Stocks
Institutional Investors Continue to Show Interest in NVIDIA
NVIDIA Corporation (NASDAQ:NVDA) has been a focus of attention from institutional investors in recent months. According to its most recent Form 13F filing with the SEC, South Street Advisors LLC reduced its stake in NVIDIA by selling 4,064 shares during the second quarter.
The fund owned 333,770 shares of NVIDIA's stock after the sale, which comprised about 8.7% of its holdings. NVIDIA comprises a significant portion of South Street Advisors LLC's portfolio, making it the company's largest position in terms of value.
Other hedge funds have also made changes to their stakes in NVIDIA. Bank of America Corp DE increased its holdings by 2.1% in the first quarter, while Invesco Ltd. grew its stake by 0.3% during the fourth quarter.