Empowered Funds Doubles Down on NVIDIA with Big Stake Increase
Empowered Funds LLC has significantly increased its stake in NVIDIA Corporation, NASDAQ NVDA. According to its latest Form 13F filing, the institutional investor acquired an additional 870,355 shares of the computer hardware maker's stock during the first quarter.
This brings Empowered Funds LLC's total holding in NVIDIA to approximately 2,702,964 shares, which comprises around 3.0% of its portfolio and makes it the company's largest holding.
The holdings in NVIDIA are valued at $471,397,000 as per the most recent filing with the Securities & Exchange Commission.