Alecta Expands Stakes in Nvidia, Meta, Broadcom

Alecta Pensionsforsakring boosted its NVIDIA stake by 133,200 shares, Meta by 460,300 shares, and Broadcom by 99,200 shares, with Spark’s AI-driven analysis underscoring Outperform ratings for all three. The reports credit Nvidia’s profitability and guidance, Meta’s elite margins and AI monetization outlook, and Broadcom’s strong profitability and AI-led bookings, while flagging weaker near-term technicals and higher valuations as offsetting factors. Arbejdsmarkedets Tillaegspension also opened a new NVIDIA position of 144,615 shares in the first quarter. NVIDIA’s news ecosystem expanded with a KAIST-led AI research lab funded at $300 million over five years and a partnership with Amkor to bolster U.S. advanced chip packaging capacity. Institutional ownership of NVIDIA remains high, at about 65.27%, reflecting broad investor interest. Overall, sentiment toward NVIDIA’s AI leadership remains constructive, even as stock-specific technicals and valuations temper enthusiasm.