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Nvidia files 9.3% passive stake in Nebius Group NV with SEC

A Securities and Exchange Commission filing shows Nvidia Corporation (NVDA) holds a 9.3% passive stake in Nebius Group NV, with the position measured as of July 13. The disclosure puts NVDA on Nebius Group's cap table…

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NewsMV Markets Desk
3 min read
20 July 2026Markets desk
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A Securities and Exchange Commission filing shows Nvidia Corporation (NVDA) holds a 9.3% passive stake in Nebius Group NV, with the position measured as of July 13. The disclosure puts NVDA on Nebius Group's cap table as a named minority holder; any shift in that level or in the passive classification would require an amended filing.

The stake

A 9.3% position puts a holder squarely on the record and visible to every other shareholder in Nebius Group NV. The filing does not assert any intent to influence governance or management at the company. Nvidia reported the stake as passive, which in SEC terms means no current plan to seek control or exert active influence.

What passive signals

Passive is a specific designation in an SEC filing, not a permanent state. A holder who develops an intent to influence the company must update its classification. A change in the size of the position, above or below the reported level, carries its own amendment requirements. The July 13 measurement date is the only reference point confirmed in the public document; it does not indicate when the position was established, only the date as of which the 9.3% figure applies.

What to watch

The next definitive data point is any amended SEC filing from Nvidia. That document would be the only public confirmation of whether the 9.3% stake has changed in size or classification. Until one appears, the July 13 print is the last confirmed number.

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Key takeaways

Frequently asked

How large is Nvidia's stake in Nebius Group NV?

Nvidia holds a 9.3% stake in Nebius Group NV, as measured on July 13.

What does it mean that the stake is 'passive'?

In SEC terms, a passive designation means the holder has no current plan to seek control or exert active influence over the company.

Does the July 13 date show when Nvidia bought the stake?

No; July 13 is only the date as of which the 9.3% figure applies and does not indicate when the position was established.

What would signal a change in Nvidia's position?

Any amended SEC filing from Nvidia would be the only public confirmation of whether the stake changed in size or classification.

Has Nvidia expressed intent to influence Nebius Group's management?

No; the filing does not assert any intent to influence the governance or management of Nebius Group NV.