George Soros gives up on Rivian, sells his $67million worth of shares – 1.1% of the company

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  • George Soros sold off his entire stake of Rivian (RIVN) during the third quarter.
  • The sale consisted of 4.18 million shares.
  • RIVN stock has remained flat so far this year.

The deadline for institutional investors to file their third quarter 13F has passed, meaning that the public is now able to view institutional positions as of Sept. 30.

Billionaire George Soros has been a popular investor to track. His fund, Soros Fund Management, had 13F assets under management (AUM) of $7.04 billion as of Q3, up from $6.41 billion during Q2. According to WhaleWisdom, Soros returned an estimated 10.46% during the second quarter, bringing his one-year performance to 5.47%.

https://investorplace.com/2023/11/rivn-stock-alert-did-george-soros-just-give-up-on-rivian/

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