$6.7 Billion Investment: Amitell Capital Pte Ltd Boosts Stake in NVIDIA
NVIDIA Corporation ($NVDA) is a significant holding for Amitell Capital Pte Ltd, which increased its stake in the company by 1,078.9% in the second quarter.
Amitell Capital Pte Ltd now owns approximately 6.2% of NVIDIA's investment portfolio, making it the company's fourth largest position, with a total value of $6,748,000 as of its most recent SEC filing.
This acquisition is part of a larger trend in which institutional investors have been buying up shares of NVDA, with 65.27% of the stock owned by hedge funds and other institutional investors.