NVIDIA Attracts Institutional Investment Amid Strong Demand for AI Chips
NVIDIA Corporation (NASDAQ:NVDA) has seen significant investment from various institutions in recent quarters. According to its latest 13F filing, Walter Public Investments Inc. acquired a new position in NVIDIA's stock during the second quarter, purchasing approximately 92,501 shares valued at $18,509,000.
This represents about 4.5% of Walter Public Investments' portfolio and makes it the company's fourth-largest holding. The investment was part of a broader trend, with several other hedge funds and institutional investors increasing their stakes in NVIDIA during this period.
Among these, J. Stern & Co. LLP significantly boosted its holdings by 13,709.1% during the fourth quarter, owning around 125,760,307 shares valued at $23,454,297,000 after purchasing an additional 124,849,603 shares. Amundi also grew its stake in NVIDIA by 10.4% in the first quarter.
Other notable investors include SEB Asset Management AB and Employees Provident Fund Board, which both purchased new positions in NVIDIA during the first and fourth quarters respectively.