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AustralianSuper tipped $500m into Nvidia before DeepSeek crash

Australia’s largest superannuation fund poured nearly half a billion dollars in retirement savings into tech giant Nvidia last quarter, dialling up its position ahead of the stock’s record-breaking crash on January 27.

US Securities and Exchange Commission filings show AusSuper bought 2.42 million Nvidia shares in the three months ended December 31, 2024.

Source: https://www.afr.com/markets/equity-markets/australiansuper-tipped-500m-into-nvidia-before-deepseek-crash-20250131-p5l8ko