By list.metadata.agency
Publication Date: 2025-11-14 19:57:00
(Bloomberg) — Investment firms for the world’s super-rich were divided over their stance on Oracle Corp. divided as shares of the US software giant posted their biggest rise in more than three decades, briefly making CEO Larry Ellison the richest person in the world.
Two family offices of Sweden’s Rausing dynasty and another manager who manages some of Microsoft Corp. co-founder Paul Allen’s fortune increased their stakes in Ellison’s software company in the three months ended Sept. 30, according to 13F regulatory filings.
During the same period, the investment firms of hedge fund billionaire David Tepper and duty-free shopping tycoon Alan Parker reduced their Oracle positions, with Tepper’s Appaloosa LP selling its entire stake, valued at $32.8 million as of September 30.
The moves came in the same quarter as Oracle’s biggest one-day stock rise since 1992, after the Austin-based company gave an aggressive outlook for its cloud business, solidifying software…
