NVIDIA Sees Significant Institutional Investor Activity Amid Forecast of Growing Chip Demand

NVIDIA Corporation's stock has seen significant changes in ownership among institutional investors. According to a recent disclosure, Retirement Planning Group LLC increased its holdings by 16.9% during the second quarter. The firm acquired an additional 10,465 shares, bringing its total stake to 72,509 shares worth $14,508,000.

This is not an isolated case; several other institutional investors have also made changes to their positions in NVDA. Bank of America Corp DE grew its holdings by 2.1% and now owns 191,200,989 shares valued at $33,345,453,000. Invesco Ltd. increased its stake by 0.3%, owning 143,239,504 shares worth $26,714,167,000.

Additionally, J. Stern & Co. LLP significantly expanded its position in NVIDIA, with a 13,709.1% increase in the fourth quarter. The company now owns 125,760,307 shares valued at $23,454,297,000. Amundi also increased its stake by 10.4%, owning 133,768,018 shares worth $23,329,141,000.