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ReutersBOSTON (Reuters) - Billionaire investor George Soros' hedge fund reported holdings of $6.2 billion during the third quarter, an increase of $2 billion, after taking a stake in automaker Ford and boosting his holdings in communications services stocks.
According to a regulatory filing on Monday Soros Fund Management took a 7.3 million stake in Ford Motor Co during the third quarter that is valued at $53 million.
Soros also raised his holdings of AT&T to 4.2 million shares at the end of the third quarter, from 791,000, while he raised his stake in Verizon to 4.6 million shares, from 594,853 in the second quarter.
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