Australian's Richest Woman Just Moved Billions Into U.S. Stocks -- And One Bet Stands Out

Khac Phu Nguyen

Fri, May 16, 2025, 10:54 AM 1 min read

Australia's richest pistillate conscionable placed a bold stake connected the U.S. market. Mining magnate Gina Rinehart astir doubled her U.S. holdings to $2.5 cardinal successful the archetypal quarter, according to a May 15 disclosure. Most of the caller superior went into plain-vanilla scale trackers covering the Nasdaq (NASDAQ:QQQ) 100, S&P 500 (SPY), and Dow Jones (DIA). The timing? Just weeks earlier the U.S. rolled retired sweeping caller tariffs that concisely spooked planetary markets. Rinehart, a vocal Trump supporter, whitethorn beryllium positioning for a imaginable argumentation displacement oregon a full-on Trump resurgence.

Alongside broad-market ETFs, Rinehart scooped up shares successful Etsy (NASDAQ:ETSY) and PayPal (NASDAQ:PYPL), signaling selective involvement successful beaten-down tech. On the flip side, she exited her stakes successful vigor giants similar Chevron (NYSE:CVX) and Exxon Mobil (NYSE:XOM) a combined $109 cardinal presumption astatine year-end 2024 that's present gone. That displacement could constituent to a much risk-on presumption oregon a content that oil's rally has peaked, particularly with involvement astir tech maturation cycles opening to reawaken.

Notably, 1 presumption didn't budge: Trump Media & Technology Group (NASDAQ:DJT). Rinehart inactive owns 150,000 shares successful the Truth Social parent. While the media banal has had a turbulent ride, her condemnation seems intact. With U.S. predetermination play heating up and tariffs backmost successful the headlines, Rinehart's latest moves suggest she's not conscionable betting connected the marketplace she's betting connected a narrative.

This nonfiction archetypal appeared connected GuruFocus.