What smart money is saying about Oracle Corporation
ORCL · Technology · Software - Infrastructure · Market cap $535.58B
6 funds in our archive have pitched Oracle Corporation — most recently Oakmark Fixed Income in June 2026.
Company profile
Oracle Corporation, a global technology giant, provides a comprehensive suite of enterprise information technology solutions worldwide. A core part of its portfolio comprises cloud-based software-as-a-service (SaaS) applications, including the Oracle Fusion Cloud suite covering enterprise resource planning (ERP), enterprise performance management (EPM), supply chain and manufacturing management (SCM), and human capital management (HCM). This also extends to specialized offerings like Oracle Advertising, the NetSuite application suite, and Oracle Fusion solutions for Sales, Service, and Marketing. Beyond these, Oracle develops cloud solutions tailored for various specific industries, alongside traditional application licenses and comprehensive license support services. Furthermore, the company's robust cloud and licensing business is underpinned by its infrastructure technologies. These include the flagship Oracle Database, the widely adopted Java programming language, and various middleware components such as development tools. Its advanced cloud infrastructure provides compute, storage, and networking capabilities, complemented by innovative services like the Oracle Autonomous Database, MySQL HeatWave, Internet-of-Things (IoT) platforms, digital assistants, and blockchain technology. Oracle also offers a range of hardware products and associated software. This encompasses Oracle engineered systems, enterprise servers, storage solutions, and specialized hardware for particular industries. Additionally, it provides virtualization software, operating systems, management software, and related hardware support. Complementing its product lines, Oracle delivers expert consulting and dedicated customer services. The company employs a direct sales model, reaching businesses across diverse sectors, government bodies, and educational institutions globally, while also leveraging an extensive network of indirect channels. Established in 1977, Oracle Corporation maintains its corporate headquarters in Austin, Texas.
Get an email when a fund writes about it
8
Reported positions
0
Bought
5
Sold
56
Letters
Position history
Between Q1 2025 and Q2 2026, 8 fund letters reported a position in Oracle Corporation — 5 trimmed or exited.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 8 | 0 | 5 | 1 |
| Q1 2026 | 0 | 0 | 0 | 1 |
| Q4 2025 | 0 | 0 | 0 | 1 |
| Q3 2025 | 0 | 0 | 0 | 2 |
| Q1 2025 | 0 | 0 | 0 | 1 |
Fund activity · 8 positions · 5 moves
- TrimmedNightview Capital NITE ETFJune 2026
“Oracle sits underneath a stunning amount of the world’s data and has become one of the more important landlords of AI computing infrastructure. The demand for its cloud has been remarkable. That strength is also why we trimmed the position modestly, harvesting some of a strong run to fund ideas where we saw more room ahead.”
Oracle Corporation - HoldsOakmark Fixed IncomeJune 2026
“Meta’s success doesn’t depend on the success of one specific large language model. Mark Zuckerberg has repeatedly demonstrated an ability to adapt the business as technology evolves. Whether AI ultimately creates value through proprietary models, open-source innovation or embedded applications, Meta has multiple ways to benefit. To us, that’s an attractive way to gain AI exposure. We do not think Meta requires one specific AI outcome to succeed, and neither does our investment. Oracle, which we touched on briefly last quarter, is another example.”
Oracle Corporation - June 2026
“Today, few companies are making ROI-based decisions on AI spending. Many are investing aggressively because they do not want to risk falling behind (FOMO). At times, the spending appears haphazard, as evidenced by large companies paying bonuses based on higher token usage. The result is a capital expenditure (capex) sprint that, by any historical measure, is extraordinary. The five largest cloud and AI infrastructure giants (Amazon, Alphabet, Meta, Microsoft, and Oracle) are projected to spend over $725 billion on capex in 2026 alone,”
Oracle Corporation - June 2026
“Oracle Oracle detracted from performance in the second quarter amid a broader reversal in software sentiment, as investors continued to question SaaS durability and pricing power in an AI-native world following the "SaaSpocalypse" scare earlier in the year.”
Oracle Corporation - June 2026
“Trading activity The hardest decision in investing is selling a winner while it is still winning. We made it eight times this quarter: alongside SK Hynix, Applied Materials and Ciena, we sold GE Vernova, Keyence, Lasertec, Oracle and Constellation Energy, positions whose share prices, in our view, now fully reflect the theses that earned them their place.”
