Penn Virginia vs EPX

Soros Offloads Penn Virginia (PVA) Call Options, Adds Swaps

A 13D filing by Soros Fund Management reveals that George Soros’ beneficial ownership in Penn Virginia Corporation (NYSE:PVA) has fallen to 6,003,509 shares, amounting to an 8.40% stake in the oil and gas exploration company.

In late June Soros beneficially owned 6,253,509 shares, i.e. 9.53%, but this included call options on 250,000 shares of Virginia Corporation (NYSE:PVA), purchased by Soros . . .

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