Soros Adds to Motorola Solutions, Reduces Citigroup, Wells Fargo
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George Soros, the billionaire who is returning money to outside investors to focus on his family’s assets, added to shares of Motorola Solutions Inc. while cutting most of his stakes in Citigroup Inc. and Wells Fargo & Co. in the second quarter.
Soros Fund Management LLC bought 1.2 million shares of Motorola Solutions, bringing his holding to 5.7 million, the firm said today in a filing with the U.S. Securities and Exchange Commission. The New York-based firm sold 2.9 million shares of Citigroup and 3.4 million shares of Well Fargo, according to the filing.