Oracle Corporation - June 2026
“The hardest decision in investing is selling a winner while it is still winning. We made it eight times this quarter: alongside SK Hynix, Applied Materials and Ciena, we sold GE Vernova, Keyence, Lasertec, Oracle and Constellation Energy, positions whose share prices, in our view, now fully reflect the theses that earned them their place.”
Oracle Corporation - ExitedJAG Capital Management Large Cap Growth PortfolioJune 2026
“We exited our position as investors became concerned about rising capital spending/debt issuance as Oracle is again issuing more debt to fund its data center buildout - contrary to our buy thesis.”
Oracle Corporation - TrimmedPolen Capital Global GrowthJune 2026
“Portfolio Activity In Q2 2026, we initiated new positions in GE Aerospace, GE Vernova, Howmet Aerospace, Hermès International, Keyence, and Rheinmetall while selling our holdings in Boston Scientific, Siemens Healthineers, and Zoetis. During the period we also added to our positions in ASML and Idexx Labs and trimmed our positions in Starbucks, Oracle, Shopify, Aon and Broadcom.”
Oracle Corporation
Also mentioned · 43
These funds discuss Oracle Corporation — as a competitor, benchmark or comparable — without disclosing a position in it.
- MentionedCDT Capital Investment StrategyAugust 2026
“while back in July Nikkei research suggested that $1.65T of debt is now sitting on and off the books of Meta, Oracle, Amazon, Microsoft and Alphabet (Google).”
Oracle Corporation - MentionedGuinness Global Innovators FundAugust 2026
“Over July, these fears have only grown as hyperscaler capex expectations continued to move higher. Expected FY26 capex by Amazon, Alphabet, Microsoft, Meta and Oracle combined has risen from around $536bn in December to $784bn by July, an increase of almost 50% in just seven months.”
Oracle Corporation - MentionedGuinness Global Quality Mid Cap FundAugust 2026
“Expected FY26 capex by Amazon, Alphabet, Microsoft, Meta and Oracle combined has risen from around $536bn in December to $784bn by July, an increase of almost 50% in just seven months.”
Oracle Corporation - MentionedCDT CapitalAugust 2026
“while back in July Nikkei research suggested that $1.65T of debt is now sitting on and off the books of Meta, Oracle, Amazon, Microsoft and Alphabet (Google).”
Oracle Corporation - MentionedGuinness Global Quality Mid Cap FundJuly 2026
“On the debt side, a similar pattern has emerged. Companies like Meta, Alphabet, and Oracle, none of which had issued much debt in recent years, have all turned to bond markets to help fund AI capital expenditure. Meta priced a $30 billion bond deal in October, its largest in years, while Oracle has been the most aggressive borrower of the group, raising $43 billion in debt over the past year with more planned.”
Oracle Corporation - MentionedGuinness Global Innovators FundJuly 2026
“On the debt side, a similar pattern has emerged. Companies like Meta, Alphabet, and Oracle, none of which had issued much debt in recent years, have all turned to bond markets to help fund AI capital expenditure. Meta priced a $30 billion bond deal in October, its largest in years, while Oracle has been the most aggressive borrower of the group, raising $43 billion in debt over the past year and planning more.”
Oracle Corporation - MentionedGuinness Global Equity Income FundJuly 2026
“Hyperscaler capex The current capex cycle is clearly intertwined with a sharp increase in semiconductor demand, and we believe continued hyperscaler spending is a key indicator that the AI infrastructure build-out is still underway. This spending is effectively funding the next phase of the data centre build-out. As hyperscalers scale both training and, increasingly, inference workloads, their willingness to keep lifting capex expectations supports the view that this semiconductor cycle could prove longer lasting and more structurally driven than previous upcycles. In each earnings cycle, the major hyperscalers have generally revised capex guidance higher and the direction of travel is striking. Expected FY26 hyperscaler capex has risen from around $298bn in December 2024 to $758bn by the end of the second quarter this year, more than doubling as Amazon, Alphabet, Microsoft, Meta and Oracle continue to commit capital to AI compute capacity.”
