Overview
- Thiel Macro’s 13F shows it sold all 537,742 Nvidia shares in Q3, a stake worth about $100 million at the Sept. 30 close.
- The fund’s disclosed U.S. equity holdings fell to roughly $74.4 million from about $212 million in Q2.
- New or larger positions include 79,181 Apple shares and 49,000 Microsoft shares, while Tesla was cut to 65,000 shares and Vistra was exited.
- The disclosure follows SoftBank’s October sale of its entire Nvidia stake for roughly $5.8 billion, reinforcing debate over stretched AI valuations.
- Filings point to mixed hedge fund positioning on Nvidia (161 increased stakes, 160 reduced) as the stock is little changed since Sept. 30 and Wall Street expects strong results this week.