Some money managers and family offices for the ultra rich like Mark Zuckerberg dumped tech stocks just before the sector's big rally that kicked off 2023
Certain money manager and family offices for the ultra wealthy sold tech stocks just before the sector's 2023 rally, per recent regulatory filings.
ICONIQ Capital, a wealth management office that serves clients like Mark Zuckerberg, Jack Dorsey and former Meta Platforms COO Sheryl Sandberg, offloaded shares of cloud computing-based data company Snowflake, which has since surged over 26% year-t0-date.
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