Monday, February 17, 2014

George Soros $1.3 billion bearish bet on market

A recent 13F filings shows that George Soros's firm increased a put position on the S&P 500 ETF  SPY  by a whopping 154% in the fourth quarter, compared with the third. 

The value of that holding, the biggest position in the fund, has risen to $1.3 billion from around $470 million. It now makes up a 11.13% chunk of all reported holdings.