Stocks
Fairbanks Capital Management Invests Heavily in NVIDIA Corporation
Fairbanks Capital Management Inc., a financial institution, has invested $5.32 million in NVIDIA Corporation ($NVDA). The investment is comprised of 30,496 shares, valued at approximately $5.319 million.
NVIDIA accounts for 3.3% of Fairbanks Capital Management's portfolio, making it the company's 11th largest holding.
The news comes as several other institutional investors and hedge funds have also modified their holdings in NVIDIA. State Street Corp has increased its stake in the company by 1.2%, while Geode Capital Management LLC has raised its position by 0.6%.