Nvidia Equity Portfolio Shifts Spark Market Volatility
Santa Clara, Calif. - Nvidia (NVDA) disclosed its most recent equity holdings on Friday, triggering significant price fluctuations among companies affected by the tech giant's investment decisions.
Winners and Losers
WeRide (WRD), a Chinese autonomous driving firm, emerged as the biggest beneficiary. Nvidia's acquisition of 1.8 million shares sent the stock soaring by nearly 100% during early trading. Nebius Group (NBIS), an AI company spun off from Yandex, also saw a 14% surge following Nvidia's purchase of 1.2 million shares.
Conversely, Serve Robotics (SERV) faced a steep decline of up to 40% as Nvidia closed its position in the company during the fourth quarter. SoundHound (SOUN) also suffered losses of up to 23% after Nvidia divested its remaining stake in the AI voice developer.
Arm Holdings Sale
Nvidia reduced its investment in Arm Holdings (ARM) by half, retaining 1.1 million shares worth approximately $175 million. ARM's stock experienced a 4% drop on Friday.
Portfolio Value
Nvidia's equity portfolio was valued at around $305 million at the end of the year, according to the Friday filing.
Disclosure Requirements
Investors with holdings exceeding $100 million are obligated to file a 13F with the SEC, with disclosures occurring approximately 45 days after the end of a quarter. Consequently, Nvidia's portfolio may have undergone further changes in the six weeks since the filing was made.