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"Soros Put" Hits Record As Billionaire's Downside Hedge Rises By 154% in Q4 To $1.3 Billion
ZEROHEDGE.COM ^ | 02/17/2014 | Tyler Durden

Posted on 02/17/2014 7:17:51 PM PST by FreeAtlanta

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

Actually, two curious findings: the first was that the disclosed Assets Under Management as of December 31, 2013 rose to a record $11.8 billion (this excludes netting and margin, and whatever one-time positions Soros may have gotten an SEC exemption to not disclose: for a recent instance of this, see Greenlight Capital's Micron fiasco, and the subsequent lawsuit of Seeking Alpha which led to the breach of David Einhorn's holdings confidentiality).

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.

Article Link: "Soros Put" Hits Record As Billionaire's Downside Hedge Rises By 154% in Q4 To $1.3 Billion | Zero Hedge (http://www.zerohedge.com/news/2014-02-17/soros-put-hits-record-billionaires-downside-hedge-rises-154-q4-13-billion)


Posted with Article Posting Assistant: (http://code-happy.bahits.com/?p=62)

(Excerpt) Read more at zerohedge.com ...


TOPICS: Crime/Corruption; Extended News; Foreign Affairs; Government
KEYWORDS: finance; georgesoros; obamabundler; soros; soroshedgefund; tylerdurden; tylerdurdenmyass; zerohedge
When are you too old to stop screwing with the world and making people miserable?
1 posted on 02/17/2014 7:17:51 PM PST by FreeAtlanta
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To: FreeAtlanta
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.

This POS has made a living out of manipulating markets and making money off the resulting misery.

He should've been in prison stripes years ago.

2 posted on 02/17/2014 7:22:34 PM PST by skeeter
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To: FreeAtlanta

Bud Fox: “But why do you have to wreck THIS company?”

Gordon Gekko: “Bacause it’s WRECKABLE, all right!?”


3 posted on 02/17/2014 7:25:11 PM PST by Paulie (Buy local, bank local, exert your influence locally; the left will fold like a cheap suit.)
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To: FreeAtlanta

The next paragraph is instructional:

“Then again... the put position rose to 11.1% of his notional holdings. By way of reference, as of June 30 2013 ...13.5%.”


4 posted on 02/17/2014 7:29:18 PM PST by concentric circles
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To: FreeAtlanta

Do you not just hate that guy. A real nonhero. All he is is his money and you can’t take it with you.


5 posted on 02/17/2014 7:34:30 PM PST by Beowulf9
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To: FreeAtlanta

His old partner, Jim Rogers sure has been quiet lately. About a year ago he was predicting a major market crash.


6 posted on 02/17/2014 7:43:40 PM PST by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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To: FreeAtlanta

I may have missed it: he bought, not sold puts, correct?


7 posted on 02/17/2014 7:49:42 PM PST by Insigne123 (It is the soldier, not the community organizer, who gives us freedom of the press)
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To: FreeAtlanta

For Soros? Only when “He’s dead Jim!” And may that day come soon and extremely painful.


8 posted on 02/17/2014 7:59:14 PM PST by Mastador1 (I'll take a bad dog over a good politician any day!)
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To: FreeAtlanta
Assets Under Management as of December 31, 2013 rose to a record $11.8 billion .......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

He has puts totaling 11% of his AUM? And that means what? If it was 50%, what would that mean. Nothing.

9 posted on 02/17/2014 8:01:14 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: skeeter

i believe he is a Hololcost survivor or poser


10 posted on 02/17/2014 8:02:32 PM PST by kvanbrunt2
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To: FreeAtlanta

Soros makes his money by scaring people.


11 posted on 02/17/2014 8:09:49 PM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: FreeAtlanta

Ah, Soros knows well that Zer0 has totally screwed the US economy, and he’s so proud of his Socialist puppet, that he’s decided to make book on it!


12 posted on 02/17/2014 8:16:20 PM PST by Noob1999 (Loose Lips, Sink Ships)
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To: Insigne123

if he has put positions — buying is shorting and is just buying insurance. It just sound like his insurance is working because he can keep selling his puts higher because the markets that he is in are not. he’s a chicken shit. if he really is bearish he should be selling naked calls. ha ha


13 posted on 02/17/2014 8:16:43 PM PST by kvanbrunt2
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To: kvanbrunt2

Quite the opposite. He was a NAZI colluder who sold his fellow Jews into the gas chambers while stealing their properties and profiting on their sale.

