NVDA update 2025-12-25

Date: December 25, 2025 Event Type: News

Executive Summary

Recent 13F filings reveal mixed activity from institutional investors regarding NVIDIA (NVDA) stock. While Baker Tilly Wealth Management increased its stake, Astoria Portfolio Advisors and Central Bank & Trust Co. reduced their holdings. This suggests a divergence in institutional sentiment surrounding the stock.

Key Takeaways

Point 1: Baker Tilly Wealth Management increased its NVDA holdings by 4.9%, adding 3,037 shares for a total of 65,446 shares. This indicates a positive outlook on NVDA's future performance from Baker Tilly.
Point 2: Astoria Portfolio Advisors LLC. decreased its NVDA position by 5.3%, selling 4,858 shares to hold 87,510 shares. This reduction could be due to portfolio rebalancing, profit-taking, or a change in their investment thesis.
Point 3: Central Bank & Trust Co. significantly reduced its NVDA stake by 6.8%, selling 29,295 shares to own 398,593 shares. This is a more substantial reduction than Astoria's and could reflect a more cautious stance towards NVDA's valuation or growth prospects.

Thesis Impact

Status: Unchanged
Reasoning: The news presents a mixed picture. While Baker Tilly's increased stake is a positive signal, the reductions by Astoria and Central Bank & Trust introduce uncertainty. However, the overall long-term thesis for NVDA, driven by its leadership in AI, data centers, and gaming, remains largely intact. The stock is subject to institutional portfolio management strategies that can influence short term volume. A small percentage decrease in ownership is not necessarily indicative of any change to the long term outlook.

Valuation Update

Previous Fair Value: $900
New Fair Value: $900
Current Price: $880 (Hypothetical - Replace with actual current price)

Action Plan

Decision: Hold
Rationale: The mixed institutional activity doesn't warrant a change in our current position. The long-term growth drivers for NVDA remain strong. The reductions in holdings by some institutions could present buying opportunities if the stock price dips, but we should monitor future filings and earnings reports for more conclusive trends.

Executive Summary

Key Takeaways

Point 1: Baker Tilly Wealth Management increased its NVDA holdings by 4.9%, adding 3,037 shares for a total of 65,446 shares. This indicates a positive outlook on NVDA's future performance from Baker Tilly.

Point 2: Astoria Portfolio Advisors LLC. decreased its NVDA position by 5.3%, selling 4,858 shares to hold 87,510 shares. This reduction could be due to portfolio rebalancing, profit-taking, or a change in their investment thesis.

Point 3: Central Bank & Trust Co. significantly reduced its NVDA stake by 6.8%, selling 29,295 shares to own 398,593 shares. This is a more substantial reduction than Astoria's and could reflect a more cautious stance towards NVDA's valuation or growth prospects.

Thesis Impact

Status: Unchanged

Reasoning: The news presents a mixed picture. While Baker Tilly's increased stake is a positive signal, the reductions by Astoria and Central Bank & Trust introduce uncertainty. However, the overall long-term thesis for NVDA, driven by its leadership in AI, data centers, and gaming, remains largely intact. The stock is subject to institutional portfolio management strategies that can influence short term volume. A small percentage decrease in ownership is not necessarily indicative of any change to the long term outlook.

Action Plan

Decision: Hold

Rationale: The mixed institutional activity doesn't warrant a change in our current position. The long-term growth drivers for NVDA remain strong. The reductions in holdings by some institutions could present buying opportunities if the stock price dips, but we should monitor future filings and earnings reports for more conclusive trends.