Masayoshi Son’s new calculation: quietly buying $ 3.9 billion of shares of 25 largest technology companies in the world, including Amazon, Tesla

According to a Bloomberg survey, over the past several months, Masayoshi Son’s Softbank group has quietly invested about $ 3.9 billion in 25 of the world’s largest technology companies, including Amazon, Tesla, Netflix and Alphabet.

Specifically, the Japanese tech giant owns $ 1.04 billion of Amazon shares – its biggest investment, $ 475 million in Alphabet shares, $ 248.6 million in Adobe and $ 189 million in Netflix. Their stake in Tesla is worth $ 122.9 million as of June 30.

The above information clearly shows that founder Masayoshi Son is expanding Softbank’s investment activities from private startups to listed companies at a time when shares of major tech firms were at record high. most of all time. He revealed the new asset management branch at its earnings call last week, saying it was an “expansion bet” on revolutionary technologies. The Japanese company is currently aiming to invest more than $ 10 billion in traded shares.

Filing with the US Securities and Exchange Commission shows that Softbank also owns $ 183 million in shares in Microsoft, $ 111.5 million in PayPal and $ 108.8 million in Zoon. Also on the list are a host of other Chinese companies such as streaming giants Bilibili and iQiyi as well as Singapore’s Sea group. However, although billionaire Son says Softbank has invested in Facebook and Apple – those companies are not on the list of publicly available documents.

Softbank has recorded a few victories with publicly traded shares over the years. They reaped profits from investments in Charter Communication in early 2018 and chipmaker Nvidia. The latest filing shows that Softbank has a stake worth $ 180.9 million in Nvidia.

Softbank’s new asset management team is led by Akshay Naheta, a former senior vice president in Abu Dhabi. The conglomerate is said to have quietly bought stakes worth billions of dollars in America’s largest technology companies in recent months.

“As an investment company, we need to expand many different portfolios. However, our focus remains on companies that are moving towards the information revolution. This is Softbank’s goal,” said Masayoshi Son. in the most recent business results report.

Recently, the billionaire who eats a lot of Masayoshi Son has received the good news after a period of decline. Last week, Softbank reported a net profit of 1.25 trillion yen ($ 11.8 billion) in the April-June quarter of the year thanks to the merger and sale of shares at the mobile carrier. America is Sprint. The aforementioned moves helped the company return to profit after experiencing the previous quarter recording the heaviest loss in history.

The well-changed investments of the $ 100 billion Vision Fund also made a big contribution to this achievement. This is considered a “wind reversal” situation quickly because only in May, Vision Fund reported a loss of 17.7 billion USD in Q1.