Soroban Capital exits AvalonBay, adds McDonald’s, decreases CSX, others in Q2
- Soroban Capital Partners added new positions in McDonalds (NYSE:MCD), VeriSign (NASDAQ:VRSN), Southern Co. (SO) and SBA Communications (SBAC) in Q2, according to the fund’s latest 13F filing.
- The hedge fund exited stakes in Mid-America (MAA), AvalonBay (AVB) and Equity Residential (EQR) in 2Q.
- Soroban added to positions in Microsoft (MSFT), Mastercard (MA) and Google (GOOGL) in the quarter ended June 30.
- The fund decreased its stakes in CSX, shedding 9.7 million shares, Union Pacific (NYSE:UNP) by 1.4 million shares and Exelon (EXC).