Soros Fund Management, the family office of billionaire George Soros, slashed its stakes in electric vehicle makers Tesla Inc and Rivian Automotive in the first quarter, and added Netflix Inc shares, filings released Friday showed.
During the first quarter the stock market swung between hopes that inflation would be tamed and the failures of Silicon Valley Bank and Signature Bank, which sparked the largest banking tumult since the 2008 financial crisis.
The positions were revealed in 13-fs filings due at the end of each quarter and released six weeks later.Reporting by David Randall; Editing by Richard Chang
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