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Does George Soros know something we don’t about the S&P 500?

By: wilful in FFFT3 | Recommend this post (0)
Fri, 15 Aug 14 11:44 PM | 35 view(s)
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August 15, 2014, 6:35 AM ET

By Barbara Kollmeyer

Oh, goody. It’s 13F time, when mere mortals like us get to see how the big boys rolled the dice in the last quarter.

Among the highlights, Soros Fund Management increased a bear-call bet on the S&P 500 in a huge way. The fund lifted a put position — a bet the market will go lower — on the S&P 500 ETF SPY -0.15% to its biggest size yet, in terms of value and portfolio percentage, making a 605% leap over the previous quarter.

Soros noticed that I have been short the S&P 500 for a while now, so figured it was a good time to step up his game.

Smile




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