Institutional Investors Boost Stakes in NVIDIA as Share Prices Rise
NVIDIA Corporation (NASDAQ:NVDA) has seen significant changes to its share ownership by institutional investors. AA Financial Advisors LLC increased its holdings in NVIDIA by 6.9% in the second quarter, purchasing an additional 2,173 shares and owning a total of 33,802 shares. This represents about 0.8% of AA Financial Advisors LLC's total holdings, making it their 24th biggest holding.
The total value of NVIDIA's shares owned by AA Financial Advisors LLC was $6,763,000 at the end of the most recent quarter. Several other institutional investors also made changes to their positions in NVDA during the same period. Norges Bank purchased a new stake in NVIDIA worth $62,244,133,000, while J. Stern & Co. LLP increased its position by 13,709.1% and now owns 125,760,307 shares valued at $23,454,297,000.
Cardano Risk Management B.V. also increased its position in NVIDIA by 896.4%, owning 78,123,960 shares worth $14,570,119,000. Capital Research Global Investors raised its stake in NVDA by 16.1% during the third quarter and now owns 165,377,852 shares valued at $30,855,564,000.