Mitsubishi UFJ Asset Management Boosts Stake in First Solar

Institutional investor increases position in solar cell manufacturer by 6.1% in Q3

Mar. 3, 2026 at 12:55am

Got story updates? Submit your updates here. ›

Mitsubishi UFJ Asset Management Co. Ltd. has increased its stake in First Solar, Inc. (NASDAQ:FSLR) by 6.1% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The fund now owns 213,330 shares of the solar cell manufacturer's stock, valued at approximately $47.05 million.

Why it matters

This investment by a major institutional investor signals continued confidence in First Solar's long-term prospects, even as the stock has faced some near-term headwinds and analyst downgrades. The solar industry remains an important part of the clean energy transition, and First Solar is a leading domestic supplier.

The details

According to the 13F filing, Mitsubishi UFJ Asset Management added 12,177 shares of First Solar to its portfolio during the third quarter. This increased the fund's total position to 213,330 shares, or approximately 0.20% of the solar cell manufacturer's outstanding stock. The shares were valued at $47,046,000 at the end of the reporting period.

  • Mitsubishi UFJ Asset Management increased its First Solar stake during Q3 2026.

The players

Mitsubishi UFJ Asset Management Co. Ltd.

A Japanese asset management firm and a subsidiary of Mitsubishi UFJ Financial Group, one of the largest financial institutions in the world.

First Solar, Inc.

An American solar technology company that designs and manufactures thin-film photovoltaic modules using cadmium telluride semiconductor technology.

Got photos? Submit your photos here. ›

The takeaway

Mitsubishi UFJ Asset Management's increased stake in First Solar reflects ongoing institutional investor confidence in the solar company's long-term prospects, despite some recent stock price volatility and analyst downgrades. This signals that major investors see value in First Solar's position as a leading domestic solar technology provider.