Institutions have dumped over $70 billion of Nvidia stock

Institutional investors significantly reduced their exposure to Nvidia (NASDAQ: NVDA) in the fourth quarter of 2025, unloading shares worth more than $70 billion.

In line with this, institutional holdings data show that 2,627 funds trimmed their positions during the quarter, collectively offloading 440,075,433 shares. 

Based on Nvidia’s trading price of around $167 at the time, the value of these reductions amounts to approximately $73.5 billion, according to the latest data retrieved by Finbold.

Despite the sizable selling activity, institutional participation in Nvidia remains dominant, with entities still controlling 67.75% of the company’s shares. Total holdings are valued at roughly $2.76 trillion, with institutional investors owning over 16.46 billion shares.

At the same time, the data reflects mixed positioning where, while thousands of funds reduced exposure, 3,090 institutions increased their stakes, buying over 648 million shares. Another 352 held steady, indicating the sell-off was not uniform.

Notable sellers included FMR LLC, JPMorgan Chase, Price T. Rowe Associates, Northern Trust, and UBS Asset Management, all of which trimmed their Nvidia holdings by the end of December 2025.

NVDA shares drop

The decline in institutional holdings has coincided with a period of weaker performance for Nvidia shares. The stock closed at $167.52 on March 27, down 2 % for the day, and is roughly 10% lower year-to-date after starting the year near $186.50. 

The semiconductor giant remains well below its October 2025 peak of $207, with the pullback driven by profit-taking, rotation out of mega-cap tech, and valuation concerns.

Despite this, Nvidia’s fiscal 2026 results were strong, fueled by AI demand. Full-year revenue rose 65% to $215.9 billion, while fourth-quarter revenue climbed 73% year over year to $68.1 billion. 

Data Center revenue reached $62.3 billion, up 75%, accounting for more than 91% of total sales. 

On the other hand, at the GTC 2026 conference, CEO Jensen Huang projected at least $1 trillion in cumulative revenue from Blackwell and next-generation Vera Rubin AI platforms through 2027, highlighting continued momentum in the AI supercycle.