US EditionPeter Thiel's Fund Offloaded Nvidia Stake in Third Quarter, Filing Shows
Thiel Macro LLC sold 537,742 Nvidia shares worth about $100 million by September 30 amid AI bubble concerns and continued broader investor caution.
- On September 30, filings show Thiel Macro LLC sold its entire Nvidia stake, disposing of around 537,742 shares during the July‑September quarter.
- Thiel's sale came amid Wall Street angst about an AI‑fuelled valuation bubble and followed SoftBank's own Nvidia divestment last week.
- Valuation data show Nvidia became the first company to pass the $5 trillion milestone last month, with Thiel's Nvidia position valued about $85 million at end‑Q2 and about $100 million at Sept. 30.
- All eyes turn to Nvidia's third-quarter earnings report on Nov. 19 as investors and analysts scrutinize results to dispel bubble worries amid recent high-profile sales.
- Thiel's filings also show the fund now mainly holds Apple, Microsoft and a reduced Tesla stake after selling 208,747 Vista Corp shares, cutting its equity book to $74.4 million from $212 million.
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Two Big Investors Just Offloaded All Their NVIDIA Shares
NVIDIA is, by far, the most valuable company in the world. It has the world’s (as of yet) unquenchable thirst for AI to thank for that. Its chips underpin much of the extremely complicated, advanced hardware that runs AI. But Softbank, a major investment firm that trades primarily in tech companies, sold off all 32.1 million shares of NVIDIA stock it held last week, netting itself $5.83 billion. Then on Monday, November 17, Peter Thiel’s hedge f…
The founder of Paypal and Palantir Peter Thiel sold more than 500,000 shares in one shot. ...
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Peter Thiel's fund offloaded Nvidia stake in third quarter, filing shows
Tech billionaire Peter Thiel's hedge fund has sold off its entire stake in Nvidia during the third quarter, a regulatory filing showed, intensifying worries of an artificial intelligence bubble.The fund, Thiel Macro, sold around 537,742 shares in the AI chip frontrunner in the quarter, the filing showed on Fr
Peter Thiel's fund joins SoftBank in offloading Nvidia shares
Peter ThielNordin Catic/Getty Images for The Cambridge UnionPeter Thiel's hedge fund sold its entire Nvidia stake in the third quarter.The sale followed SoftBank's offloading of Nvidia in Q3, amid concerns of an AI bubble in the market.Nvidia remains the world's most valuable company, driven by demand for AI chips and technology.Peter Thiel's hedge fund sold its entire stake in Nvidia in the third quarter, according to a 13F filing.Thiel Macro L…
SoftBank Just Unloaded Its Stake in Nvidia for $5.8 Billion Right Before the Chip King Is Scheduled to Report Earnings. Does Its Billionaire CEO Masayoshi Son Know Something the Rest of Wall Street Doesn't?
Key PointsRecent filings reveal that SoftBank sold its Nvidia stake for $5.8 billion.Nvidia is scheduled to report earnings on Nov. 19.While the timing of the sale is curious, there are some important variables to consider that pertain to SoftBank's other artificial intelligence (AI) investments.10 stocks we like better than Nvidia › Given the unprecedented level of demand Nvidia (NASDAQ: NVDA) continues to witness from data centers for its grap…
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