Business & Economy · 3 views
Jane Street more than doubled its Nvidia stake last quarter, filings reveal
Jane Street, one of Wall Street’s leading quantitative trading firms, more than doubled its Nvidia holdings in the third quarter, according to regulatory filings released Thursday and reviewed by Fortune.
AI Summary
Jane Street more than doubled its Nvidia position in the third quarter, according to regulatory 13F filings released Thursday. The market‑maker held 23.8 million shares valued at about $5.44 billion at quarter‑end, up from 11.8 million shares worth $2.4 billion in the prior quarter. The filings capture the holdings as of Sept. 30, just weeks before Nvidia CEO Jensen Huang resigned amid reports of extramarital affairs and alleged Chinese espionage connections, events that have pushed Nvidia shares down nearly 13% to a 17‑month low. Nvidia remains Jane Street’s second‑largest holding after the SPDR S&P 500 ETF Trust.
AI summaries can be wrong sometimes—always verify important details using the source article.
How AI & Automation are usedMore from Business & Economy
Continue reading recent Business & Economy coverage
- A visit to my 85-year-old dad prompted me to move my family back to the US. I wasn't prepared for caregiving.Continue reading
- ‘The thought of living to 100 terrifies me’: Is Social Security a giant Ponzi scheme?Continue reading
- At a major Silicon Valley AI conference, VCs and CEOs grapple with a future without Jensen HuangContinue reading
- Howard Lutnick Took Softer Line on Nvidia as Calls for Tougher Controls GrewContinue reading
Support HappeningNow
Independent AI-powered news analysis is reader-supported. Your contribution helps cover infrastructure, summaries, and continued platform development.
Support HappeningNow