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Benzinga
Benzinga
Business
Shanthi Rexaline

George Soros' Fund Buys Up Nio And This US EV Stock, While Selling Entire Stake In These 2 Companies

George Soros NIO Soros Fund Management SEC NYSE electric vehicle GM Rivian

Billionaire investor George Soros' Soros Fund Management has worked around with its electric vehicle portfolio in the first quarter, according to a 13F filing submitted to the SEC on Friday.

Fresh Positions In Nio, Lucid: Soros' fund bought 101.796 million shares of Chinese EV startup Nio, Inc. (NYSE:NIO) in the first quarter after holding no position in the company in the previous quarter.

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