By Trevor Jennewine, The Motley Fool
Publication Date: 2026-02-21 09:22:00
Billionaire Israel Englander runs Millennium Management, a hedge fund that outperformed the S&P 500 (SNPINDEX: ^GSPC) by 38 percentage points over the last three years.
In the fourth quarter, Englander sold 3 million shares of Nvidia (NASDAQ: NVDA), trimming his position 17%. He also bought 543,300 shares of Palantir Technologies (NASDAQ: PLTR), doubling his stake.
Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »
While Englander is a good source of inspiration, the fourth quarter ended about 50 days ago, so investors need to reassess both stocks before making the same trades. Here are the important details.
Nvidia dominates the market for artificial intelligence (AI) infrastructure. While the company is best known for graphics processing units (GPUs), chips that accelerate AI applications, its greatest strength lies in vertical integration. Nvidia pairs superior GPUs with adjacent data center hardware and software development tools to provide a turnkey solution for AI.
Why does that matter? Nvidia can optimize the performance and power efficiency of data center infrastructure at the system level rather than the component level, which often means its computing platforms come with a lower total cost of ownership (TCO) despite high upfront costs. CEO…
