softbank Shifts portfolio, โฃIncreases Bets on Intel and KE Holdings While Trimming Techโฃ giants
NEW YORK – softbank โInvestment Advisers made notable adjustmentsโ to itsโฃ U.S. โฃequity portfolio in the first quarter, increasingโ its stakes in Intel andโ KE Holdings while reducing holdings in several prominent technology companies, according to a Form 13Fโ filing with the Securities and Exchange Commission. The movesโ signal a strategic recalibrationโ by the tech investment giantโฃ amid ongoing market volatility and shifting sector dynamics.
The โinvestment firm notably added 8 millionโ shares of Intel (INTC) and 1.5 million shares of KE Holdings (BEKE). Concurrently, SoftBank decreased itsโ positions โinโ Alibabaโ (BABA), โamazon (AMZN), Alphabet (GOOG), Metaโฃ (META),โ Microsoft (MSFT), Pinduoduo (PDD),โฃ and JD.com (JD). These adjustments reflect a broader trend of investors reassessing their exposure to โคhigh-growth โtechnology stocks and exploring opportunities inโค other sectors.
The โฃfiling reveals SoftBank also established a new position inโค Oracle (ORCL), acquiring 150,000 shares. While โtheโค preciseโ reasoning behind theseโ shifts remains undisclosed, analysts suggest the increasedโ investment in Intel could be tied to the chipmaker’sโ efforts to regain โขmarket share and capitalize on government incentives โฃfor domesticโ semiconductor manufacturing. The addition of KE Holdings, a Chinese online real estate platform, indicates โcontinued interest in the Asianโค market despite recent economic headwinds.
The reduction โฃin holdings โขacross major tech names-Alibaba, Amazon, Alphabet, Meta,โ microsoft, โขPinduoduo, and JD.com-suggests SoftBank may โbe taking profits โฃor reallocating โcapital to areas โwith perhaps higher returns. The scale of these adjustments underscoresโฃ the firm’s active management approach and its willingness โฃto โadapt its portfolio to evolving market conditions.