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Institutional Investors Flock to NVIDIA Amid AI Boom

Guavy AI Editorial Team
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NVDA
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NVIDIA Corporation (NASDAQ:NVDA) has continued to see significant investment from institutional investors. Blue Zone Wealth Advisors LLC, for example, increased its stake in NVIDIA by 21.4% in the second quarter, according to a recent SEC filing.

The company's holdings in NVIDIA are now worth $25.9 million and account for 4.5% of their portfolio, making it their seventh largest holding.

This is not an isolated case, as other hedge funds have also modified their holdings in NVIDIA. Lifetime Wealth Management P.C., for instance, purchased a new stake in the company in the fourth quarter valued at approximately $26,000.

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