Q2 filings reveal Tepper added to NVDA, Loeb exited entirely, and Soros hedged a $213 million stake with puts.
Three billionaire investors took opposing positions on NVIDIA (NVDA) in Q2, according to regulatory filings. David Tepper increased his stake by 53,500 shares, bringing his total to 1.525 million shares valued at $305,137,250. Dan Loeb sold all 190,000 NVDA shares, while George Soros opened put options on his $213 million long position, holding 1 million shares as a hedge.
NVDA closed at $225.16 on August 14, 2026, up 12.53% from its June 30 price of $200.09. Analysts maintain a consensus target of $303, with 85% odds of a new all-time high by year-end. The divergent moves highlight uncertainty despite strong market sentiment.
The filings, covering positions as of June 30 and disclosed on August 14, show elite managers reaching contrasting conclusions on the AI-driven chipmaker’s outlook. Tepper’s addition signals continued confidence, while Loeb’s exit and Soros’s hedging suggest caution.