- Today
- Holidays
- Birthdays
- Reminders
- Cities
- Atlanta
- Austin
- Baltimore
- Berwyn
- Beverly Hills
- Birmingham
- Boston
- Brooklyn
- Buffalo
- Charlotte
- Chicago
- Cincinnati
- Cleveland
- Columbus
- Dallas
- Denver
- Detroit
- Fort Worth
- Houston
- Indianapolis
- Knoxville
- Las Vegas
- Los Angeles
- Louisville
- Madison
- Memphis
- Miami
- Milwaukee
- Minneapolis
- Nashville
- New Orleans
- New York
- Omaha
- Orlando
- Philadelphia
- Phoenix
- Pittsburgh
- Portland
- Raleigh
- Richmond
- Rutherford
- Sacramento
- Salt Lake City
- San Antonio
- San Diego
- San Francisco
- San Jose
- Seattle
- Tampa
- Tucson
- Washington
Choreo LLC Reduces Lam Research Corporation $LRCX Holdings
The investment firm lowered its stake in the semiconductor equipment maker by over 20% in the third quarter.
Published on Feb. 28, 2026
Got story updates? Submit your updates here. ›
Choreo LLC, an investment management firm, lowered its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 20.8% in the third quarter, according to the company's recent 13F filing with the Securities and Exchange Commission. Choreo LLC's holdings in Lam Research were valued at $4.54 million at the end of the reporting period, down from $5.73 million in the previous quarter.
Why it matters
Lam Research is a leading supplier of semiconductor manufacturing equipment, and changes in institutional ownership can provide insights into market sentiment and expectations around the company's performance. The reduction in Choreo LLC's stake may signal a shift in the firm's investment strategy or outlook on the semiconductor industry.
The details
According to the 13F filing, Choreo LLC sold 8,771 shares of Lam Research during the third quarter, leaving the firm with a total of 33,321 shares. Lam Research's stock price has seen significant volatility in recent months, trading between a 52-week low of $56.32 and a high of $256.68.
- Choreo LLC lowered its position in Lam Research in the third quarter of 2026.
- The 13F filing was submitted on February 28, 2026.
The players
Choreo LLC
An investment management firm that lowered its stake in Lam Research Corporation.
Lam Research Corporation
A global supplier of wafer fabrication equipment and services to the semiconductor industry.
The takeaway
The reduction in Choreo LLC's Lam Research holdings could signal a shift in the firm's investment strategy or outlook on the semiconductor industry, though the reasons behind the move are not explicitly stated. Investors and analysts will likely continue to monitor changes in institutional ownership and market sentiment around Lam Research as the company navigates the evolving semiconductor landscape.