Oracle Corporation - MentionedCDT Capital VNAV StrategyJuly 2026
“The story of skepticism is also showing up in the bond market. Oracle, which has committed to an estimated $350 to $450B in capital to the AI build out has seen its credit default swaps or the insurance investors can take out on the company’s bonds if the company is unable to pay its obligations increase exponentially this year – exceeding levels during the Great Financial Crisis. Source: Bloomberg”
Oracle Corporation - MentionedCDT Capital VNAVJuly 2026
“The story of skepticism is also showing up in the bond market. Oracle, which has committed to an estimated $350 to $450B in capital to the AI build out has seen its credit default swaps or the insurance investors can take out on the company’s bonds if the company is unable to pay its obligations increase exponentially this year – exceeding levels during the Great Financial Crisis. Source: Bloomberg”
Oracle Corporation - MentionedBronte Capital Amalthea FundJuly 2026
“In Q1 2026, Meta, Alphabet, Microsoft, Amazon, and Oracle spent over $100B more in CapEx than they recognised in depreciation.”
Oracle Corporation - July 2026
“Amazon, Meta, Nvidia, Google, Oracle, and SpaceX have issued approximately $182 billion in investment-grade bonds in 2026, roughly 15% of all US corporate debt issuance3.”
Oracle Corporation - June 2026
“Combined AI capex: Microsoft, Alphabet, Meta, Amazon, Oracle.”
Oracle Corporation - MentionedDeep Sail Capital PartnersJune 2026
“The company serves enterprise AI companies and the hyperscalers, including Google, Meta, Dell, HPE, IBM, Juniper Networks, and Oracle Corporation, among others.”
Oracle Corporation - MentionedDistillate CapitalJune 2026
“Letter Summary Artificial Intelligence enthusiasm and uncertainty whipsawed markets and pushed valuations to extraordinary levels during the last quarter. Hyperscalers (Alphabet, Amazon, Meta, Microsoft, & Oracle) lagged amid concerns about returns on their enormous investments, while semiconductor and tech equipment companies benefiting from this spending surged.”
Oracle Corporation - MentionedNinepoint Partners Mid‑Year OutlookJune 2026
“The AI Boom: From Buildout to Monetization The AI spending cycle continued to accelerate in the first half of 2026. Hyperscaler cloud capital expenditure has been growing at roughly 90% year-over-year, and the aggregate run rate is now approaching figures that dwarf every comparable infrastructure buildout in American economic history.1,2 What distinguishes this period from earlier phases of AI enthusiasm is evidence that the spending is generating revenue. The cloud RPO — remaining performance obligation, essentially the contracted future revenue backlog — for AWS, Microsoft Azure, Google Cloud, and Oracle crossed $2 trillion in the first quarter of 2026, up approximately 175% year-over-year.”
Oracle Corporation - MentionedGuinness Global Equity Income FundJune 2026
“In each earnings cycle, the major hyperscalers have generally revised capex guidance higher, with Oracle the notable exception in the most recent update.”
Oracle Corporation - MentionedMiddle Coast InvestingJune 2026
“These are, for now, the top of the line in the AI value chain: Alphabet (GOOG) , Microsoft (MSFT) , Amazon (AMZN) , Meta Platforms (META), plus OpenAI and Anthropic once they become public, and then a few companies on the fringes (Oracle (ORCL), SpaceX (SPCX) maybe, Alibaba (BABA), Tencent (TCEHY).”
Oracle Corporation - MentionedHotchkis & Wiley Value OpportunitiesJune 2026
“The big spenders are Alphabet, Amazon, Meta, Microsoft, Oracle, CoreWeave, Nebius, and SpaceX.”
Oracle Corporation - June 2026
“The big spenders are Alphabet, Amazon, Meta, Microsoft, Oracle, CoreWeave, Nebius, and SpaceX.”
Oracle Corporation - June 2026
“The big spenders are Alphabet, Amazon, Meta, Microsoft, Oracle, CoreWeave, Nebius, and SpaceX.”
Oracle Corporation - MentionedIronvine Capital Partners Quarterly Investor LetterJune 2026
“Over the last five decades SAP has become the leading provider of ERP software for many of the world’s largest, most supply chain-intensive companies. SAP counts 98 of the Fortune 100 as customers, with approximately 70% of revenue derived from large enterprises. Across much of this market the company operates in a duopoly with Oracle, although in certain niches it is the only practical solution.”
Oracle Corporation - MentionedPacker & Co Investigator TrustJune 2026
“AI Capital Expenditure Boom (Google, Microsoft, Amazon, Meta & Oracle) Investors are on board, paying handsome prices for America’s tech giants.”
