Thiel Macro
LOS ANGELES, CAfiles as Thiel Macro LLC
$419m in 8 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money.
Value
$419m
Stocks
8
Top 10 share
100.0%
Turnover
n/a
What changed this quarter
New
Bought for the first time this quarter.
- Amazon.comAMZN28.2% of the fund
- Vista Energy S.A.B. de C.V.VIST18.1% of the fund
- VistraVST14.1% of the fund
- American Electric PowerAEP10.1% of the fund
- DTE EnergyDTE9.6% of the fund
- FirstenergyFE9.5% of the fund
- CMS EnergyCMS9.4% of the fund
- X-EnergyXE0.9% of the fund
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
None this quarter.
Sold out
Sold their entire stake.
None this quarter.
Holdings
- Vista Energy S.A.B. de C.V.VIST
- Share
- 18.1%
- Value
- $76m
- Shares
- 1,189,792
New
- X-EnergyXE
- Share
- 0.9%
- Value
- $4m
- Shares
- 200,000
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Amazon.comAMZN | 28.2% | $118m | 495,000 | New |
| Vista Energy S.A.B. de C.V.VIST | 18.1% | $76m | 1,189,792 | New |
| VistraVST | 14.1% | $59m | 372,755 | New |
| American Electric PowerAEP | 10.1% | $42m | 308,617 | New |
| DTE EnergyDTE | 9.6% | $40m | 264,450 | New |
| FirstenergyFE | 9.5% | $40m | 839,319 | New |
| CMS EnergyCMS | 9.4% | $40m | 517,124 | New |
| X-EnergyXE | 0.9% | $4m | 200,000 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 97.5% since 30 June 2025.
Where the money is
Utilities52.8%
Retail & consumer28.2%
Industrials0.9%
Other18.1%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.