Peter Thiel Exits Nvidia at Peak Valuation, Shifts Focus to Megacaps

Peter Thiel's recent 13F filings reveal a calculated retreat from Nvidia after its $5 trillion market cap milestone. The veteran investor liquidated his entire position in the AI darling, mirroring his historical pattern of exiting during market euphoria. His portfolio adjustments signal a broader strategic pivot.

While maintaining a reduced 76% stake in Tesla—still his largest holding—Thiel deployed over $45 million combined into Microsoft and Apple. This move into blue-chip tech suggests a defensive positioning amid uncertain markets. The EV giant's volatile performance—40% Q3 gains followed by 7% Q4 losses—highlights the contrarian nature of his bets.

Thiel's investment history since the 1990s demonstrates a consistent pattern: capital flows toward sectors where he anticipates power shifts. His current allocations to healthcare and absence from emerging markets reinforce this thesis. The market's surprise at his Nvidia exit overlooks his track record of selling when consensus turns reverential.