NVIDIA Stake Cut as Institutional Investors Shift Holdings
NVIDIA Corporation (NVDA) has seen significant changes in its shareholder base, particularly among institutional investors. Bellevue Asset Management LLC, a major investor in NVDA, has reduced its stake in the company by selling 5,902 shares during the 2nd quarter.
According to its most recent Form 13F filing with the Securities & Exchange Commission, Bellevue Asset Management LLC's position in NVIDIA decreased by 43.9% during the period. The firm now owns 7,547 shares of NVDA's stock, valued at $1,510,000.
Other institutional investors have also made significant changes to their positions in NVIDIA. REAP Financial Group LLC increased its stake by 21.1% during the second quarter, while Journey Advisory Group LLC lifted its holdings by 18.1%. Blueprint Investment Partners LLC also increased its position by 53.4%