Soros Capital bets on South Korea and chips, withdraws from Brazil in Q2 trades

[Nvidia headquarters in Santa Clara, California, USA]
JHVEPhoto

George Soros's fund took new positions in iShares MSCI South Korea ETF (NYSEARCA:EWY [https://seekingalpha.com/symbol/EWY]) and VanEck Semiconductor ETF (SMH [https://seekingalpha.com/symbol/SMH]), exited Core Scientific (CORZ [https://seekingalpha.com/symbol/CORZ]) and iShares MSCI Brazil ETF (NYSEARCA:EWZ [https://seekingalpha.com/symbol/EWZ]), increased its stake in Nvidia (NASDAQ:NVDA [https://seekingalpha.com/symbol/NVDA]), and reduced its holdings in Portillo's (PTLO [https://seekingalpha.com/symbol/PTLO]) during Q2 2025, according to its 13F form filed on Thursday.

The firm acquired 229K shares of iShares MSCI South Korea ETF (NYSEARCA:EWY [https://seekingalpha.com/symbol/EWY]) valued at $16.4M and 113K shares of VanEck Semiconductor ETF (SMH [https://seekingalpha.com/symbol/SMH]) ($31.5M). It closed out its positions in Core Scientific (CORZ [https://seekingalpha.com/symbol/CORZ]), iShares MSCI Brazil ETF (NYSEARCA:EWZ [https://seekingalpha.com/symbol/EWZ]), and Yum China (YUMC [https://seekingalpha.com/symbol/YUMC]).

It boosted holdings in Nvidia (NASDAQ:NVDA [https://seekingalpha.com/symbol/NVDA]) to ~103K shares ($16.3M) from 17.5K shares, Broadcom (AVGO [https://seekingalpha.com/symbol/AVGO]) to 37K shares ($10.2M) from ~11K shares, and Fiserv (FI [https://seekingalpha.com/symbol/FI]) to 31K shares ($5.36M) from 15K shares.

Soros Capital Management reduced its stakes in Portillo's (PTLO [https://seekingalpha.com/symbol/PTLO]) to 80K ($936K) from 431K shares, Boston Scientific (BSX [https://seekingalpha.com/symbol/BSX]) to 6K shares ($654K) from ~154K shares, and Taiwan Semiconductor (TSM [https://seekingalpha.com/symbol/TSM]) to 64K shares ($14.6M) from 174K shares, according to the filing. [https://www.sec.gov/Archives/edgar/data/1748240/000117266125003411/0001172661-25-003411-index.htm]

MORE ON ISHARES MSCI SOUTH KOREA ETF, NVIDIA, ETC.

* Nvidia: Take Most Of Your Profits Before Q2 Earnings [https://seekingalpha.com/article/4813123-nvidia-take-most-of-your-profits-before-q2-earnings]
* Beneath The AI Hype: Cracks Are Forming In Nvidia's Fortress [https://seekingalpha.com/article/4812733-beneath-the-ai-hype-cracks-are-forming-in-nvidia-fortress]
* EWY: Dividend Tax Reform Could Boost Payout Ratios [https://seekingalpha.com/article/4799507-ewy-dividend-tax-reform-could-boost-payout-ratios]
* Nvidia, AMD's China AI chip sales deal with US a bullish sign for AI related tech stocks: Wedbush [https://seekingalpha.com/news/4485293-nvidia-amds-china-ai-chip-sales-deal-with-us-a-bullish-sign-for-ai-related-tech-stocks-wedbush]
* AI chip startup Rivos pursues $500M funding round to design GPUs, challenge Nvidia: report [https://seekingalpha.com/news/4484823-ai-chip-startup-rivos-pursues-500m-funding-round-to-design-gpus-challenge-nvidia-report]