He is a noted atheist and for his sake, he better be right!


14 posted on 02/17/2014 8:39:12 PM PST by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: FreeAtlanta

http://www.glennbeck.com/2014/02/17/yes-this-really-happened-george-soros-punched-by-ex-girlfriend-during-court-appearance/


15 posted on 02/17/2014 8:42:14 PM PST by GraceG
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To: FreeAtlanta
The second one is that the "Soros put"...has some people concerned that the author of 'reflexivity' and the founder of "open societies" may be anticipating some major market downside...in other words, if the market goes south, Soros still gets to sell stock shares which he's bought cheap for a much higher than market-value price - this is how he always makes his money - feasting off the ruins of some economy - and now we can understand why he supports leftists all the time - because they're guaranteed to ruin any economy they're put in charge of.......
16 posted on 02/17/2014 8:46:19 PM PST by Intolerant in NJ
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To: Jim from C-Town

i did add the word poser. i think he gets press about being a “survivor” of the Nazi invasion of Hungary. Always sounds like he escaped the death camps or something.


17 posted on 02/17/2014 9:03:16 PM PST by kvanbrunt2
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To: FreeAtlanta

Apparently about 2.5 minutes after the ticker stops...


18 posted on 02/17/2014 10:42:03 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: Beowulf9
All he is is his money and you can’t take it with you.

I s*** you not, there is apparently a not-insignificant number of people like ole Georgie that set up trusts with the expectation that they will reincarnate into their family lineages and resume use of it...

19 posted on 02/17/2014 10:46:39 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: skeeter

Soros investment in Obama pays off. I have no doubt Soros knows the Federal Reserve will reduce or eliminate QE soon.

When Yellen cuts off QE, the Stock Market will fall hard and fast. Soros will make billions off the backs of Main Street who doesn’t have the inside knowledge he does.

I would like to see who on Wall Street is increasing their puts now.


20 posted on 02/18/2014 2:09:16 AM PST by WildWeasel
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To: FreeAtlanta

ping


21 posted on 02/18/2014 2:16:52 AM PST by gattaca (The heart of the wise inclines to the right, but the heart of the fool to the left. Ecclesiastes10:2)
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To: FreeAtlanta
Well, he may be right! The Fed has been juicing the market. Then again, I'm sure Soro’s been on the ride up too! Literally buttering both sides of the bread slice
22 posted on 02/18/2014 5:57:55 AM PST by SIRTRIS
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To: kvanbrunt2

He is a Holocaust avoider. He aided the NAZIs in the plundering of Jews.


23 posted on 02/18/2014 8:36:16 AM PST by arthurus (Read Hazlitt's Economics In One Lesson ONLINEhttp://steshaw.org/economics-in-one-lesson/)
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To: WildWeasel

It is not merely knowledge. Soros causes the events that make him money. His official net worth may be merely billions but he controls a very large multiple of that, perhaps a trillion or more- money that goes where he determines that it should go.


24 posted on 02/18/2014 8:40:21 AM PST by arthurus (Read Hazlitt's Economics In One Lesson ONLINEhttp://steshaw.org/economics-in-one-lesson/)
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To: FreeAtlanta

He’s trying to bring down the economy. He has enough money to throw it away on that little project...


25 posted on 02/18/2014 11:03:10 AM PST by GOPJ ( America's drifting into totalitarianism because the left's exploitation of social failures.Greenfi)
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To: FreeAtlanta

He’s trying to bring down the economy. He has enough money to throw it away on that little project... IMHO


26 posted on 02/18/2014 11:03:26 AM PST by GOPJ ( America's drifting into totalitarianism because the left's exploitation of social failures.Greenfi)
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To: skeeter
[He (Soros) should’ve been in prison stripes years ago.]

If he ever enters the jurisdiction of the Russian Federation it will be his final act.

27 posted on 02/18/2014 11:47:51 AM PST by Brad from Tennessee (A politician can't give you anything he hasn't first stolen from you.)
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