Investors were getting a peek Wednesday at where fund managers have made their bets, as those managers released the required quarterly reports on their holdings.
But Wednesday also brought a look at investments made by some public companies, including chip powerhouse Nvidia Corp.
NVDA,
which joined those money managers in filing a 13-F after the closing bell.
Thatâs why Wall Street seemed to be showing a new interest in shares of SoundHound AI Inc.
SOUN,
which develops speech recognition and other related technologies. Nvidia disclosed that it owned about 1.7 million shares of the AI company as of the end of December, and those were worth roughly $3.7 million as of then.
SoundHound shares were rocketing nearly 90% in premarket trading Thursday. The company had a market value of $576 million as of Wednesdayâs close.
More on SoundHound AI: Ordering on the Chipotle app or at the Krispy Kreme drive-through? You might be talking to AI.
The SECâs Edgar platform doesnât show any prior 13-F filings for Nvidia dating back to 2001, so it isnât clear when all of the companyâs investments were made or how theyâve changed recently.
The filing also listed investments in red-hot chip designer Arm Holdings PLC
ARM,
medical-imaging developer Nano-X Imaging Ltd.
NNOX,
drug developer Recursion Pharmaceuticals Inc.
RXRX,
and autonomous-driving company TuSimple Holdings Inc.
TSPH,
Nvidiaâs position in Arm, which it previously tried to acquire, was worth $147 million as of the end of December. When Arm went public last fall, it listed Nvidia among âcornerstone investorsâ who had indicated an interest in purchasing shares.
The companyâs holdings in Nano-X were worth about $400,000, its holdings in Recursion were worth about $76 million, and its position in TuSimple was worth roughly $3 million at that same time.
MarketWatch previously reported on Nvidiaâs investment in and partnership with Recursion.
TuSimple, meanwhile, said in December that it planned to wind down its U.S. operations. Last month, the company said it intended to voluntarily delist its common stock from the Nasdaq.
For more 13-F reports:
⢠George Sorosâ fund bets on U.S. leisure travel, with fresh stakes in JetBlue, Spirit, Sun Country
⢠David Einhornâs Greenlight Capital adds Kenvue, ETFs and exits Southwestern Energy
⢠Berkshire Hathaway loads up on shares of Sirius XM and Chevron, exits home builder D.R. Horton
⢠Druckenmiller dumps Alphabet, Amazon and Broadcom but Nvidia remains largest holding
⢠Appaloosa takes new stakes in Oracle and GM, raises stakes in Alibaba and Microsoft
