Billionaire investor Peter Thiel has exited his entire Nvidia (NASDAQ: NVDA) position, according to a newly filed Q3 2025 13F from his hedge fund Thiel Macro LLC.
The filing shows the fund sold all 537,742 NVDA shares, a stake worth more than $100 million, marking one of the fund’s most notable repositionings of the year.
The liquidation slashed Thiel Macro’s U.S. equity exposure from $212 million to $74.4 million, reflecting a broad risk reduction across the portfolio. Nvidia previously accounted for 40% of the firm’s holdings, making the full exit a significant strategic shift.
Alongside the sale, the fund reduced its Tesla position by 76%, while adding exposure to Apple and Microsoft, signaling a rotation into more defensive mega-cap names.
Big investors take profits on Nvidia
Thiel’s move places him among a growing group of high-profile investors taking profits after Nvidia’s remarkable year. The stock has climbed more than 150% year-to-date, fueled by surging demand for its Blackwell and GB300 Ultra AI accelerators, record data center revenue, and expanding hyperscaler spending.
His decision parallels actions by Michael Burry, who has disclosed bearish bets against Nvidia and Palantir, and SoftBank, which sold its entire $5.83 billion Nvidia position earlier in the week to fund new AI ventures. The trend suggests that several large investors may be locking in gains ahead of Nvidia’s next earnings cycle and rising competition in the AI chip market.
Thiel Macro’s exit arrives just days before Nvidia reports Q3 2025 earnings on November 19, with Wall Street expecting one of the strongest quarters in the company’s history. Analysts from Morgan Stanley, Wells Fargo, and Oppenheimer have raised their price targets this week, projecting revenues between $50 billion and $60 billion as demand for AI infrastructure continues to grow.
However, the cluster of high-profile exits also signals that some institutional investors view Nvidia’s rapid appreciation as a short-term overheating risk.
Source: https://finbold.com/billionaire-hedge-fund-manager-dumps-over-100-million-in-nvidia-stock/
