FlowBank

1254 days ago • Posted by Charles-Henry Monchau

SoftBank doubled up Tech stock holdings to $20 billion

Despite SoftBank losing about $9 billion in market value at the time the "Nasdaq Whale" story was revealed, Masa Son literally doubled down its exposure to Tech stocks.  In its public filings, SoftBank disclosed holdings of "only" $3.9 billion in stocks such high beta tech names as Amazon, Alphabet NVidia and Netflix. However, it has since bought a lot more stocks. Curiously, according to Bloomberg, while focusing on major tech stocks, SoftBank has also been expanding to smaller companies. Last week, it invested $215 million in Norway-based Kahoot, which makes education software - source: Bloomberg, www.zerohedge.com 

#Stocks
Softbank public filings
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