George Soros Increases Stake In Penn Virginia To 9.18 Percent

Soros Fund Management LLC, the hedge fund headed by billionaire investor George Soros, increased its stake in Penn Virginia Corporation (NYSE:PVA) to 6,003,509 shares or 9.18% based on its latest 13D filed with the Securities and Exchange Commission (SEC) on Wednesday, March 12th. The hedge fund held 5,829,845 shares of Penn Virginia Corporation (NYSE:PVA) based on its 13F filing in the fourth quarter of 2013. Soros Fund Management’s new regulatory filing showed that it sold 165,006 shares of Penn Virginia Corporation (NYSE:PVA) for $11.91 per share on January 29. The hedge fund purchased 20,000 shares in the company for $13.10…