Stocks That George Soros Keeps Selling: YHOO, BPZ, CVA, GBG, VOD

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Mar 10, 2011
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In the previous article we highlighted some of the stocks that Soros Fund keeps buying. In this article we discuss the companies he keeps selling. These companies are Yahoo! Inc., BPZ Resources Inc., Covanta Holding Corp., Great Basin Gold Ltd., Vodafone Group Plc,

To check the complete list of of George Soros, please go to http://www.gurufocus.com/holdings.php?GuruName=George+Soros

No. 1: Yahoo! Inc. (YHOO, Financial), Weightings: 0.48% - 2,208,300 Shares

George Soros owns 2,208,300 shares of YHOO, valued as $37 million as of Dec. 31, 2010, which accounts for 0.48% of his equity portfolio. George Soros reduced his positions in the Sep. 30, 2010 quarter by 3.42%, again in the Dec. 31, 2010 quarter by 35.17%.



Yahoo! Inc. is a global Internet communications, commerce and media company that offers a comprehensive branded network of services. Yahoo! Inc. has a market cap of $23.11 billion; its shares were traded at around $17.65 with a P/E ratio of 23.9 and P/S ratio of 3.8.

No. 2: BPZ Resources Inc. (BPZ, Financial), Weightings: 0.3% - 4,820,675 Shares

George Soros owns 4,820,675 shares of BPZ, valued as $23 million as of Dec. 31, 2010, which accounts for 0.3% of his equity portfolio. George Soros reduced his positions in the Sep. 30, 2010 quarter by 14.6%, again in the Dec. 31, 2010 quarter by 17.57%.



BPZ Resources is an oil and gas exploration and production company with properties in northwest Peru and Ecuador. Bpz Resources Inc. has a market cap of $726.6 million; its shares were traded at around $6.29 with and P/S ratio of 6.3.

No. 3: Covanta Holding Corp. (CVA, Financial), Weightings: 0.24% - 1,066,900 Shares

George Soros owns 1,066,900 shares of CVA, valued as $18 million as of Dec. 31, 2010, which accounts for 0.24% of his equity portfolio. George Soros reduced his positions in the Sep. 30, 2010 quarter by 13.11%, again in the Dec. 31, 2010 quarter by 45.91%.



Covanta Holding Corporation is an internationally recognized owner and operator of large-scale Energy-from-Waste and renewable energy projects and a recipient of the Energy Innovator Award from the U. Covanta Holding Corp. has a market cap of $2.54 billion; its shares were traded at around $17.04 with a P/E ratio of 28.4 and P/S ratio of 1.6. Covanta Holding Corp. had an annual average earning growth of 3.9% over the past 5 years.

No. 4: Great Basin Gold Ltd. (GBG, Financial), Weightings: 0.2% - 5,100,000 Shares

George Soros owns 5,100,000 shares of GBG, valued as $15 million as of Dec. 31, 2010, which accounts for 0.2% of his equity portfolio. George Soros reduced his positions in the Sep. 30, 2010 quarter by 7.67%, again in the Dec. 31, 2010 quarter by 14.37%.



Great Basin Gold Ltd. has a market cap of $1.14 billion; its shares were traded at around $2.525 with and P/S ratio of 38.4.

No. 5: Vodafone Group Plc (VOD, Financial), Weightings: 0.06% - 183,300 Shares

George Soros owns 183,300 shares of VOD, valued as $5 million as of Dec. 31, 2010, which accounts for 0.06% of his equity portfolio. George Soros reduced his positions in the Sep. 30, 2010 quarter by 2.82%, again in the Dec. 31, 2010 quarter by 3.32%.



Vodafone AirTouch Plc is the world's largest international mobile communications firm. Vodafone Group Plc has a market cap of $155.03 billion; its shares were traded at around $29.45 with and P/S ratio of 2.2. The dividend yield of Vodafone Group Plc stocks is 3.1%.To check the complete list of of George Soros, please go to http://www.gurufocus.com/holdings.php?GuruName=George+Soros