Whale Rock cuts Nvidia stake about 64% in Q2 13F filing
Whale Rock reduced its Nvidia holding in the second quarter, cutting the position from about 1.04 million shares to 377,204 shares, a decline of roughly 64%, according to its latest 13F filing. Over the same period, the hedge fund raised its Advanced Micro Devices stake from 69,211 shares to roughly 1.51 million shares. Nvidia’s market capitalization is about $5.24 trillion and the stock trades near $215, about 10% below its 52-week high.