Styrax Capital Cuts NVIDIA Holdings Amid Broader Trading Activity

NVIDIA Corporation (NASDAQ:NVDA) has been a stock on the move lately, and its latest development is no exception. According to MarketBeat, Styrax Capital LP reduced its holdings in NVIDIA by 24.1% during the first quarter. This means that the fund now owns 600,000 shares of the computer hardware maker's stock after selling 190,697 shares.

The company's holdings in NVIDIA are worth $104,640,000 as of its most recent SEC filing. Styrax Capital LP's holdings in NVIDIA comprise 7.3% of the fund's total holdings, making it the fourth-largest position. This is not an isolated incident, as other large investors have also made changes to their positions in NVDA.

For example, Diversified Enterprises LLC increased its holdings in NVIDIA by 44.2% during the fourth quarter. Meanwhile, ASR Vermogensbeheer N.V. lifted its holdings in NVIDIA by 1.8% during the same period.