Super Investors Stick with Big Tech Amid AI Concerns

The world of super investors is always fascinating to watch. One way for retail investors to learn from them is by examining their 13F filings, which provide insight into where they're placing their bets.

Despite concerns about a potential AI/dot-com bubble, the top super investors didn't shy away from big tech in the second quarter. In fact, five of the Magnificent Seven, Microsoft (MSFT), Amazon, Alphabet (GOOGL), Meta, and NVIDIA (NVDA), made it into the top ten most widely held stocks among them.

Microsoft managed to hold off a challenge from Alphabet, with 36 super investors now holding the latter. However, there was some interesting buying activity at Alphabet. Warren Buffett, known for his preference for 'slow moving moats', invested over $15 billion in the company as it sold shares to fund its AI ambitions.

The super investors also showed their support for asset-light businesses like Visa (V) and S&P Global (SPGI), which have delivered strong returns over the past decade. Walt Disney (DIS), however, has been struggling with a five-year share price performance that's been lackluster at best.