Suncoast Equity Management Trims NVIDIA Stake by 8.9%
Suncoast Equity Management decreased its position in NVIDIA Corporation (NASDAQ:NVDA) by 8.9% in the second quarter, according to a recent filing with the Securities and Exchange Commission.
The institutional investor owned 395,024 shares of the computer hardware maker's stock after selling 38,434 shares during the quarter.
NVIDIA accounts for approximately 9.9% of Suncoast Equity Management's holdings, making it the company's largest position, with a value of $79,040,000 at the end of the most recent quarter.