(Adds more holding details, portfolio value, byline)
By Karey Wutkowski
WASHINGTON May 15 Billionaire investor George
Soros reported on Tuesday that he had more than doubled his
stake in Microsoft Corp.'s (MSFT.O) common stock to 415,497
shares as of March 31 from a previously disclosed stake of
Soros reported in a filing with the U.S. Securities and
Exchange Commission that he had also taken a stake in the call
options of the world's largest software maker with 684,000
shares worth about $19.06 million as of March 31.
Overall, Soros' stake in Microsoft increased to $30.6
million from $5.9 million.
He also reported that he had cut or dropped his stakes in a
number of other technology-oriented companies as of the end of
the first quarter, including Oracle Corp. ORCL.O, Take-Two
Interactive Software Inc. (TTWO.O), and eBay Inc. (EBAY.O).
Soros dropped his stakes in eBay and Take-Two, in which he
had previously held 101,745 shares and 1.01 million shares,
respectively as of Dec. 31. He cut his stake in Oracle to
99,000 shares from 808,000 shares.
He also dropped his stakes in Goodyear Tire & Rubber Co.,
in which he had previously held 1.07 million shares, and in
Diamond Offshore Drilling Inc., in which he had held 814,100
shares as of Dec. 31.
A notable trend in his portfolio was the acquisition of
relatively small stakes in dozens of retailers and consumer
companies, many of which are mainstays at malls across the
The new stakes included Bed Bath & Beyond Inc. (BBBY.O),
Blockbuster Inc. BBI.N, Big Lots Inc. (BIG.N), DSW Inc.
(DSW.N), Hot Topic Inc. HOTT.O, Men's Wearhouse Inc. MW.N,
Payless ShoeSource Inc. PSS.N, Restoration Hardware Inc.
RSTO.O, and Starbucks Corp. (SBUX.O)
Soros also cut stakes in a few clothing retailers, dropping
his holdings in Abercrombie & Fitch Co. (ANF.N) to 66,698
shares from 438,000 shares and reducing his holdings in
American Eagle Outfitters Inc. (AEO.N) and Limited Brands Inc.
The overall value of Soros' fund, Soros Fund Management
LLC, dropped 19 percent to $2.48 billion from the previous