PROVIDENCE, Rhode Island, Feb 17 (GeokHub) — Leading hedge funds and investment firms have scaled back positions in some of the biggest names in artificial intelligence, including Nvidia, Amazon, Microsoft, and Meta, signaling caution over soaring valuations and massive AI-related spending.
According to recent U.S. Securities and Exchange Commission (SEC) 13-F filings, Tiger Global Management reduced its Microsoft holdings from 6.5 million shares to 5.47 million, maintaining a $2.6 billion stake. The hedge fund also trimmed Amazon by 9.35% to 10 million shares and reduced its Nvidia position to $2.1 billion.
Similarly, Adage Capital Partners made modest cuts of 1% to 3% in Microsoft, Alphabet, Amazon, and Nvidia, while boosting its Oracle holdings by 19%, totaling about $365 million. Other hedge funds, including D.E. Shaw, also pared stakes in Nvidia, Micron, and Meta, even as they added shares in Amazon and AMD.
SoftBank Exits Nvidia
Separately, SoftBank Group disclosed that it fully dissolved its stake in Nvidia last October, a move first revealed in November. The sale was part of SoftBank’s strategy to free up capital for investments in OpenAI and other AI ventures. Following the disclosure, Nvidia’s stock has fallen roughly 7%.
