Hedge funds that have increased their bets on Nvidia have paid off quite well.

According to position information, many well-known hedge funds increased their bets on Nvidia in the fourth quarter of last year and are expected to reap high profits from this year's increase.

According to reports, the hedge fund Arrowstreet Capital increased its holdings of Nvidia shares by nearly 4 million shares in the fourth quarter of last year, reaching 2.1 billion US dollars by the end of last year. If the company continues to hold, it has already made a profit of at least 1 billion US dollars since this year; Bridgewater Associates, the world's largest hedge fund, also increased its holdings by at least 220,000 shares in the fourth quarter, four times the original shareholding. If it continues to hold, the company will profit more than 65 million US dollars.

There are also hedge funds that “missed out” on profits by reducing their Nvidia holdings prematurely. Hedge funds D1 Capital Partners and Coatue sold about 146,000 shares and 219,000 Nvidia shares respectively in the fourth quarter. Tiger Global, a subsidiary of Chase Coleman, not only sold 142,900 Nvidia shares, but also reduced their holdings of the “Seven Sisters” technology stocks, increasing their holdings of TSMC's new shares by nearly 1 million shares.

Last year, Nvidia's stock price soared 230% throughout the year, making it a favorite stock in the hedge fund industry. Since the beginning of the year, Nvidia's stock price has risen by more than 46%. Recently, the company's market capitalization has surpassed Amazon and Google's parent company Alphabet, once reaching 1.83 trillion US dollars, boosting it to become the third largest company in the US stock market.

Editor/Somer