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NVIDIA Sees Growing Institutional Support Amid Strong Performance

Guavy AI Editorial Team
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NVDA
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HM Payson & Co., an investment firm, increased its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 1.7% in the second quarter.

The company's latest SEC filing shows that HM Payson & Co. now owns 1,740,693 shares of NVIDIA's stock, which is valued at approximately $348.3 million and represents about 4.6% of its investment portfolio.

This makes NVIDIA one of the firm's largest holdings, ranking seventh in its list of positions.

The news comes as NVIDIA continues to perform strongly, with recent quarterly results exceeding expectations and a growth outlook that is expected to be around 70% for fiscal 2028.

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