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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Peter Thiel's Fund Sells Tesla, Entire Nvidia Stake for Apple and Microsoft Shares in Q3

Peter Thiel co-founded PayPal and was an early investor in Facebook. (Credit: Gage Skidmore/Flickr)

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.

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