Discover Your Financial Growth A 1000 Investment in George Soross Portfolio at 2024s Outset Would Equal This Amount Today
In the peculiar landscape of the 2024 stock market, a noteworthy trend has emerged. Despite the soaring success of numerous companies, the well-crafted and diversified portfolios of esteemed investors have faced challenges in merely keeping pace with the benchmark S&P 500 index.
For instance, an investment in Michael Burry’s top 5 holdings would have yielded a return of 11.33%. Similarly, a similar allocation in Warren Buffett’s major holdings would have seen a growth of 11.24% by June 17, and Robert Kiyosaki’s holdings surged by 37% by June 13.
By contrast, the S&P 500 itself demonstrated a 15.13% positive performance in the year up to July 1, 2024.
In a quest to delve deeper into the performance of renowned investors in the current market scenario, Finbold embarked on an analysis of the potential returns from a $1,000 investment in George Soros’ top 5 holdings made on January 2 up until the present moment.
To maintain simplicity, certain of Soros’ holdings involving put options will be disregarded from the calculation, focusing solely on his five largest non-derivative investments with an equal distribution of the initial $1,000.
Commencing with an investment of $200 in Alphabet (NASDAQ: GOOGL) on January 2, the value at present would stand at $263.67, marking a 31.83% increase in the year-to-date performance.
Similarly, a $200 investment in AerCap Holdings N.V. (NYSE: AER), an aviation leasing company, would have grown to $257.63 by July 1, 2024, showcasing a 28.82% rise since the beginning of the year.
However, the third-largest holding, Rivian (NASDAQ: RIVN), witnessed a downturn. Holding $200 worth of Rivian shares post the start of the year would have dwindled to $127.2 following a YTD decline of 36.40%.
Conversely, the fourth holding, MicroStrategy (NASDAQ: MSTR), saw a substantial upward trajectory by a remarkable 101.05% from the beginning of the year. A $200 investment would have escalated to $402.09 within six months.
Lastly, a $200 stake in DigitalOcean Holdings (NYSE: DOCN) on January 2 would have experienced marginal decrease, falling only by 4.11% to $191.78.
In essence, a $1,000 investment in George Soros’ top 5 holdings at the outset of 2024 would have appreciated by 24.24% to $1,242.37, outperforming the S&P 500 index.
