This article first appeared on GuruFocus .
Thirty-five ETFs were buying Palantir ( PLTR ) shares last Thursday versus 23 selling, yet ETF activity still ended in net selling of $112.1 million because the sellers traded in larger amounts. The move followed two straight days of net buying, including $163.7 million on Oct. 28 and $30.7 million on Oct. 27. Before that, the stock saw net selling of $64.6 million on Oct. 26 and net buying of $11.2 million on Oct. 23. The selling streak now stands at one day.
See all ETF and guru trades in PLTR on its PLTR guru trades page .
Which ETFs sold PLTR on Thursday?
The largest sellers by dollar value were QQQ ($44.8 million), IGV ($26.6 million) and TECL ($25.9 million). In all, 35 ETFs added shares and 23 cut them.
| ETF |
Shares changed |
Value |
Weight in ETF |
|---|---|---|---|
| -227,968 |
-$44.8M |
1.96% |
|
| -135,521 |
-$26.6M |
9.30% |
|
| -131,836 |
-$25.9M |
2.63% |
|
| -70,543 |
-$13.9M |
0.68% |
|
| -44,100 |
-$8.7M |
1.97% |
|
| -20,040 |
-$3.9M |
0.68% |
|
| -4,553 |
-$0.9M |
0.68% |
|
| -2,000 |
-$0.4M |
0.23% |
QQQ accounted for the largest slice of the move, with a $44.8 million decline in value on a 0.47% cut to its stake, followed by IGV at $26.6 million (a 2.01% stake reduction) and TECL at $25.9 million (a 19.04% reduction). SPY trimmed $13.9 million, QLD $8.7 million and IVV $3.9 million, while SPYM and RSP each moved less than $1 million. Palantir sits in the Technology sector within Software - Infrastructure, with a market cap of $442.4 billion.
Have ETFs been buying or selling PLTR lately?
Over the last 5 reported days, ETFs were net buyers on 3 and net sellers on 2, so the recent trend is mostly buying.
| Date |
Net value |
Buying |
Selling |
|---|---|---|---|
| Oct. 29 |
-$112.1M |
35 |
23 |
| Oct. 28 |
$163.7M |
34 |
10 |
| Oct. 27 |
$30.7M |
35 |
7 |
| Oct. 26 |
-$64.6M |
28 |
14 |
| Oct. 23 |
$11.2M |
29 |
18 |
What does PLTR do?
Palantir Technologies builds software platforms that let organizations integrate their data, decisions, and operations at scale.
Palantir reported $6.16 billion in trailing 12-month revenue, up 76.0%, with gross margin of 84.8% and net margin of 49.0%. Its valuation stands at a P/E of 156.82, P/B of 45.26 and P/S of 76.9. The GF Score is 85, and GF Value of $191.93 compares with a price of $184.11. The stock is up 3.58% year to date.
PLTR at a glance
| Measure |
Value |
|---|---|
| Price |
$184.11 |
| Market cap |
$442.40B |
| Revenue (trailing 12 months) |
$6.16B |
| Revenue growth (1 year) |
+76.0% |
| Gross margin |
84.8% |
| Net margin |
49.0% |
| P/E |
156.82 |
| P/B |
45.26 |
| P/S |
76.90 |
| 85/100 |
|
| GF Value |
$191.93 |
| Year-to-date return |
+3.58% |
For a closer look, open the PLTR stock summary , its GF Value chart and insider buying and selling .
Looking for a fund? Use the ETF Screener , and follow daily fund activity on the ETF Trends page.
What should investors watch next for PLTR?
Watch whether the one-day selling streak extends, given the alternating pattern of net buying and selling over the past five sessions.
Based on ETF holdings changes reported for Oct. 29, 2026.
