Local Pensions Partnership Investment 13F: New $191M Stake in NVDA
Key Points
- Local Pensions Partnership's new position in NVIDIA represents 5.92% of its total reported value of $3.22 billion.
- Local Pensions Partnership Investment held 834,700 $NVDA shares at quarter end, all of it a new position.
- As of October 27, 2026, NVIDIA shares recently traded around $215.98, about equal to the $216.00 closing price on the filing date.
- The stock has a market capitalization of approximately $5.22 trillion and a P/E ratio of about 27.3.
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Local Pensions Partnership Investment took a new position in NVIDIA Corporation (NVDA) by acquiring 834,700 shares valued at approximately $190.5 million. This move was disclosed in a filing on October 26, 2026, and reflects a significant commitment to the technology and semiconductor sectors.
NVDA
NVIDIA Corporation
Where NVIDIA Fits in Local Pensions Partnership's Portfolio
This new stake represents 5.92% of Local Pensions Partnership's total reported value of $3.22 billion, ranking it 9th among the fund's 33 holdings.
Other Institutional Activity in NVIDIA
Several other funds also adjusted their positions in NVIDIA around the same time. Ag2R la Mondiale Gestion D'Actifs grew its holdings by 46,273 shares, ending with 1,090,799 shares worth about $249.1 million. Meanwhile, J. Safra Sarasin Holding trimmed its stake by 70,539 shares, bringing its total to 1,715,029 shares, valued at approximately $346.8 million.
NVIDIA Corporation Stock Up 2.4%
NVIDIA shares closed at $216.00 on October 26, 2026, and have recently traded around $215.98. The stock is currently below its 50-day moving average of $222.30 but above its 200-day moving average of $203.82. It also remains about 11.3% below its 52-week high of $243.37.
Recent Earnings
NVIDIA reported trailing twelve-month revenue of about $302.97 billion, with a remarkable year-over-year revenue growth of 105.9%. The next earnings report is scheduled for November 17, 2026.
Dividend
NVIDIA pays an annual dividend of $1.00 per share, resulting in a yield of 0.46%. The payout ratio stands at 3.5%.
Insider Buying and Selling at NVIDIA Corporation
Recent insider transactions include Mark A. Stevens, a Director, who sold a total of 4,000,000 shares across various dates, totaling approximately $946.5 million. These sales occurred prior to the recent position change by Local Pensions Partnership.
Analysts Set New Price Targets
On October 22, 2026, Needham reiterated a "Buy" rating on NVIDIA with a price target of $300. Other analysts maintain positive ratings, with targets ranging from $300 to $390.
About NVIDIA Corporation
NVIDIA Corporation operates in the technology sector, primarily focusing on data center AI infrastructure and semiconductor solutions. The company provides various products, including graphics and AI platforms, catering to a global market.
Bottom Line
Investors should keep an eye on NVIDIA's upcoming earnings report on November 17, 2026, and monitor how the stock performs relative to its new institutional positions. Local Pensions Partnership's significant stake indicates confidence in NVIDIA's growth potential in the competitive semiconductor landscape.
Related Filing Alerts
Source: Local Pensions Partnership Investment's 13F filing on $NVDA (Oct 26, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts