WOLF(@WOLF_Financial):FAMILY OFFICES JUST MADE THEIR BIGGEST MOVE INTO STOCKS IN YEARS Single-family offices held 37% of their portfolios in public equities in Q2, up from 34% in Q1, per the CNBC Family Office Portfolio Tracker powered by Addepar. Allocations to alternatives fell to 46% from 49%, the largest drop in years. Private companies, real estate, private equity, venture capital and private credit dropped 3 percentage points combined. Cash came down by less than 1 point. The five most commonly held stocks: - Microsoft $MSFT, held by 77% of family offices - Amazon $AMZN, 76% - Google $GOOGL, 76% - Apple $AAPL, 70% - Nvidia $NVDA, 69% Addepar CEO Eric Poirier said the increase in public equities was the biggest quarter-over-quarter shift in three to four years. The data covers hundreds of family offices representing more than $1.4 trillion in assets.

2026.08.27 20:37

FAMILY OFFICES JUST MADE THEIR BIGGEST MOVE INTO STOCKS IN YEARS Single-family offices held 37% of their portfolios in public equities in Q2, up from 34% in Q1, per the CNBC Family Office Portfolio Tracker powered by Addepar. Allocations to alternatives fell to 46% from 49%, the largest drop in years. Private companies, real estate, private equity, venture capital and private credit dropped 3 percentage points combined. Cash came down by less than 1 point. The five most commonly held stocks: - Microsoft $MSFT, held by 77% of family offices - Amazon $AMZN, 76% - Google $GOOGL, 76% - Apple $AAPL, 70% - Nvidia $NVDA, 69% Addepar CEO Eric Poirier said the increase in public equities was the biggest quarter-over-quarter shift in three to four years. The data covers hundreds of family offices representing more than $1.4 trillion in assets.