NVIDIA Sees Significant Shifts in Institutional Ownership Amid AI Boom
NVIDIA Corporation's (NASDAQ:NVDA) shares have been subject to significant changes in ownership among hedge funds and other institutional investors. According to the latest 13F filing with the Securities and Exchange Commission, Two Sigma Securities LLC decreased its position in NVIDIA by 61.3% during the 2nd quarter.
The fund owned 3,849 shares of the computer hardware maker's stock after selling 6,103 shares during the quarter. The value of Two Sigma Securities LLC's holdings in NVIDIA was approximately $770,000 as of its most recent filing with the SEC.
This is not an isolated incident; several other hedge funds have also modified their holdings of NVIDIA in recent periods. For example, J. Stern & Co. LLP boosted its holdings in NVIDIA by 13,709.1% in the 4th quarter and now owns approximately $23.45 billion worth of shares.