Google’s Big Gains Boost Mandel, Soros, Roberson, Steyer

Google’s Big Gains Boost Mandel, Soros, Roberson, Steyer
WDnetStudio / Pixabay

Today’s daily gainers are Google Inc (NASDAQ:GOOG), Baker Hughes Incorporated (NYSE:BHI), Yelp Inc (NYSE:YELP) and daily losers are Acacia Research Corp (NASDAQ:ACTG), SUPERVALU INC. (NYSE:SVU), Sarepta Therapeutics Inc (NASDAQ:SRPT).

Google's Big Gains Boost Mandel, Soros, Roberson, Steyer

Google is today’s top performing stock

Google Inc (NASDAQ:GOOG) is today’s top gainer. The tech company’s stock price got a +13.20% boost, surpassing the thousand-dollar mark to reach $1006.06. The reason: Google reported higher than expected Q3 earnings yesterday ($10.74 as opposed to the anticipated $10.37).

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Many of our billionaires have a position in Google Inc (NASDAQ:GOOG). Steve Mandel holds 942,000 shares (4.04% of his holdings), bought at $573.68 each. George Soros owns 397,000 shares, representing 3.79% of his portfolio and purchased at $696.07 per asset. Julian Robertson owns 27,000 shares (2.96% of his portfolio), which cost him $539.25. David Tepper’s got 165,000 shares (2.10% of his fund), paid for at $618.19 per share. And Thomas Steyer owns 103,000 shares (1.74% of his fund), having paid an average price of $575.89 each.

The second company with a major gain today is Baker Hughes Incorporated (NYSE:BHI), which is up +7.55% and is now trading at $55.69. This comes on the heels of the gas company’s report of a 22% rise in per-share earnings today. This news was well received by Richard Chilton, who holds 819,000 shares, corresponding to 1.01% of his fund. The investor has gained 22.51% in this position, having paid an average price of $45.29 per share. Another billionaire with stakes in this company is George Soros, who owns 819,000 shares, representing 0.11% of his holdings. Soros paid an average price of $45.72 per share, meaning a +21.37% gain.

Following Baker Hughes Inc. is Yelp Inc (NYSE:YELP), which increased today +7.50% to $73.99. This again is a reaction to a piece of news, this time around Yelp’s announcement that its earnings report will be issued on October 29th.