Soros Fund Administration and Appaloosa Administration sharply boosted their Nvidia holdings in Q2, underscoring conviction within the chipmaker’s central function within the AI growth.
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Soros Fund: Purchased 932,539 Nvidia shares (together with places and calls), a 1,600%+ improve, lifting whole to 990,292 shares.
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Appaloosa: Added 1.45M Nvidia shares, up 483%, bringing whole to 1.75M shares.
Each funds additionally elevated stakes in struggling well being insurer UnitedHealth Group (guess who else purchased these?), whose shares jumped 8.2% after hours however stay down 46.3% year-to-date.
Nvidia shares slipped 0.2% after hours Thursday however are up 35.5% YTD.
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ps. the guess who’s Berkshire Hathaway in case you did not wanna click on 😉
This text was written by Eamonn Sheridan at investinglive.com.
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