US Stock Fund Activity List | NVIDIA Drops Nearly 4%, Targeted by Major Institutions for Large-scale Short Selling

On Tuesday, Tesla, the top stock by trading volume in the U.S. market, closed down 5.21%, with a trading volume of $39.388 billion. Tesla's shareholder meeting is set to take place on November 6, where a vote will be held on Musk's "exorbitant compensation plan." The world's largest sovereign wealth fund, the Norwegian Sovereign Wealth Fund, announced that it will vote against the compensation plan at this meeting. As Tesla's largest external investor, the Norwegian Sovereign Wealth Fund currently holds approximately 1.14% of Tesla's shares, valued at up to 118.3 billion Norwegian Krone ($11.6 billion), making its opposition crucial in this vote. The Norwegian Sovereign Wealth Fund stated that its reasons for opposing Tesla's compensation plan include concerns about equity dilution and key person risk. The second-largest stock, NVIDIA, closed down 3.96%, with a trading volume of $37.746 billion. Hedge fund manager Michael Burry, the real-life figure behind the movie "The Big Short," rarely disclosed his third-quarter 13F report two weeks in advance through Scion Asset Management. The report shows that approximately 80% of the fund's positions are concentrated on shorting NVIDIA and Palantir, with a nominal value exceeding $1 billion, drawing market attention due to the scale of the bets. Among them, the nominal value of put options on Palantir reaches $912 million (equivalent to 5 million shares), while the nominal value of put options on NVIDIA amounts to $186 million