NVIDIA Attracts Record Institutional Investments Amid AI Boom
NVIDIA Corporation (NASDAQ:NVDA) has attracted significant investment from several prominent institutional investors. One such investor is Liberty Capital Management Inc., which recently purchased a new position in NVIDIA shares valued at approximately $21,534,000.
The company bought 107,620 shares during the second quarter, making up about 3.7% of Liberty Capital Management Inc.'s portfolio and ranking as their sixth largest holding.
This investment is part of a larger trend where several hedge funds have significantly increased their stakes in NVIDIA. State Street Corp, for example, lifted its holdings by 1.2% during the fourth quarter and now owns over 991 billion shares valued at around $184.9 billion.