Boston Common Cuts NVDA Stake Amid Mixed Market Signals
Boston Common Asset Management LLC has made adjustments to its investment portfolio in NVIDIA Corporation (NASDAQ:NVDA). In the first quarter, the fund lowered its position in NVDA by 2.0%, selling 8,385 shares while still holding 401,697 shares worth $70,056,000.
NVIDIA makes up about 4.5% of Boston Common Asset Management LLC's investment portfolio and is its second-largest holding.
Other institutional investors have also made changes to their holdings in NVDA during the quarter, including Sentinel Trust Co. LBA, Planning Alternatives Ltd. ADV, Broderick Brian C, and Nelson Capital Management LLC.
NVIDIA has seen various developments that may impact its stock price, such as Amazon's capital-expenditure forecast and potential financing concerns related to AI infrastructure expansion.