Billionaire Peter Thiel Shifts Portfolio from NVDA and TSLA to Apple (AAPL)
Billionaire investor Peter Thiel's hedge fund, Thiel Macro, executed a significant portfolio reallocation in Q3 2025, divesting from Nvidia (NVDA) and Tesla (TSLA) to accumulate Apple (AAPL) shares. The fund slashed its Tesla holdings from 272,000 to 65,000 shares and exited its 537,000-share Nvidia position entirely. This move signals a strategic pivot toward the iPhone maker despite its volatile 2025 performance, which saw a spring slump from tariff concerns followed by a fall rebound driven by strong product launches.
Analysts are bullish on AAPL's 2026 prospects, with Jeffries raising its price target to $283.36 after Morgan Stanley's upgrade. The stock's 10% annual gain appears sustainable as institutional confidence grows in Apple's ecosystem strength and innovation pipeline. Thiel's contrarian bet underscores the enduring appeal of cash-rich tech giants even amid AI and EV market frenzies.