Last quarter D. E. Shaw sold 12.1 million shares of Nvidia, reducing its position by about 51% in the process.

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One of the exceptions was Stephen Mandel Jr.’s Lone Pine Capital — the sixth-largest shareholder as of the end of June.

Nvidia (NASDAQ: NVDA) has been the darling of Wall Street, particularly within the AI space, and for good reason.

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Perhaps the most "bullish" sale of Nvidia stock last quarter came from one of its biggest supporters, Baillie Gifford. The ...

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