NVIDIA Stock Holdings Shift as Institutional Investors Adjust Stakes
NVIDIA Corporation (NASDAQ:NVDA) has seen significant changes in its stock holdings by various institutional investors, according to recent SEC filings. Sarasin & Partners LLP reduced its stake in NVIDIA by 6.8% during Q2, selling 311,030 shares and now holding 4,235,829 of the company's stock, worth $847,547,000.
This reduction makes NVIDIA comprise only 9.9% of Sarasin & Partners LLP's holdings, down from its largest position. Other institutional investors have also made adjustments to their positions in NVIDIA, including Norges Bank, which acquired a new stake valued at $62,244,133,000 during Q4.
J. Stern & Co. LLP significantly increased its position by 13,709.1% during the same period, owning 125,760,307 shares worth $23,454,297,000. Cardano Risk Management B.V. also boosted its stake by 896.4%, holding 78,123,960 shares valued at $14,570,119,000.
The company's stock price has been affected by various market factors, including Asian circuit breakers and currency-related selling, which have put pressure on semiconductor shares. However, NVIDIA's strong earnings performance and growing demand for its products continue to drive investor interest.