Madison Asset Management Doubles Down on NVIDIA with 13.4% Stake Boost

Madison Asset Management LLC has significantly increased its holdings in NVIDIA Corporation. In the first quarter, the company grew its ownership of NVDA shares by 13.4%, adding 3,032 new shares to its portfolio.

The firm now owns 25,671 shares of NVIDIA's stock, valued at approximately $4.5 million as of the end of the most recent quarter.

This is not an isolated instance, as several other institutional investors and hedge funds have also increased their stakes in NVDA in recent quarters.