Oracle's Historic Stock Rally Creates Investor Divide
In a dramatic quarter that saw Oracle Corporation experience its most significant stock surge in over three decades, investment firms managing fortunes for the world's wealthiest individuals took sharply contrasting positions on the software giant. The divergence occurred during the three months ending September 30, as revealed through mandatory regulatory filings.
Billionaire Families Bet Big on Oracle
Two prominent family offices representing Sweden's Rausing dynasty decided to increase their stakes in Larry Ellison's software company during this period of exceptional growth. Similarly, another investment firm overseeing a portion of Microsoft co-founder Paul Allen's substantial fortune also boosted its position in Oracle.
These bullish moves came as Oracle delivered an aggressive outlook for its cloud business, triggering the company's largest single-day stock gain since 1992. The Austin-based software maker firmly established its position in the competitive race to support the exploding demand for artificial intelligence computing infrastructure.
Tepper and Parker Reduce Oracle Exposure
While some ultra-wealthy investors were increasing their Oracle holdings, others were moving in the opposite direction. Hedge fund billionaire David Tepper's Appaloosa LP completely exited its position in Oracle, selling off its entire stake valued at $32.8 million as of September 30.
Similarly, the investment firm of duty-free shopping magnate Alan Parker also reduced its Oracle positions during the same quarter. This contrasting investment behavior highlights the different risk appetites and strategic outlooks among the world's most sophisticated money managers.
Ellison's Historic Wealth Surge and Subsequent Decline
The spectacular stock performance had immediate consequences for Oracle's leadership. Chairman Larry Ellison saw his personal wealth skyrocket by $89 billion following the company's results that significantly exceeded analyst expectations.
This monumental increase marked the largest single-day wealth jump ever recorded in the history of the Bloomberg Billionaires Index, briefly positioning Ellison as the richest person in the world. However, the celebration proved temporary as Oracle's shares have since declined by approximately 30% from their peak.
The investment moves were documented through 13F regulatory filings, which require money managers overseeing more than $100 million in US equities to disclose their stock holdings within 45 days after each quarter ends. These filings provide rare insight into how hedge funds and major family offices are positioning their portfolios amid market volatility.
The Oracle investment story underscores the high-stakes nature of the artificial intelligence computing race, where cloud infrastructure providers are competing fiercely to capture market share in this rapidly expanding sector.
