Tesla fund makes surprise Microsoft bet, keeps Nvidia stake

What happened

Nightview Fund added Microsoft and Hyatt Hotels in the third quarter of 2026, while selling its entire stakes in Autodesk, Las Vegas Sands and Brookfield Renewable. Tesla remained its largest investment at about 11% of the portfolio, and Nvidia remained a large stake at about 10%.

Confirmed

Global impact / market context

The new holdings broaden Nightview’s exposure beyond its existing large technology positions: Microsoft operates in software, cloud computing and artificial intelligence, while Hyatt adds hotels. Selling the other holdings reduces exposure to design software, casinos and renewable energy, but the filing gives no reasons for the changes.

Analyst inference

The fund’s reported holdings changes do not reveal its reasons or the sizes of the new Microsoft and Hyatt positions. Tesla and Nvidia remained major investments, so changes to either stake could affect how concentrated the portfolio is and its exposure to technology.

Analyst inference

What to watch

1. Nightview’s next quarterly holdings filing could show whether it adds to or reduces its Microsoft and Hyatt positions; their current stake sizes were not disclosed. Analyst inference
2. The next filing may reveal whether Tesla and Nvidia remain large positions, a change that would affect how concentrated the fund is in those two stocks. Analyst inference
3. The article confirms the sales of Autodesk, Las Vegas Sands and Brookfield Renewable, but gives no reasons; later filings could show whether those holdings return. Analyst inference

Evidence

• gurufocus.com