Family Offices Bet on Struggling Stocks Amid Tech Rally
Update: 2025-11-20
Description
Family offices, including Appaloosa and Soros Fund Management, made strategic moves last quarter, selling high-flying tech stocks and investing in struggling consumer companies. Appaloosa sold off Oracle, Meta, and Intel, while increasing holdings in Whirlpool and Goodyear Tire and Rubber. Carl Icahns family office also boosted its stake in International Flavors and Fragrances. Despite the tech sell-off, some family offices, like Soros Fund Management, continued to invest in tech giants like Apple and Amazon.
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