First Citizens Bank & Trust 13F: Adds $48M to NVIDIA (NVDA) Stake

First Citizens Bank & Trust has boosted its holdings in NVIDIA Corporation (NASDAQ: NVDA) by 28.2%, according to its latest SEC filing. As of October 14, 2026, the bank added 208,270 shares, bringing its total to 947,970 shares. The investment is now valued at approximately $216.5 million.

What Changed in First Citizens Bank & Trust's NVIDIA Position

First Citizens Bank & Trust significantly increased its position in NVIDIA, growing its stake by 28.2%. The bank previously held 739,700 shares and now owns 947,970 shares, reflecting an addition of 208,270 shares in the recent reporting period.

NVIDIA Corporation Stock Down 3.0%

Shares of NVIDIA Corporation traded at $221.3 recently. The company boasts a market capitalization of about $5.25 trillion and has a P/E ratio of 27.5, indicating its profitability. NVIDIA's beta of 2.216 suggests higher volatility compared to the market. Over the past year, the stock has ranged between $164.27 and $243.37. Its 50-day moving average is $223.17, while the 200-day moving average stands at $202.84.

Recent Earnings

NVIDIA reported revenue of $303 billion, showcasing a growth rate of 5.9%. The company achieved a net margin of 63.7% and a return on equity of 117.2%. Earnings per share were $7.91. Investors are looking forward to the next earnings report scheduled for November 17, 2026.

Dividend

NVIDIA offers an annual dividend yield of 0.46% with a payout ratio of 3.54%. This provides a modest return to shareholders while the company continues to invest in its business.

About NVIDIA Corporation

NVIDIA Corporation, headquartered in Santa Clara, California, is a leading player in the technology sector, specifically in semiconductors. It operates through two main segments: Compute & Networking, and Graphics. NVIDIA is known for its GeForce GPUs, which are popular in gaming, as well as its data center and AI solutions. Led by CEO Jen-Hsun Huang, the company employs around 42,000 people worldwide.

Bottom Line

First Citizens Bank & Trust's decision to increase its stake in NVIDIA reflects confidence in the company's future prospects. With a strong market position and continued growth in its key areas, NVIDIA remains a significant player in the semiconductor industry. Remember, 13F filings are historical snapshots and may not represent current positions.