The Chairman of Soros Fund Management LLC is George Soros, who is a billionaire. He has always maintained that the markets may stumble. This is related to the uncertainty that is surrounding the current U.S. President, Donald Trump. But George Soros also holds positions that may profit in case of faltering financial markets. All this is quite evident through the U.S. regulatory filings.There were certain statements made by George Soros during the annual media dinner organized by him. This was in Davos, Switzerland at the World Economic Forum. He claimed that it was not possible to predict what Trump will be doing next.As per the US regulatory findings, Soros Fund Management has placed options on PowerShares QQQ Trust, besides SPDR S&P 500 ETF as well as iShares Russell 2000 ETF. All these funds are traded on exchange. These are tracking a wide U.S. stock market index today.
Soros Fund Management is not disclosing any more than what has been outlined in this filing. These are quarterly disclosures. These are the asset manager stock holdings. They are called the 13F filings with the SEC. This helps to know all about what exactly the big investors are buying and selling. It does not tell about their current stakes though.It can be considered as an incomplete portfolio of an investor. It even includes the exact profit and loss details pertaining to their options. This way the options are able to limit any risk that may be pertaining to any other holding that may be more consequential in their portfolio.With regard to the specific case of George Soros, this kind of SPY put can be related to the ETF position which is valued at $2.7 million.
The call option, in this case, will be valued at $50 million. Any types of profits that accrue on calls tend to enhance based on the equity against which they are held.George Soros is the founder of Soros Fund Management. This firm is based in New York. It has already donated millions of dollars to several groups that support Democrats.George Soros is known for making huge profits. This was in 1992 when he had battled against the British pound. At that time the British Pound had crashed. Due to this reason, it was withdrawn from European Exchange Rate Mechanism.George Soros has always maintained that he did not agree with the policies of the US Government. He maintains that they have not protected human rights, whether in the US or other countries. In fact, this has led to terrorism too.He is a self-made man. He has studied in London and then moved to the Wall Street where he made his billions!