions shares. Soros Fund Management also added a new debt and equity stake in SanDisk Corp.
Soros, who famously dubbed gold “the ultimate asset bubble,” also continued to juggle his positions in the precious metal, adding call and put options on the SPDR Gold Trust (GLD), a popular gold exchange-traded fund.
Among his new holdings, Soros disclosed owning a 278.3 million in SanDisk senior convertible notes, worth $270.7 million. He also reported a 395,000 equity stake in the flash-memory device maker valued at $15.9 million…..
Read more at http://blogs.wsj.com/deals/2011/11/14/george-soros-builds-stake-in-motorola-solutions/?mod=
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