Soros Fund Management LLC, the firm that invests the wealth of billionaire George Soros, sold its stake in SodaStream International Ltd.
The investment firm bought $24.3 million of shares of the Israeli maker of home soda machines earlier this year, according to a May 15 filing with the Securities and Exchange Commission. Michael Vachon, a spokesman for the New York-based fund, confirmed it no longer owns the stock while declining to comment on the timing or reason for the sale. SodaStream shares fell 0.7 percent to $33.80 at 11:46 a.m. in New York.
