Getting margin called and selling a significant chunk of holdings isn’t that weird. Selling all their public stock holdings is surprising. Maybe they have a lot of private stock that they can’t sell? Presumably they hold a lot of options on public stocks and the article doesn’t say they sold their options.
But the article also says “The firm had been negotiating to sell its stake in Anthropic”.
Getting margin called and selling a significant chunk of holdings isn’t that weird. Selling all their public stock holdings is surprising. Maybe they have a lot of private stock that they can’t sell? Presumably they hold a lot of options on public stocks and the article doesn’t say they sold their options.
But the article also says “The firm had been negotiating to sell its stake in Anthropic”.