David Tepper and Rausing Family Increase Nvidia Stakes Amid Market Changes

NVIDIA Corp (NVDA) has captured the attention of investors on Wall Street since 2020, with its stock price surging an impressive 1,800% during the “AI boom.” However, Nvidia faced a decline in its stock price this January after the emergence of a competitor, the Chinese AI company DeepSeek, which successfully developed its own AI model.

Bullish Investors: Recent reports indicate a mix of investor confidence in Nvidia ahead of potential stock volatility. According to 13F filings released on a Friday, family offices have disclosed their holdings as of December 31, 2024. These filings are compulsory and must be submitted 45 days after the end of each quarter, preceding the news about DeepSeek’s AI advancements.

The Rausing family’s investment firm, Longbow Finance, boosted its investment in Nvidia during the fourth quarter. They acquired an additional 120,000 shares, bringing their total stake to approximately $87 million. Another family office linked to the Rausings, Alta Advisers, also increased its holdings with the purchase of 11,900 shares.

Billionaire hedge fund manager David Tepper also reaffirmed his commitment to Nvidia, with his investment group, Appaloosa, purchasing 55,000 additional shares in the last quarter of the previous year. This demonstrates significant confidence from some of the wealthiest investors in the market.

Pulling Back from Nvidia: In contrast, some investors have chosen to reduce their exposure to Nvidia before the negative impact from DeepSeek’s news was anticipated. For instance, Kemnay Advisory Services, which manages the wealth of billionaire Alan Parker, sold about 26,000 shares of Nvidia during the fourth quarter.

Nvidia’s stock performance has remained relatively stable in the early months of the year, with its trading levels largely unaffected since the initial downturn.

Looking Ahead:

• Market Analysts Remain Optimistic on Nvidia's Revenue Growth and Market Share Expansion

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Nvidia, Investors, Stocks