Oracle Corporation - June 2026
“Not surprisingly, we’re seeing huge fundraising efforts by tech giants to take advantage of the optimism of investors. Massive IPOs either completed or on tap from AI darlings like Space Exploration Technologies, Open AI and Anthropic, plus chunky secondary stock and/or debt offerings from Alphabet, Amazon, Nvidia, Oracle and others may eventually drain what has been a very deep pool of investor liquidity.”
Oracle Corporation - MentionedCDT Capital (CDT)June 2026
“It is clear that there is a fuzzy vision for an AI strategy at Meta, but the lack of leadership and execution has left it permanently behind in the race. That is likely why the firm is starting to pivot from its position as AI developer to hyperscaler. In yet another indirect omission of failure, rumors this week that Meta is exploring building a cloud business to rival the likes of Microsoft, Oracle and Amazon (Article).”
Oracle Corporation - MentionedCDT CapitalJune 2026
“The Meta Investment Reckoning: Meta is at it again. After squandering approximately -$80B on the metaverse, the firm is parlaying that failure by once again squandering money on AI. This time the stakes are reaching new highs. In 2026, AI related capital expenditures are expected to reach approximately $125– 145 billion, yet there is no verifiable evidence that any of this spend is yielding results. In fact, there is mounting and damning evidence to the contrary. Meta’s Llama frontier AI models are not at the frontier of the AI race (AI Leaderboard) and external adoption has been extremely disappointing for shareholders fronting the multi hundred-billion-dollar bill. Even Meta’s own employees do not use the models that they create! In a somewhat confusing and embarrassing sign, Meta, which is supposedly creating the best AI models in the world, was recently told by Google that it would be restricting its prolific use of its AI model, Gemini (Article). This must be the most damning evidence for a corporate failure possibly in American history, even Meta does not use its own models. That said if you need more to chew on look at the never- ending reports of internal turmoil coming out of the company (Article). It is clear that there is a fuzzy vision for an AI strategy at Meta, but the lack of leadership and execution has left it permanently behind in the race. That is likely why the firm is starting to pivot from its position as AI developer to hyperscaler. In yet another indirect omission of failure, rumors this week that Meta is exploring building a cloud business to rival the likes of Microsoft, Oracle and Amazon (Article).”
Oracle Corporation - MentionedHorizon KineticsJune 2026
“Five companies have announced plans to spend a combined $720 billion on such expansion— Amazon ($198 billion); Microsoft ($146 billion), Alphabet ($186 billion); Meta ($132 billion); and Oracle ($56 billion). These 2026 forecasts have been revised upward by more than 25% in just five months.”
Oracle Corporation - MentionedSaltLight Capital Co‑Investor LetterJune 2026
“a company the market had once valued at two hundred billion dollars was taken over by Oracle in 2009, for seven billion.”
Oracle Corporation - MentionedHamlin Capital Management Equity and High Yield Municipal Bond StrategiesJune 2026
“We think it is noteworthy that several large companies in the AI ecosystem raised capital this quarter: Google, Meta, and Oracle announced large new equity and debt issuances, and SpaceX went public in June with much fanfare.”
Oracle Corporation - MentionedNexus Investment Management ULCJune 2026
“Large U.S. technology companies, including Amazon, Alphabet, Microsoft, Meta, Oracle, and now SpaceX, issued approximately US$122 billion of bonds in 2025, and by the second quarter, 2026 had already exceeded the prior year's total.”
Oracle Corporation - June 2026
“During the quarter, that value proposition translated into a landmark agreement with Oracle for up to 2.8 gigawatts of”
Oracle Corporation - MentionedFirst Eagle Investments 2Q26 Market Overview: The Cost of CredibilityJune 2026
“The magnitude of capital expenditures by hyperscalers—companies like Amazon, Apple, Meta, Microsoft and Oracle that operate massive data centers supporting cloud computing—has been another source of support for investor sentiment.”
Oracle Corporation - MentionedFirst Eagle Investments Small Cap Market OverviewJune 2026
“companies like Amazon, Apple, Meta, Microsoft and Oracle that operate massive data centers supporting cloud computing”
Oracle Corporation - MentionedCopeland Capital Management Dividend Growth StrategyJune 2026
“Over the last two decades, leading tech companies from Oracle to Microsoft to Alphabet steadily compounded free cash flow (FCF) and built huge net cash positions despite returning vast amounts to shareholders.”
