London-based hedge fund Egerton Capital, led by John Armitage, significantly increased its investment in NVIDIA (NVDA) during the second quarter of 2026. The fund purchased an additional 740,000 shares, a 27.77% increase, bringing its total holdings to 3.42 million shares. The position was valued at approximately $683.9 million as of June 30.
This trade information comes from a quarterly 13F filing released on July 21, which discloses positions held at the end of the previous quarter. The move reflects activity between April and June, a period of high anticipation for the chipmaker's continued growth in the AI sector. [3, 8] Egerton's increased stake made NVIDIA its sixth-largest holding, accounting for 6.61% of its reported portfolio.