AustralianSuper Fund Update: Key Stock Moves Disclosed

AustralianSuper Pty Ltd has disclosed its portfolio updates. Significant moves include a notable decrease in shares for $MSFT, $GOOGL, and $TSLA, while $NVDA and $AAPL have seen substantial additions. These changes could impact stock valuations significantly.

Date: 31-01-2025

AI Rating: 5

Stock Holdings Overview

The report details substantial adjustments made by AustralianSuper Pty Ltd in its investment portfolio as of December 31, 2024. These changes reflect investor sentiment and shifts in market positioning.

The most notable decrease was in Microsoft ($MSFT), with a reduction of 1,226,475 shares, translating to a loss of approximate value of $516,959,212. This is a -23% decrease compared to their previous holding. Such a large divestment could negatively impact $MSFT's stock price as it may signal a lack of confidence from a significant institutional investor.

Similarly, Google ($GOOGL) saw a reduction of 1,956,504 shares valued at $370,366,207 (-26% decrease). This divestment similarly creates a bearish sentiment regarding $GOOGL's market outlook.

On a more positive note, there were significant additions to holdings in Nvidia ($NVDA), with an increase of 2,415,623 shares worth $324,394,013, which is an increase of 44%. This could indicate strong market conviction in $NVDA's future potential, possibly driving stock prices higher.

Apple ($AAPL) also gained shares—1,264,387 shares valued at $316,627,793, an increase of 27%. This uptick may reflect positive investor sentiment and expectations regarding $AAPL, likely supporting a bullish outlook on its stock price.

Notably, $TSLA saw an extreme reduction with -802,376 shares, representing a staggering 99% decrease, amounting to $324,031,524. Such a drastic cut may lead to significant volatility and negative sentiment surrounding Tesla's stock.

Lastly, McDonald's ($MCD) was completely divested, as reflected by the 762,139 shares sold. This move could lead to speculation regarding the expected performance of $MCD in the market.

Overall, the adjustments in this portfolio suggest mixed signals across various sectors, and could lead to stock price fluctuations for these major companies.

Stocks: MSFT GOOGL NVDA TSLA AAPL MCD