Institutional investors cut Nebius Group stake and boost Nu Holdings holdings

Krane Funds Advisors LLC reduced its Nebius Group N.V. (NASDAQ:NBIS) position by 50.9% in the fourth quarter, selling 14,732 shares and ending the period with 14,211 shares valued at about $1.19 million. Other large investors also moved. Vermillion Wealth Management increased its Nebius stake by 49.7%, while Capital Research Global Investors added a new $231.6 million position and several other firms opened or expanded holdings.

Nebius reported quarterly earnings of a $0.23 loss per share, revenue of $399 million and a net margin of 95.27%, beating consensus estimates. The stock opened at $227.81 with a market cap of $57.64 billion.

Los Angeles Capital Management LLC raised its Nu Holdings Ltd. (NYSE:NU) stake by 54.1% in the same quarter, buying 2,939,971 shares to hold 8,377,099 shares worth roughly $134.5 million (0.17% of the company). Other funds such as LOM Asset Management and Cornerstone Planning Group also added or increased positions.

Nu Holdings posted quarterly earnings of $0.19 per share, missing estimates by $0.01, with revenue of $5.32 billion and a net margin of 18.20%. The stock opened at $11.97 and has a market capitalization of $58.1 billion.