Soros Starts Out Strong with Gains from JinkoSolar and Lumos

Today’s midday gainer are JinkoSolar Holding Co., Ltd. (NYSE:JKS), Lumos Networks Corp (NASDAQ:LMOS), ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS), BioFuel Energy Corp. (NASDAQ:BIOF), SUPERVALU INC. (NYSE:SVU), Dex Media Inc (NASDAQ:DXM).

Soros Starts Out Strong with Gains from JinkoSolar and Lumos

Soros gets a double win with JinkoSolar and Lumos

Today’s midday gainer is JinkoSolar Holding Co., Ltd. (NYSE:JKS). The company, a producer of photovoltaic products in China and internationally, shot up +15.36% ($34.03) after presenting a better-than-expected Q3 earnings report. According to his last 13F filing, billionaire George Soros holds 121,000 shares (0.03% of his fund) acquired at $15.77 last quarter.

Lumos Networks Corp. (NASDAQ:LMOS) had a strong performance today as well. The provider of fiber-based network services is up +9.20%, reaching $22.19. With 26,000 shares, LMOS represents 0.06% of Soros’ portfolio. This is another hit for the billionaire, who start the position last quarter.

Last up is ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS). The tech stock climbed +8.14% to $19.00 when the company presented a favorable Q3 earnings report. Investor Seth Klarman purchased 2.7 million shares (1.69% of his fund) for $16.17 each last quarter.

Midday Losers

Topping off our midday losers list is BioFuel Energy Corp. (NASDAQ:BIOF). The energy company dropped -8.33% to $2.20. Billionaire Daniel Loeb holds more than one million BIOF shares (0.10% of his fund). The investor paid an average price of $2.57 per asset. David Einhorn has BIOF stakes as well. The stockholder owns 1.4 million shares, representing 0.09% of his portfolio. Einhorn paid $19.02 per share.

Following BioFuel Energy Corp. is SUPERVALU INC. (NYSE:SVU). The wholesale distributor is down -8.14% and now trading at $6.32 after Goldman Sachs downgraded it to the “sell” category. As of June, Leon Cooperman holds 7.4 million shares (0.63% of his fund) acquired for $3.96 per share.

Last up on our list of midday gainers this Monday is Dex Media Inc (NASDAQ:DXM). The marketing company dipped -5.84% to $4.84 today. Billionaire John Paulson bought 2.2 million shares for $16.64 during last quarter. This position represents 0.12% of Paulson’s holdings.

For exclusive info on hedge funds and the latest news from value investing world at only a few dollars a month check out ValueWalk Premium right here.

Multiple people interested? Check out our new corporate plan right here (We are currently offering a major discount)






About the Author

iBillionaire
iBillionaire provides access to the investment data and strategies of the world's most successful self-made billionaires. Mobile app available for iOS and Android. Maker of the iBillionaire Index (IBLN). More at www.iBillionaire.me.

Be the first to comment on "Soros Starts Out Strong with Gains from JinkoSolar and Lumos"

Leave a comment