Versant Capital Reduces Stake in NVIDIA by 3.7%
Versant Capital Management Inc recently disclosed its latest portfolio adjustments in NVIDIA Corporation (NASDAQ: NVDA) shares. In the second quarter, the company sold 3,556 shares of NVIDIA stock.
The sale resulted in a decrease of approximately 3.7% in Versant Capital's overall stake in NVIDIA. At the end of the quarter, the firm owned 92,349 shares of NVIDIA stock, valued at around $18.5 million according to its most recent SEC filing.
This represents about 1.7% of Versant Capital Management Inc's total portfolio holdings and makes NVIDIA its 12th largest holding. The sale is part of ongoing adjustments by the company in its investment portfolio.