Hilltop Holdings Sells 51.6% Stake in NVIDIA Amid Margin Concerns
Hilltop Holdings Inc., a financial services company, has decreased its stake in NVIDIA Corporation by 51.6% in the first quarter of this year.
The fund owned 100,665 shares of NVIDIA's stock after selling 107,341 shares during the period, making it NVIDIA's 6th largest holding in their portfolio, which is worth $17,556,000.
This move by Hilltop Holdings Inc. is not unique as several other hedge funds have also recently added to or reduced their stakes in NVDA. Meanwhile, some analysts and investors are expressing concerns about the company's future margins due to potential competition from custom chips and AI inference workloads.