HB Wealth Management 13F: Adds $33M to NVIDIA (NVDA) Stake

HB Wealth Management grew its stake in NVIDIA Corporation NVDA by picking up 143,280 shares during the quarter, according to a Form 13F filing with the SEC on October 23, 2026. The purchase lifted the firm's holdings by 12.5%, bringing its total position to 1,285,748 shares. The reported value of the stake reached $293,639,071 at the end of the period, up from its previous count of 1,142,468 shares. NVIDIA Corporation closed at $210.96 on the day of the filing.

NVDA NVIDIA Corporation

$212.21 ▲ +12.63% year to date

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Daily close · Oct 22, 2026

What Changed in HB Wealth Management's NVIDIA Corporation Position

The fund added 143,280 shares to its portfolio, marking a 12.5% increase from the prior quarter. That brought its overall investment in the semiconductor giant to 1,285,748 shares. The total value of the holdings was reported at roughly $293.6 million in the October 23 filing.

Other Institutional Activity in NVIDIA Corporation

Other large investors adjusted their positions in NVIDIA Corporation around the same time. Evergreen Capital Management grew its holdings by 257,961 shares, ending with 711,641 shares worth about $162.7 million. BSN Capital Partners reduced its stake by 697,044 shares, finishing with 672,819 shares valued at about $148.9 million. Simplicity Wealth, LLC boosted its holdings by 36,928 shares, ending with 313,837 shares worth about $71.7 million. Mondrian Investment Partners opened a new position by purchasing 109,384 shares valued at about $24.9 million.

Analysts Set New Price Targets

Wall Street firms updated their views on NVIDIA Corporation ahead of the filing. On September 4, 2026, Rosenblatt maintained a buy rating with a target of $390.00. Piper Sandler initiated coverage on September 10, 2026, with an overweight rating and a $300.00 price target. Later, Rosenblatt reiterated its buy rating at $390.00 on September 29, 2026. Cantor Fitzgerald reiterated an overweight rating with a $350.00 price target on October 1, 2026. Needham reiterated its buy rating with a $300.00 price target on October 22, 2026. Overall, the stock carries a strong buy recommendation from 58 analysts with a mean price target of $328.95.

About NVIDIA Corporation

NVIDIA Corporation designs advanced accelerated computing and networking systems for data centers, artificial intelligence platforms, and automotive applications worldwide. The company builds hardware and software that power modern AI infrastructure across multiple global markets.

Bottom Line

Institutional investors continue to adjust large positions in NVIDIA Corporation as the market watches for its upcoming financial results. Investors will look toward the next earnings update scheduled for November 17, 2026, for further insight into the company's growth trajectory.