Leon Cooperman.
Scott Mullin | CNBC
A version of this article first appeared in CNBC’s Inside Wealth newsletter by Robert Frank, a weekly guide for high-net-worth investors and consumers. Sign up to receive future editions directly to your inbox.
Ultra-high-net-worth private investment firms ended 2025 with investments in stocks ranging from airline stocks to Bitcoin ETFs, according to fourth-quarter securities reports analyzed by CNBC.
Some investments made headlines. For example, Omega Advisors, the family office of Leon Cooperman, made headlines last week when it announced it had increased its stake in the company. manchester united last quarter. The listed English soccer club’s shares in Omega Advisors are currently worth $46.5 million, according to InsiderScore.
(Manchester fans fearing a takeover by a hedge fund billionaire will be relieved; a separate filing disclosing Mr Cooperman’s 5.2% stake in the club says his holding is a passive investment.)
Less talked about, Omega Advisors’ biggest move last quarter was buying more than $375 million worth of mortgage company stock. rocket company. This new position is now the company’s largest holding, worth about $407 million, according to InsiderScore.
Several other moves by billionaire companies are already paying off. David Tepper’s family office Appaloosa triples in status micron It reached $428.1 million, making it the company’s highest holding. Shares of Micron, which makes memory chips that power artificial intelligence data centers, have risen about 50% since the beginning of 2026. During the same quarter, Stanley Druckenmiller’s Duquesne Family Office took on a new role at the fuel cell company. bloom energyup more than 100% year-to-date.
So far this year, bets on cryptocurrencies haven’t paid off all that well. WIT LLC, the Walton family’s namesake family office investment vehicle, has allocated $4 million to the following companies: iShares Bitcoin Trust ETFIt has fallen 21% since the beginning of the year. This new position represents less than 1% of WIT’s portfolio. Kemnay Advisory Services, led by tax-free king Alan Parker, has increased its stake. coinbase It was up about 44% last quarter. Coinbase stock has fallen 18% since the beginning of the year.
Last quarter’s filings highlighted differences in the approaches of major investors regarding the Mag7 deal. For example, Duquesne increased its investment. Amazon Its holdings decreased by 69% to approximately $170 million, and it exited the property. Meta position. Meanwhile, the billionaire Rausing family’s investment firm Longbow SA has reduced its position in Amazon. Nvidia, microsoft, apple, alphabet and meta.
Ray Dalio, who has repeatedly warned for months about the possibility of an AI bubble and capital war, has taken a surprising approach, according to Dalio’s latest filing with Marino Management. The company disclosed a $438.5 million position. SPDR Gold Trust This accounts for nearly 90% of the portfolio.
“I think people are wrong to think this way. [gold] “Rather, central banks, governments and sovereign wealth funds should be asking, ‘What percentage of my portfolio should be in gold?'” Dalio told CNBC in early February. [and] Keep it a constant percentage as it is a very effective diversifier against other poorer parts of your portfolio. ”
