Best hedge fund in history sells NVDA

It’s the great unloading of Nvidia (NVDA)…

Just weeks before last month’s selloff, Citadel – the most successful hedge fund in history – quietly sold 500,000 shares.

DE Shaw, which once owned over $1 billion of Nvidia stock , slashed its position by half .

The stock has since plunged nearly 10%.

What’s happening to what was once Wall Street’s favorite company?

And most importantly – what does it mean for your money?

Every billionaire on this list has sold their Nvidia shares – some in the millions…

• Philippe Laffont of Coatue Management (2,937,060 shares)
• Ken Griffin of Citadel Advisors (2,462,716 shares)
• Israel Englander of Millennium Management (720,004 shares)
• Stanley Druckenmiller of Duquesne Family Office (441,551 shares)
• John Overdeck and David Siegel of Two Sigma Investments (420,801 shares)
• David Tepper of Appaloosa Management (348,000 shares)
• Steven Cohen of Point72 Asset Management (304,505 shares)

And now that the stock is slipping once again, millions of retail investors are left to wonder:

What do they know that I don’t?

To get the answer, I recently sat down with the 50-year Wall Street veteran who invented the indicator hedge funds use to track money flowing in and out of stocks every day. (Including NVDA.)

What he showed me is perhaps the single most important financial story of 2024… that no one off Wall Street is telling.

It involves the AI trend… over a century of market history… and a looming stock event that goes far beyond the Magnificent Seven .

I urge you to watch at least the first five minutes of our interview before market-close today. It’s 100% free when you click here.

If you currently own a single stock – NVDA or otherwise…

It’s time to move your money.

Regards,

Kelly Brown
Senior Researcher, Chaikin Analytics