Hedge funds Citadel and DE Shaw slashed their holdings in Nvidia ahead of this month’s stock market rout while Renaissance and Marshall Wace added to their positions, in a sign of sharp divisions among managers over the outlook for the chipmaking giant.
Citadel, the most successful hedge fund of all time, ditched around 9mn shares in the second quarter of this year to take its holding to $300mn at June end, down from $1bn at the end of March, according to US regulatory filings. DE Shaw more than halved its holding to $1.4bn worth of shares by the end of June.
And Paul Singer’s Elliott Management, which recently warned investors that Nvidia was in a “bubble” and AI was “overhyped”, ditched its entire holding of 50,000 shares.
您已閱讀20%（733字），剩餘80%（2922字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。