‘Superinvestors’, or the top ten private investors ranked by portfolio size, are aggressively buying into technology names as they seek to capitalise on disruption from the pandemic, according to new research published by HNWI platform Pitchboard.
In its research, Pitchboard assessed the portfolios behind some of the biggest names in investment. These included Warren Buffett, Terry Smith and Carl Icahn, as well as Bill and Melinda Gates' Foundation Trust. Though financial names still account for the largest average percentage of these superinvestors' total shares (32.9%), technology stocks were the most valuable at $217.4bn. This was compared to the total value of these superinvestors' stake in financials at $148bn. The technology sector has rallied during the pandemic as people have increasingly had to rely on digital solution...
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