By Adam Spatacco
Publication Date: 2026-02-25 20:26:00
His latest SEC filing reveals that the venture capitalist’s hedge fund sold its entire stock portfolio last quarter.
Peter Thiel is a legendary businessman and Silicon Valley investor. In his early days, he boasted more of an entrepreneurial spirit — co-founding e-commerce staple PayPal alongside Elon Musk.
After minting a fortune from his PayPal exit, Thiel married his experience in start-ups with investing. The billionaire was the first outside investor in Facebook (now Meta Platforms) and also helped found data analytics darling Palantir Technologies.
With a resume that stacked, I think it’s fair to say that Thiel understands how to make money in the technology space. So investors may find it noteworthy that recent filings with the Securities and Exchange Commission (SEC) revealed the accomplished venture capitalist’s hedge fund, Thiel Macro, dumped its entire stock portfolio — which featured a handful of artificial intelligence (AI) stocks in particular.
Let’s dive into what may have prompted these moves and assess if smart investors should follow Thiel’s lead.
Image source: Nvidia.
Thiel has been selling stock like there’s no tomorrow
During the third quarter, Thiel Macro exited its positions in Nvidia (NVDA +1.44%) and Vistra while also trimming exposure to Tesla (TSLA +1.92%). The firm also initiated positions in Microsoft (MSFT +3.00%) and Apple (AAPL +0.75%).
During the fourth quarter, however, Thiel’s fund sold everything — liquidating all three of its…