"The Rothschilds have reduced their position in Nvidia!
Benjamin Melman, Global Chief Investment Officer (CIO) of the fund manager Edmond de Rothschild, has revealed that the firm has been overweight in Nvidia since late 2020, but has now partially taken profits and now holds a "much smaller position"
Eight years of ownership, during which it has "paced" its additions and deletions
The position in Nvidia was increased in 2015 when Nvidia's results first exploded. At one point the position was as high as more than 1.6 million shares.
In the slow rise in Nvidia's share price, the holding was finally reduced to less than 10,000 shares in the first quarter of 2018. By this time, though, Nvidia shares had also risen from near $4 in 2015 to near $60, an estimated 15-fold increase.
After 2018, the ups and downs of virtual currencies sent Nvidia's share price on a rollercoaster ride. late 2021 saw the collapse of virtual currencies, which saw Nvidia's share price slump for a time as well.
During this period, Edmond de Rothschild seems to have "stepped in" to increase and decrease his position each time.
Then in late 2022 he plunged 200,000 shares of Nvidia ..... This really is a bottom ..... I basically bought at the lowest point and told everyone today that I sold out
U.S. valuations are here, but the A-share is going under license!
Another hair first Nvidia EVP, CFO Kress Colette also on May 30, 2023 U.S. time ongoing sale of the company's equity. Sure enough, the leader goes first
Benjamin Melman, Global Chief Investment Officer (CIO) of the fund manager Edmond de Rothschild, has revealed that the firm has been overweight in Nvidia since late 2020, but has now partially taken profits and now holds a "much smaller position"
Eight years of ownership, during which it has "paced" its additions and deletions
The position in Nvidia was increased in 2015 when Nvidia's results first exploded. At one point the position was as high as more than 1.6 million shares.
In the slow rise in Nvidia's share price, the holding was finally reduced to less than 10,000 shares in the first quarter of 2018. By this time, though, Nvidia shares had also risen from near $4 in 2015 to near $60, an estimated 15-fold increase.
After 2018, the ups and downs of virtual currencies sent Nvidia's share price on a rollercoaster ride. late 2021 saw the collapse of virtual currencies, which saw Nvidia's share price slump for a time as well.
During this period, Edmond de Rothschild seems to have "stepped in" to increase and decrease his position each time.
Then in late 2022 he plunged 200,000 shares of Nvidia ..... This really is a bottom ..... I basically bought at the lowest point and told everyone today that I sold out
U.S. valuations are here, but the A-share is going under license!
Another hair first Nvidia EVP, CFO Kress Colette also on May 30, 2023 U.S. time ongoing sale of the company's equity. Sure enough, the leader goes first