Yahoo Finance·2026-02-09 10:30Core Insights - Peter Thiel, a prominent tech investor with a net worth of approximately $24.6 billion, has a hedge fund portfolio that surprisingly includes only three AI stocks, excluding major players like Nvidia and Palantir [2]. Group 1: Tesla - Thiel reduced his hedge fund's position in Tesla by 76% in Q3 2025, yet it remains the largest holding in his portfolio [3]. - Thiel has expressed skepticism about Tesla CEO Elon Musk's focus on humanoid robots, which may have influenced his decision to sell a significant portion of Tesla stock [5]. - Thiel views self-driving technology as a significant innovation, and Tesla's extensive real-world autonomous driving data could provide a competitive edge [4]. Group 2: Microsoft - In Q3, Thiel acquired 49,000 shares of Microsoft, making it the second-largest holding in his hedge fund, representing around 34% of total holdings [6]. - This investment aligns with Thiel's belief that value shifts from "shovel sellers" like Nvidia to "builders" like Microsoft, which focuses on cloud services and AI integration [7]. - Thiel sold all stakes in Nvidia during Q3, indicating a strategic pivot towards companies that build rather than just supply technology [7].