Oracle Corporation - MentionedCopeland Capital Management Dividend GrowthJune 2026
“Over the last two decades, leading tech companies from Oracle to Microsoft to Alphabet steadily compounded free cash flow (FCF) and built huge net cash positions despite returning vast amounts to shareholders.”
Oracle Corporation - MentionedScharf Investments Quality Value StrategyJune 2026
“As a result, the top 5 hyperscalers (Amazon, Microsoft, Google, Meta, and Oracle) are expected to invest ~$6tn through 2030 on AI infrastructure.”
Oracle Corporation - MentionedDistillate Capital Multi-StrategyJune 2026
“Artificial Intelligence enthusiasm and uncertainty whipsawed markets and pushed valuations to extraordinary levels during the last quarter. Hyperscalers (Alphabet, Amazon, Meta, Microsoft, & Oracle) lagged amid concerns about returns on their enormous investments, while semiconductor and tech equipment companies benefiting from this spending surged.”
Oracle Corporation - MentionedJAG Capital ManagementJune 2026
“Figure 3. Big Five hyperscaler US bond issuance: the 2020–2024 average versus 2025 actual versus the 2026 forecast. Sources: BofA Securities via Reuters and Mellon Investments (Dec 2025); BofA Global Research 2026 forecast (Mar 2026). Big Five = Amazon, Microsoft, Alphabet, Meta, Oracle. 2020–2024 average issuance was ~$28B per year.”
Oracle Corporation - May 2026
“We guessed that executive option plans (buy backs) would take precedence over headcount and thus we expected lay-offs - tick:- see Meta, Atlassian, Oracle, Amazon amongst others.”
Oracle Corporation - MentionedHennessy Japan Small Cap FundMay 2026
“Following Oracle’s announcement of an expanded partnership with Google Cloud, among other developments, market attention turned to the expansion of AI data centers.”
Oracle Corporation - March 2026
“Despite the broad sell-off among large-cap growth stocks during the first quarter, three portfolio holdings demonstrated double-digit price appreciation – all within the semiconductor area. Consensus spend expectations for data center infrastructure continue to expand rapidly, particularly among the hyperscalers. During the first quarter of 2026, consensus estimates for 2026 and 2027 capital expenditures among Amazon (AMZN), Microsoft (MSFT), Meta (META), Alphabet (GOOGL) and Oracle(ORCL) cumulatively increased by 25% and 23% respectively, largely to support data center demand – inclusive of chips and related equipment.”
Oracle Corporation - March 2026
“SAP is in the first category - software. We owned it a number of years ago. We also owned its primary competitor, Oracle.”
Oracle Corporation - March 2026
“Last quarter we argued the widening in Oracle CDS had been misread as evidence of AI-capex capital withdrawal; this raise was the confirmation.”
Oracle Corporation - September 2025
“For example, Oracle has booked a restructuring charge every year for the last five years.”
Oracle Corporation
Fund coverage · 6 theses
- Oakmark Fixed IncomeJune 2026
Oracle’s enterprise relationships, proprietary software, recurring cash flows and mission-critical data assets position it to benefit across different AI outcomes.
Read the full thesis - Emerald Growth Equity StrategyMarch 2026
Oracle is backed by a massive AI-driven backlog with contractual visibility and a perceived margin of safety.
Read the full thesis - Emerald Growth Equity StrategyDecember 2025
Oracle is an enterprise software and cloud infrastructure provider with strengths in data-intensive workloads and an attractive valuation that offsets higher leverage from AI buildout.
Read the full thesis - Sands Capital Select GrowthSeptember 2025
Oracle is emerging as a leader in AI infrastructure, with significant commitments from major AI companies signaling its shift to a top provider in the cloud market.
Read the full thesis - Clearbridge Large Cap Growth StrategySeptember 2025
Oracle is expected to grow its market share and profitability in cloud infrastructure for AI workloads due to its competitive data center architecture.
Read the full thesis - Aristotle Large Cap GrowthMarch 2025
Oracle is well-positioned for strong revenue growth driven by its cloud infrastructure and AI computing needs, along with positive outcomes from its Cerner business.
Read the full thesis
Read every full thesis on Oracle Corporation
Unlock all 6 theses — the full reasoning behind what funds are buying, plus unlimited access to the entire archive.
View plans→Share this ledger