
Billionaire venture capitalist Peter Thiel, known for co-founding PayPal and Palantir Technologies, and an early investor in Facebook (now Meta), has made significant moves in his investment portfolio during the third quarter.
According to a 13F filing with the US Securities and Exchange Commission, Thiel's fund was a net seller in Q3, completely offloading shares of Nvidia and heavily reducing its stake in Tesla. Conversely, the fund increased holdings in Microsoft and Apple, signalling a strategic pivot rather than a bearish stance on tech.