Soros' holdings increase, takes stake in Ford
Billionaire investor George Soros' hedge fund reported holdings of $6.2 billion during the third quarter, an increase of $2 billion, after taking a stake in automaker Ford and boosting his holdings in communications services stocks.
According to a regulatory filing on Monday Soros Fund Management took a 7.3 million stake in Ford Motor Co
Soros also raised his holdings of AT&T
He also raised his stake in retailer Wal Mart
Soros cut his stake in Petroleo Brasileiro SA
(PBR), or Petrobras, to 7.4 million shares from 9.8 million shares.
(Reporting by Svea Herbst-Bayliss; editing by Carol Bishopric)
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