Soros Fund Management and Appaloosa Management sharply boosted their Nvidia holdings in Q2, underscoring conviction in the chipmaker’s central role in the AI boom.
Soros Fund: Bought 932,539 Nvidia shares (including puts and calls), a 1,600%+ increase, lifting total to 990,292 shares.
Appaloosa: Added 1.45M Nvidia shares, up 483%, bringing total to 1.75M shares.
Both funds also increased stakes in struggling health insurer UnitedHealth Group (guess who else bought these?), whose shares jumped 8.2% after hours but remain down 46.3% year-to-date.
Nvidia shares slipped 0.2% after hours Thursday but are up 35.5% YTD.
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ps. the guess who is Berkshire Hathaway in case you didn't wanna click ;-)
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