NVIDIA Remains a Top Holding for Institutional Investors Amid Market Volatility

NVIDIA Corporation (NASDAQ:NVDA) has been a significant holding for various institutional investors. United Asset Strategies Inc., for example, has raised its stake in NVIDIA by 8% in the second quarter, according to its most recent SEC filing.

The company now owns 423,723 shares of NVIDIA's stock after buying an additional 31,268 shares during the quarter. This represents approximately 6% of United Asset Strategies Inc.'s holdings, making it the stock's largest position.

As of its latest SEC filing, United Asset Strategies Inc.'s holdings in NVIDIA were worth $84.78 million. Other institutional investors, such as Brighton Jones LLC and Bank Pictet & Cie Europe AG, have also increased their stakes in NVIDIA during the fourth quarter.

The computer hardware maker's stock has been experiencing significant volatility due to various factors, including memory shortages and energy constraints leading to AI-server price increases of more than 15%. Despite this, NVIDIA has continued to beat earnings estimates for 14 straight quarters, but its stock has often declined after reports.