Family offices portfolio tracker shows big shift to stocks

Family offices making the biggest move in years to add to their stock holdings. Stocks grew from 34% to 37% of family office portfolios in the second quarter. That is a big shift for investors who rarely deviate from their long-term allocations.All of this according to the CNBC family office portfolio tracker that is powered by Adipar, the foundational data and AI platform. Now, their top stocks are all in big tech and they largely mirror the market cap weighted index. So that's Microsoft, Amazon, Alphabet, ...