Monday, May 17, 2010

George Soros' Exxon Mobil (NYSE:XOM) Stake Raised

In a required 13f filing, George Soros revealed his Soros Fund Management invested heavily in Exxon Mobil (NYSE:XOM), increasing the stake in the company by 80 percent.

Soros also increased his position in Petroleo Brasileiro SA (NYSE:PBR) by 18 percent.

Positions in Citigroup (NYSE:C) and Pfizer (NYSE:PFE) were lowered, while they liquidated positions in Altria Group, Inc. (NYSE:MO) and The Bank of New York Mellon (NYSE:BK).

Somewhat surprisingly, he lowered his position in SPDR Gold Trust (NYSE:GLD) as well, probably wishing he had held onto it.

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