Legendary investor Thiel's big moves in Q3: close all positions in Nvidia and TSL, turn to buy Apple and Microsoft.

PayPal and Palantir founder Peter Thiel's recent portfolio adjustments have sparked heated discussions.

According to the Q3 financial report, Thiel's fund made two major investments:

Sell List

• Liquidated 538,000 shares of Nvidia (NVDA), cashing out approximately 94 million USD.
• Significantly reduced holdings of Tesla (TSLA) by 208,000 shares, selling approximately 72 million dollars.

Buy List

• Added 49,000 shares of Microsoft (MSFT), with a cost of approximately $2.5 billion
• Added 79,000 shares of Apple (AAPL) at a cost of approximately $1.8 billion

How to calculate this account? Two sales only brought in $4.3 billion in purchases, which means Thiel is holding a large amount of cash — he is clearly reducing risks and making defensive adjustments.

The most controversial move is selling Nvidia to buy Apple. Nvidia's revenue is experiencing explosive year-on-year growth, with demand for data centers continuously being released; meanwhile, Apple's growth is less than 10%, yet their valuations are quite similar. From a growth perspective, selling NVDA is somewhat perplexing — but Thiel's history of success speaks for itself, and he may be reserving ammunition for a larger investment.

Market Insight: Even top investors can have differing judgments. That's why you need to do your own homework.