Will This New NVIDIA Contract Cause These Top Institutional Shareholders to Buy?

So far this year, NVIDIA Corporation’s (NASDAQ:NVDA) shares are up 5.49 percent. The company announced it will supply chips to Lenovo Group Ltd. (LNVGY) for a device running Microsoft Corp.’s (NASDAQ:MSFT) Windows RT operating system.  This gives Nvidia another partner as its moves into mobile devices.

Earlier last week, the company released a strong second quarter report and third-quarter revenue guidance thanks to benefits seen with its new graphics processor and move into the mobile market.

With its relationship with Lenovo and strong second quarter earnings, will NVIDIA’s largest shareholders increase their holdings? 220 institutional firms indicated owning shares of NVIDIA Corporation (NASDAQ:NVDA) in Q2 2012. These firms reported owning a total of 65.484 million shares on 06/30/2012. The shares closed at $13.82 on 06/30/2012.

Here are the ten largest positions in NVIDIA Corporation at the end of June 30th, 2012.

Alliancebernstein L.P. held 9,332,896 shares on 06/30/2012 worth $128,980,620. This brought the portfolio total to 0.15%.

Bank of New York Mellon Corp held 6,083,355 shares on 06/30/2012 worth $84,071,964. This brought the portfolio total to 0.03%.

Contrarius Investment Management Ltd held 4,479,132 shares on 06/30/2012 worth $61,901,603. This brought the portfolio total to 7.74%.

JPMorgan Chase & Co held 3,916,624 shares on 06/30/2012 worth $54,127,742. This brought the portfolio total to 0.02%.

Thrivent Financial for Lutherans held 3,248,215 shares on 06/30/2012 worth $44,890,330. This brought the portfolio total to 0.35%.

APG All Pensions Group NV held 2,800,813 shares on 06/30/2012 worth $38,707,235. This brought the portfolio total to 0.14%.

Credit Suisse AG/ held 2,486,591 shares on 06/30/2012 worth $34,364,687. This brought the portfolio total to 0.04%.

State of Wisconsin Investment board held 1,891,897 shares on 06/30/2012 worth $26,146,016. This brought the portfolio total to 0.11%.

UBS Global Asset Management Americas Inc held 1,450,602 shares on 06/30/2012 worth $20,047,319. This brought the portfolio total to 0.02%.

Mitsubishi UFJ Trust & Banking Corp held 1,282,613 shares on 06/30/2012 worth $17,725,711. This brought the portfolio total to 0.05%.

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To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

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