Braun Stacey Associates Inc. Has $208.07 Million Position in NVIDIA Corporation $NVDA

Braun Stacey Associates trimmed its stake in NVIDIA (NVDA.OQ) by 1.1% to 1,115,635 shares, a holding valued at about $208.07 million and representing 6.7% of the fund’s portfolio, per its latest 13F. The piece notes broad institutional accumulation — large buys by State Street, Geode, Norges Bank and others — and 65.27% institutional ownership overall, supporting continued demand. Market catalysts cited include strong quarterly results (EPS beat and +73% revenue growth), analyst price-target upgrades and bullish technical setups (move back above $200), which are attracting trend-following flows. Offsetting risks include insider selling, notable put buying/hedging and rising competition from AMD, Intel and Broadcom. Overall the article highlights mixed near-term signals but a momentum-driven bullish backdrop for NVDA.