Axiom Investment Management LLC Buys NVIDIA Stock Worth Over $2 Million

Axiom Investment Management LLC has recently purchased a new stake in NVIDIA Corporation (NASDAQ:NVDA), according to its most recent Form 13F filing with the Securities and Exchange Commission.

The institutional investor bought 14,096 shares of the computer hardware maker's stock, valued at approximately $2,458,000. This purchase comprises about 1.9% of Axiom Investment Management LLC's holdings, making NVDA its 11th biggest holding.

This is not an isolated incident, as other hedge funds have also recently bought and sold shares of NVIDIA in the last quarter. Norges Bank purchased a new stake in NVIDIA valued at about $62,244,133,000, while J. Stern & Co. LLP grew its stake in NVDA by 13,709.1%.