Stock Market: Institutions Liquidate Over 70 Billion Dollars of Nvidia Shares

Nvidia remains a heavyweight in the American stock market, but a clear signal has emerged from institutional portfolios. In the fourth quarter of 2025, thousands of funds reduced their exposure, even though the group retains a massive hold on the capital. Institutions liquidated more than 70 billion dollars of Nvidia shares in the fourth quarter of 2025. According to data relayed by Finbold from institutional holdings, 2,627 funds lightened their positions, for a total of 440,075,433 shares sold, or approximately 73.5 billion dollars based on a price close to 167 dollars.

A Profit Taking That Does Not Look Like a General Escape

This movement impresses by its scale, but it does not tell a total abandonment of Nvidia. At the same time, 3,090 institutions on the contrary strengthened their positions by buying over 648 million shares. 352 others remained unchanged. The institutional market therefore has not spoken with one voice.

In other words, it is less a sudden rejection than a major rebalancing. Some managers took their gains after a prolonged euphoria phase on AI. Others chose to take advantage of the pullback to strengthen themselves. This asymmetry is important because it avoids an overly dramatic interpretation.

Notable sellers mentioned include FMR, JPMorgan Chase, Price T. Rowe Associates, Northern Trust, and UBS Asset Management. These are heavyweight names. When such actors reduce scale, the message is never trivial. But it is also not a definitive verdict against the company.

Nvidia Remains Solidly Held by Major Investors

Despite these sell-offs, Nvidia remains a stock dominated by institutions. Finbold indicates that they still control 67.75% of the capital, for a total estimated value of about 2,760 billion dollars and over 16.46 billion shares held. Market power therefore remains concentrated in the hands of large funds.

This is where the case becomes more subtle. When institutions sell this much while remaining ultra-dominant, it often means they are adjusting the pace, not necessarily the fundamental conviction. They may lighten a position that has become too heavy without abandoning the main story.

This nuance matters in the stock market. Nvidia is not a small fragile stock that falters at the first breeze. It is a giant still considered central in the AI cycle. The institutional pullback looks more like a breath under tension than a stage exit.

The Stock Pulls Back, But Results Remain Exceptional

The recent stock price drop, however, fuels doubts. Nvidia closed at 167.52 dollars on March 27, 2026, down about 2% for the session, and the stock remains close to 10% below its start-of-year level, after starting 2026 around 186.50 dollars. It also trades well below its October 2025 peak, near 207 dollars.

The stock market is penalizing several things at once. There is profit-taking. There is also rotation out of tech megacaps. And then there is an old question that keeps coming back when a stock rises too fast: how long can the valuation hold before needing a pause.

Yet, on the operational front, Nvidia does not show a weakened profile. The group published a record revenue of 215.9 billion dollars for its fiscal year 2026, up 65%. In the fourth quarter alone, revenue reached 68.1 billion, a 73% year-over-year increase.

The Real Engine Remains AI, and It Is Far from Stalling

The heart of the machine remains the Data Center segment. Nvidia generated 62.3 billion dollars in quarterly revenue there, a 75% increase year-over-year. This activity represents more than 91% of total sales for the quarter. It is massive. And this confirms that the company now depends almost entirely on global demand for AI infrastructure.

At the GTC 2026 conference, Jensen Huang raised the tone again. The CEO indicated he sees at least 1,000 billion dollars in cumulative revenue related to the Blackwell and Vera Rubin platforms over the 2025-2027 period, a sign he continues to bet on a sustainable acceleration of industrial AI.

Ultimately, it is this contrast that makes Nvidia fascinating in the stock market today. Institutions sell in size. The stock corrects. But fundamentals remain exceptional and the growth narrative is not broken. The market has not yet decided between overvaluation and a new bullish leg. It is hesitating, which is not the same thing. Meanwhile, Ethereum attracts large investors despite a bearish market.