The Smartest Money on Earth Sold $8B in Microsoft and Cut Nvidia 93% in Q1
Blocknow: Be ready. Be informed
Prominent hedge funds significantly reduced positions in major AI stocks like Microsoft and Nvidia during Q1, raising concerns about potential market bubbles.Summary
First-quarter 13F filings reveal that major investors, including TCI Fund's Chris Hohn and Third Point's Daniel Loeb, have significantly scaled back their exposure to AI-heavy tech stocks. Chris Hohn sold $8 billion in Microsoft, while Daniel Loeb cut his Nvidia stake by 93%. Meanwhile, Ray Dalio warns that current market indicators show an 80% similarity to the conditions preceding the 1929 crash and the 2000 dot-com bubble. While some investors remain cautious due to valuation and concentration risks, others like Bill Ackman continue to find value in Microsoft’s infrastructure and enterprise software position.
(Source：Blocknow: Be ready. Be informed)