NVIDIA Stock Sees Shifts in Institutional Ownership Amid Market Volatility
NVIDIA Corporation's (NVDA) stock has seen significant changes in ownership among institutional investors. According to its latest Form 13F filing, Sanders Morris Harris LLC decreased its holdings in NVIDIA by 85.3% in the second quarter, selling 154,199 shares during the period.
The institutional investor now owns 26,583 shares of NVIDIA's stock, making up 3.1% of Sanders Morris Harris LLC's portfolio and its 9th largest position. The holdings were valued at $5,319,000 as of the most recent SEC filing.
This move is part of a broader trend in which several institutional investors have adjusted their positions in NVIDIA. For example, Spectrum Financial Alliance Ltd LLC grew its stake in shares by 3.8% during the first quarter and now owns 1,395 shares valued at $243,000.