Ultra-Wealthy Family Offices Shift Major Investments

Private investment firms of ultra-wealthy individuals disclosed fourth-quarter 2025 equity trades showing diverse bets, CNBC analysis found. Moves included Omega Advisors buying $375 million of Rocket Companies and increasing a $46.5 million Manchester United stake, Appaloosa tripling Micron to $428.1 million, and Marino Management holding $438.5 million in SPDR Gold Trust. The filings reveal varied sector allocations and risk stances into 2026.