Trivest Advisors Doubles Down on NVIDIA With $89 Billion Bet

NVIDIA Corporation (NASDAQ:NVDA) has seen significant activity in its stock ownership by institutional investors. Trivest Advisors Ltd, a fund that owns NVIDIA shares, increased its holdings by 23.4% during the second quarter, according to its Form 13F filing with the Securities and Exchange Commission.

The fund now owns 444,160 shares of NVIDIA's stock, which is valued at $88,872,000 at the end of the most recent quarter. This represents about 2.8% of Trivest Advisors Ltd's investment portfolio, making it the company's 7th biggest holding.

Other institutional investors have also made changes to their positions in NVIDIA. Uptick Partners LLC boosted its holdings by 8.8%, Madison Asset Management LLC raised its holdings by 9.0%, and Csenge Advisory Group increased its holdings by 4.1% during the second quarter.