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George Soros Continues His Trend of Betting Against the Market

George Soros Continues His Trend of Betting Against the Market

Legendary billionaire investor George Soros has continued his trend of losing bets in the first quarter of 2017.

SEC filings have revealed that George Soros held 3.3 million shares of the iShares Russell 200 exchange-traded fund at the end of Q1, an increase of 36% from the previous quarter, and 1.3 million shares in SPDR S&P 500, up by 162%. 

One of George Soros' most disappointing bets from this quarter was on Snap inc, a company that has lost 15% of its value since its IPO in March.

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This article was written by a staff member of TheStreet.