Last month, billionaire George Soros decided to stop managing client funds. Like many other hedge fund managers, Soros has decided to go the “Family Office” route to lessen some of the blow of new regulations.
At this point, George Soros will still be managing over $24 billion and here are some of the some of the positions he recently decreased.
Citigroup (C:NYSE) George Soros lowered his stake in the beaten up bank stock and sold roughly 2.9 million shares. Soros’ position in C is now worth roughly a little under $3 million.