By Sean Williams
Publication Date: 2026-02-23 09:06:00
High-profile billionaire money managers are selling shares of artificial intelligence (AI) titan Nvidia — and profit-taking may not tell the whole story.
You might not realize it, but one of the most important data releases of the entire quarter took place last week. Feb. 17 marked the filing deadline for institutional investors with at least $100 million in assets under management to file Form 13F with the Securities and Exchange Commission (SEC).
A 13F provides a concise snapshot of the stocks Wall Street’s savviest money managers, including high-profile billionaire investors, bought and sold in the latest quarter (i.e., the fourth quarter). Although artificial intelligence (AI) stocks have played a key role in lifting Wall Street to new heights, 13Fs show that select billionaire fund managers were active sellers of Nvidia (NVDA +0.94%) stock ahead of its fourth-quarter earnings report.
Image source: Getty Images.
Four billionaires sent shares of AI titan Nvidia to the chopping block
According to 13Fs filed with the SEC, four high-profile billionaire investors pared down their exposure to Nvidia during the fourth quarter, including:
- Israel Englander of Millennium Management: 3,038,895 shares sold
- Chase Coleman of Tiger Global Management: 698,000 shares sold
- Philippe Laffont of Coatue Management: 667,405 shares sold
- David Tepper of Appaloosa: 200,000 shares sold
Some of this selling may be nothing more than profit-taking. Since the start of 2023, shares of Nvidia…
