Montecito Bank & Trust Trims Position in NVIDIA Corporation $NVDA

The bank reduced its stake in the computer hardware maker by 9.9% in Q4 2025.

Mar. 28, 2026 at 10:51am

Montecito Bank & Trust, a California-based financial institution, cut its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 9.9% in the fourth quarter of 2025, according to the company's recent SEC filing. The bank now owns 175,341 shares of the computer hardware maker's stock, valued at $32.7 million, making NVIDIA its second-largest holding.

Why it matters

NVIDIA is a leading global technology company known for its graphics processing units (GPUs) and system-on-chip (SoC) technologies. The company's products are widely used in gaming, professional visualization, data centers, and automotive applications. Montecito Bank & Trust's decision to trim its NVIDIA position may signal broader market trends or changes in the bank's investment strategy.

The details

According to the SEC filing, Montecito Bank & Trust sold 19,209 shares of NVIDIA during the fourth quarter, reducing its total position to 175,341 shares. The bank's holdings in NVIDIA were valued at $32.7 million at the end of the reporting period, making the stock its second-largest holding and accounting for approximately 5.2% of the bank's portfolio.

  • Montecito Bank & Trust filed its Q4 2025 SEC disclosure on March 28, 2026.
  • The bank's position in NVIDIA was reduced during the fourth quarter of 2025.

The players

Montecito Bank & Trust

A California-based financial institution that manages investment portfolios for clients.

NVIDIA Corporation

A global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies for various industries, including gaming, professional visualization, data centers, and automotive.

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The takeaway

Montecito Bank & Trust's decision to trim its NVIDIA position may reflect broader market trends or changes in the bank's investment strategy. As a leading technology company, NVIDIA's performance and market position are closely watched by investors and analysts.