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Institutional Investors Trim NVIDIA Holdings in Second Quarter as Total Institutional Ownership Holds at 65.27%

Institutional investors reduced stakes in NVIDIA Corporation during the second quarter, latest Form 13F filings show, though total institutional ownership held steady at 65.27%. OMERS Administration Corp sold 815,634 shares to retain 3,964,779 shares worth $793.31 million, while Osmosis Investment Management cut its position by 51.6%, selling 851,538 shares. Trims were also reported by Panview Capital, Leigh Baldwin & Co., and Evolve Private Wealth. The position adjustments follow strong quarterly financial results from NVIDIA, which posted $96.22 billion in revenue, diluted EPS of $2.22, and approved a $150 billion share repurchase plan.

Category

NVIDIA

Sentiment

Neutral

Event

Analyst flows

Reading time

1 min