Overview
- Peter Thiel’s hedge fund disclosed in a 13F that it sold 537,742 Nvidia shares in the third quarter, a stake worth about $100 million at the Sept. 30 close.
- The fund’s top positions now include Apple and Microsoft, with a reduced Tesla holding, according to the same filing.
- SoftBank sold its entire Nvidia stake in October for roughly $5.83 billion to help fund other AI investments, adding to the string of notable exits.
- Michael Burry’s Scion Asset Management reported put options on Nvidia and Palantir, positions that would gain if the stocks decline.
- Nvidia’s roughly $5 trillion market value and central role in AI place added weight on this week’s earnings as investors gauge the durability of recent moves.