Irish state increases Palantir shareholding

The Irish state investment fund increased its shareholding in Peter Thiel's Palantir last year as the Israeli military used its technology to commit genocide in Gaza.

The Irish Strategic Investment Fund (ISIF) held 22,073 shares in Palantir valued at €3.34 million at the end of 2025, according to the National Treasury Management Agency's (NTMA) annual report published yesterday.

The Ditch first reported in December 2024 that the fund, managed by the NTMA, owned 19,145 Palantir shares worth €1.33 million.

Palantir is complicit in Israel's genocide in Gaza, according to the BDS movement. 

CEO Alex Karp has positioned the company as an upholder of US global supremacy in his book The Technological Republic. 

Paschal Donohoe in a review for the Irish Times said, “It is nuanced and provocative. Even the most ardent pacifist should consider the arguments in it.”

Sinn Féin TD Mairéad Farrell said, “It is wrong that the Irish state continue to invest in and profit from shares in Palantir given its role in supporting Israel’s genocide in Gaza. Palantir has a ‘strategic partnership’ with the Israeli Ministry of Defence and continue to be used by the US military in their illegal attacks on Iran.  

"Sinn Féin is calling on the Tánaiste to introduce ethical investment criteria that require ISIF to sell these holdings immediately and to end the Irish State’s complicity in genocide."

The Israel Defense Forces has used Palantir technology to kill Palestinians in Gaza following a strategic partnership announced in January 2024.

Palantir was co-founded by billionaire Peter Thiel who was to host a secret gathering of his invitation-only Dialog society at the Powerscourt Hotel in Wicklow this August.

The event, whose planned sessions included Navigating WWIII and Battlefield Technologies, has since been cancelled.

ISIF “endeavours to be a responsible investor”, according to a statement on its website.

It declined to comment.