Nvidia (NVDA) on Friday disclosed its latest equity holdings, and the reveal led to some wild swings in the fortunes of companies that saw their shares bought or sold by the chip giant.
The biggest winner on Friday were shares of WeRide (WRD), a Chinese autonomous driving play, that saw its stock nearly double after Nvidia disclosed a new stake in the company of around 1.8 million shares, worth about $57 million at Friday’s market prices.
WeRide stock rose 83.5% on the day.
Nebius Group (NBIS), a Netherlands-based AI company that was split out of Russian search giant Yandex last year, saw its stock rise as much as 14% after Nvidia disclosed a new 1.2 million share position worth about $56 million at Friday’s market prices. The stock settled up 6.7% on the session.
Nvidia declined to comment on the changes to its equity portfolio.
On the flip side, Serve Robotics (SERV) stock was getting hammered, falling 39.4% after Nvidia disclosed that it closed out its position in the robotics company during the fourth quarter.
SoundHound (SOUN) stock also fell 28.1% after Nvidia disclosed it sold the rest of its holdings in the AI voice company.
Nvidia also disclosed it sold about half of its stake in Arm Holdings (ARM), leaving the company with about 1.1 million shares of the chip designer worth about $175 million at current prices. Arm stock fell just over 3% on Friday.
The value of Nvidia’s portfolio stood at roughly $305 million at the end of the year, according to Friday’s filing.
Investors are required to file a 13F with the SEC if their holdings exceed $100 million, with these disclosures coming roughly 45 days after the end of a given quarter.
Nvidia’s holdings, as a result, may have changed in past six weeks, and it may have increased, decreased, closed, or initiated new positions since the start of the year.
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