BOSTON (Reuters) – 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. {”s” : “f,petr4.sa,t,vz,wmt”,”k” : “c10,l10,p20,t10″,”o” : “”,”j” : “”} According to a regulatory filing on Monday Soros Fund Management took a 7.3 million stake in Ford Motor Co (NYSE: F – News ) during the third quarter that is valued at $53 million. Soros also raised his holdings of AT&T (NYSE: T – News ) to 4.2 million shares at the end of the third quarter, from 791,000, while he raised his stake in Verizon (NYSE: VZ – News ) to 4.6 million shares, from 594,853 in the second quarter. He also raised his stake in retailer Wal Mart (NYSE: WMT – News ) Stores to 1.1 million shares valued at $54.8 million. Soros cut his stake in Petroleo Brasileiro SA (Sao Paolo: PETR4.SA – News ; PBR), or Petrobras, to 7.4 million shares from 9.8 million shares. (Reporting by Svea Herbst-Bayliss; editing by Carol Bishopric) The rest is here: Soros’ holdings increase, takes stake in Ford (Reuters)
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Soros’ holdings increase, takes stake in Ford (Reuters)
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