SOROS CAPITAL MANAGEMENT LLC — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, SOROS CAPITAL MANAGEMENT LLC initiated 7 new positions, increased allocation to 10 existing positions, trimmed 10 positions, and exited 17 positions entirely. The fund's 13F equity book declined from $0.38B to $0.23B (-39.7% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $0.38BPrior quarter
- $0.23BCurrent quarter
- $-0.15BNet delta
- -39.7%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| GE VERNOVA INC | GEV | 7.01% | History → |
| AMERICAN TOWER CORP | AMT | 3.97% | History → |
| EIKON THERAPEUTICS, INC. | EIKN | 2.23% | Holders → |
| ANALOG DEVICES INC | ADI | 2.14% | Holders → |
| TEXAS INSTRS INC | TXN | 2.14% | Holders → |
| SKYWEST INC | SKYW | 0.61% | Holders → |
| AMER SPORTS INC | AS | 0.30% | Holders → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| BOOKING HOLDINGS INC | BKNG | +0.70% | +158.02% | Holders → |
| MOTOROLA SOLUTIONS INC NEW | MSI | +1.98% | +101.74% | Holders → |
| CATERPILLAR INC | CAT | +3.83% | +97.37% | History → |
| COMFORT SYS USA INC | FIX | +5.56% | +88.87% | History → |
| PROPETRO HLDG CORP | PUMP | +5.13% | +59.37% | History → |
| ISHARES TR | IUSB | +0.07% | +37.87% | Holders → |
| TJX COS INC/THE | TJX | +0.76% | +36.83% | Holders → |
| ALCON AG | ALC | +1.53% | +24.82% | History → |
| NETFLIX INC | NFLX | +0.68% | +23.90% | Holders → |
| ISHARES TR | IVV | +0.09% | +23.12% | Holders → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| ALPHABET INC | GOOGL | -19.52% | -97.52% | Holders → |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | -5.87% | -93.61% | Holders → |
| BROADCOM INC | AVGO | -6.47% | -91.74% | Holders → |
| FLUTTER ENTMT PLC | FLUT | -1.78% | -90.71% | Holders → |
| GODADDY INC | GDDY | -0.80% | -62.04% | Holders → |
| TAPESTRY INC | TPR | -0.06% | -56.44% | Holders → |
| INTERCONTINENTAL EXCHANGE IN | ICE | -0.41% | -55.18% | Holders → |
| META PLATFORMS INC | META | -0.05% | -34.37% | Holders → |
| EMCOR GROUP INC | EME | 0.49% | -33.34% | Holders → |
| BLOOM ENERGY | BE | 0.94% | -33.33% | Holders → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| NEBIUS GROUP N.V. | NBIS | 5.03% |
| GENERAL MTRS CO | GM | 2.80% |
| CHURCHILL DOWNS INC | CHDN | 1.50% |
| BOSTON SCIENTIFIC CORP | BSX | 1.37% |
| ISHARES TRUST | EWY | 1.34% |
| TOYOTA MOTOR CORP | TM | 1.30% |
| ON SEMICONDUCTOR CORP | ON | 1.27% |
| ISHARES INC | EWZ | 1.25% |
| AMERICAN EAGLE OUTFITTERS IN | AEO | 0.99% |
| CAESARS ENTERTAINMENT INC NE | CZR | 0.61% |
| SOLARIS ENERGY INFRASTRUCTURE | SEI | 0.53% |
| GAP INC | GAP | 0.50% |
| TRANSUNION | TRU | 0.48% |
| ABBOTT LABS | ABT | 0.18% |
| REVOLUTION MEDICINES INC | RVMDW | 0.09% |
| ROBLOX CORP | RBLX | 0.08% |
| BRINKER INTL INC | EAT | 0.08% |
Methodology & FAQ
How SOROS CAPITAL MANAGEMENT LLC Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for SOROS CAPITAL MANAGEMENT LLC against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did SOROS CAPITAL MANAGEMENT LLC initiate in Q1 2026?
