“Soros Put” Hits Record As Billionaire’s Downside Hedge Rises By 154% In Q4 To $1.3 Billion

 

 

 

 

” A curious finding emerged in the latest 13F by Soros Fund Management, the family office investment vehicle managing the personal wealth of George Soros.

  The second one is that the “Soros put”, a legacy hedge position that the 83-year old has been rolling over every quarter since 2010, just rose to a record $1.3 billion or the notional equivalent of some 7.09 million SPY-equivalent shares. Since this was an increase of 154% Q/Q this has some people concerned that the author of ‘reflexivity’ and the founder of “open societies” may be anticipating some major market downside.”

 

   We’re not financiers but putting this together with the news of China and Japan shedding T-bills and bankers dropping like flies makes one wonder .

Tyler Durden explains