Entropy Technologies, LP Reduces NVIDIA Stake in Latest 13F Filing

Entropy Technologies, LP Reduces NVIDIA Stake in Latest 13F Filing

In its most recent SEC 13F filing, Entropy Technologies, LP disclosed a reduction in its position in NVIDIA (NASDAQ: NVDA), one of the leading companies in the electronics industry. The hedge fund sold 21,740 shares of NVIDIA, reflecting a significant move in its portfolio strategy. Despite this reduction, NVIDIA still represents 0.8% of Entropy Technologies' overall portfolio, with a market value of $11.59 million.

Deep Dive into the Trade

Entropy Technologies’ decision to sell shares of NVIDIA marks a notable shift in its investment approach. The fund maintained the same percentage allocation in its portfolio, suggesting that the sale could be part of a broader portfolio rebalancing effort. The market value of the remaining NVIDIA shares held by the fund is $11.59 million, while the institution’s ownership percentage of NVIDIA remains negligible at 0.0% of the total outstanding shares.

NVIDIA, a titan in the electronics sector, has been a key player in the semiconductor and AI hardware markets. This strategic reduction by Entropy Technologies may indicate a cautious stance on the stock’s valuation or a reallocation of capital to other opportunities within its portfolio.

Why is Entropy Technologies Adjusting its NVIDIA Position?

Investors often wonder about the rationale behind such moves. While Entropy Technologies has not disclosed specific reasons, potential factors could include profit-taking after NVIDIA’s strong performance in recent quarters, concerns over valuation, or a shift in focus toward other sectors or industries.

How Much of NVIDIA Does Entropy Technologies Own?

As of the latest filing, Entropy Technologies owns a stake in NVIDIA worth $11.59 million, accounting for 0.8% of its total portfolio. However, the fund’s ownership of NVIDIA shares remains negligible relative to the company’s total outstanding shares, highlighting its position as a minor shareholder.

Portfolio Impact

This adjustment in NVIDIA holdings suggests that Entropy Technologies is actively managing its portfolio to optimize returns. By reducing its exposure to NVIDIA while maintaining the same percentage allocation, the firm may be signaling confidence in its diversified strategy.

For a comprehensive look at Entropy Technologies, LP’s portfolio and historical 13F data, view their full real-time portfolio here.