SOROS CAPITAL MANAGEMENT LLC established 7 new positions in Q1 2026: GE VERNOVA INC (GEV, 7.01%), AMERICAN TOWER CORP (AMT, 3.97%), EIKON THERAPEUTICS, INC. (EIKN, 2.23%), ANALOG DEVICES INC (ADI, 2.14%), TEXAS INSTRS INC (TXN, 2.14%), SKYWEST INC (SKYW, 0.61%), AMER SPORTS INC (AS, 0.30%).
Which existing positions saw the largest allocation increases for SOROS CAPITAL MANAGEMENT LLC in Q1 2026?
The largest portfolio-weight increases in existing positions were: BOOKING HOLDINGS INC (BKNG, +0.70% weight, +158.02% shares), MOTOROLA SOLUTIONS INC NEW (MSI, +1.98% weight, +101.74% shares), CATERPILLAR INC (CAT, +3.83% weight, +97.37% shares), COMFORT SYS USA INC (FIX, +5.56% weight, +88.87% shares), PROPETRO HLDG CORP (PUMP, +5.13% weight, +59.37% shares), ISHARES TR (IUSB, +0.07% weight, +37.87% shares), TJX COS INC/THE (TJX, +0.76% weight, +36.83% shares), ALCON AG (ALC, +1.53% weight, +24.82% shares), NETFLIX INC (NFLX, +0.68% weight, +23.90% shares), ISHARES TR (IVV, +0.09% weight, +23.12% shares).
Which positions did SOROS CAPITAL MANAGEMENT LLC fully exit in Q1 2026?
SOROS CAPITAL MANAGEMENT LLC fully exited 17 positions in Q1 2026: NEBIUS GROUP N.V. (NBIS, last-reported weight 5.03%), GENERAL MTRS CO (GM, last-reported weight 2.80%), CHURCHILL DOWNS INC (CHDN, last-reported weight 1.50%), BOSTON SCIENTIFIC CORP (BSX, last-reported weight 1.37%), ISHARES TRUST (EWY, last-reported weight 1.34%), TOYOTA MOTOR CORP (TM, last-reported weight 1.30%), ON SEMICONDUCTOR CORP (ON, last-reported weight 1.27%), ISHARES INC (EWZ, last-reported weight 1.25%), AMERICAN EAGLE OUTFITTERS IN (AEO, last-reported weight 0.99%), CAESARS ENTERTAINMENT INC NE (CZR, last-reported weight 0.61%), SOLARIS ENERGY INFRASTRUCTURE (SEI, last-reported weight 0.53%), GAP INC (GAP, last-reported weight 0.50%), TRANSUNION (TRU, last-reported weight 0.48%), ABBOTT LABS (ABT, last-reported weight 0.18%), REVOLUTION MEDICINES INC (RVMDW, last-reported weight 0.09%), ROBLOX CORP (RBLX, last-reported weight 0.08%), BRINKER INTL INC (EAT, last-reported weight 0.08%).
Which existing positions saw the largest allocation reductions for SOROS CAPITAL MANAGEMENT LLC in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: ALPHABET INC (GOOGL, -19.52% weight, -97.52% shares), TAIWAN SEMICONDUCTOR MANUFAC (TSM, -5.87% weight, -93.61% shares), BROADCOM INC (AVGO, -6.47% weight, -91.74% shares), FLUTTER ENTMT PLC (FLUT, -1.78% weight, -90.71% shares), GODADDY INC (GDDY, -0.80% weight, -62.04% shares), TAPESTRY INC (TPR, -0.06% weight, -56.44% shares), INTERCONTINENTAL EXCHANGE IN (ICE, -0.41% weight, -55.18% shares), META PLATFORMS INC (META, -0.05% weight, -34.37% shares), EMCOR GROUP INC (EME, 0.49% weight, -33.34% shares), BLOOM ENERGY (BE, 0.94% weight, -33.33% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity.