Soros Fund Management ups Goldman stake, buys Snap shares in first quarter

May 15, 2017 By Jennifer Ablan NEW YORK (Reuters) – Soros Fund Management LLC, founded by billionaire investor George Soros, boosted the firm’s share stake in Goldman Sachs Group Inc by nearly 40 percent during the first quarter and also purchased shares in Snap Inc, parent of the wildly popular Snapchat messaging app, during the first three months of the year, regulatory filings on Monday showed. Soros increased its stake in Goldman Sachs to 86,800 shares, as financials came under severe selling pressure during the first quarter. It purchased a…

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