Institutional Investors Boost Nvidia Holdings Amid Market Volatility

Recent reports reveal significant activity among institutional investors regarding NVIDIA Co. (NASDAQ: NVDA), particularly amid ongoing interest in AI technologies. Rappaport Reiches Capital Management LLC and Apeiron RIA LLC both increased their stakes in NVIDIA, with Rappaport adding 2.2% and Apeiron raising its holdings by 10.3% in the fourth quarter. Notably, billionaire David Tepper's Appaloosa Management purchased 55,001 shares of NVIDIA, marking an 8.8% increase in its stake, reversing earlier sell-offs. This renewed confidence reflects NVIDIA's pivotal role in powering AI applications, with its GPUs being favored by major tech companies. Other hedge funds, including Legal & General and Ameriprise, also significantly boosted their investments in NVIDIA during the same period, underscoring a broader trend of institutional support for the company. Amid this volatility, some investors have shown caution, with a few pulling back on their NVIDIA holdings before recent developments.