NVIDIA Sees Major Institutional Investment as Resolute Advisors LLC Buys More Shares

NVIDIA Corporation (NASDAQ:NVDA) has seen significant institutional investment in recent quarters. Resolute Advisors LLC, for example, increased its holdings in NVIDIA by 185.1% during the first quarter, purchasing an additional 8,520 shares.

This brings the fund's total holdings to 13,124 shares of NVIDIA stock, worth approximately $2,289,000 at the end of the most recent quarter. This represents 0.9% of Resolute Advisors LLC's portfolio, making NVIDIA its 17th biggest holding.

Others have also boosted their stakes in NVIDIA during the first quarter. Summit Global Investments increased its position by 8.5%, while Rice Partnership LLC grew its holdings by 2.0%. Alpha Zero LLC and Maimon Wealth Management LTD. also made notable purchases, increasing their positions by 9.9% and 5.7%, respectively.