Soros Fund Bearish on These Stocks in Q3 2011

Wall St. Watchdog reveals information regarding significant reduction in shares for Soros Fund Management’s holdings on the quarter ending September 30th, 2011. The firm is bearish on these stocks:

  • Liberty Media Interactive (NASDAQ:LINTA): On 06/30/2011, Soros Fund Management reported holding 1,819,900 shares. On 09/30/2011, Soros Fund Management reported holding 14,000 shares. The net reduction in shares for this position is 1,805,900 or 99.23%. About Company: Liberty Media Corp – Interactive is a tracking stock issued by Liberty Media Corporation to track the performance of the Interactive group. The Interactive groups interests include home and Internet shopping online travel.
  • Time Warner Cable Inc. (NYSE:TWC): On 06/30/2011, Soros Fund Management reported holding 743,031 shares. On 09/30/2011, Soros Fund Management reported holding 7,786 shares. The net reduction in shares for this position is 735,245 or 98.95%. About Company: Time Warner Cable Inc. offers cable television subscription services. The Company also offers Internet access and voice over Internet protocol telephone services.
  • Etrade Financial Corporation (NASDAQ:ETFC): On 06/30/2011, Soros Fund Management reported holding 719,500 shares. On 09/30/2011, Soros Fund Management reported holding 18,600 shares. The net reduction in shares for this position is 700,900 or 97.41%. About Company: E*TRADE Financial Corporation provides online brokerage and related products and services primarily to individual retail investors. The Company’s products and services include investor-focused banking, primarily sweep deposits and savings products, and asset gathering.
  • Wabash National Corp. (NYSE:WNC): On 06/30/2011, Soros Fund Management reported holding 750,000 shares. On 09/30/2011, Soros Fund Management reported holding 20,300 shares. The net reduction in shares for this position is 729,700 or 97.29%. About Company: Wabash National Corporation manufactures semi trailers in North America. The company specializes in the design and production of dry freight vans, refrigerated vans, flatbed trailers, drop deck trailers, dump trailers, truck bodies and intermodal equipment.
  • Sprint Nextel Corp. (NYSE:S): On 06/30/2011, Soros Fund Management reported holding 1,101,089 shares. On 09/30/2011, Soros Fund Management reported holding 32,100 shares. The net reduction in shares for this position is 1,068,989 or 97.08%. About Company: Sprint Nextel Corporation offers a range of wireless and wireline communications services to consumer, business, and government customers. The Company develops, engineers, and deploys various technologies, including two wireless networks offering mobile data services, instant national and international push-to-talk capabilities, and a global Tier 1 Internet backbone.

(Note: Data regarding Soros Fund Management’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>

More from The Cheat Sheet