Russell Investments Group Boosts Lam Research Stake by 22.4%

Institutional investor increases holdings in semiconductor equipment maker

Published on Mar. 9, 2026

Got story updates? Submit your updates here. ›

Russell Investments Group Ltd. has increased its stake in Lam Research Corporation (NASDAQ:LRCX) by 22.4% during the third quarter, according to a recent SEC filing. The firm now owns 2,089,066 shares of the semiconductor company's stock, worth approximately $279 million.

Why it matters

Lam Research is a major supplier of wafer fabrication equipment and services to the semiconductor industry. The increase in Russell Investments' stake suggests continued institutional investor confidence in the company's growth prospects, despite some recent volatility in the stock price.

The details

According to the SEC filing, Russell Investments Group added 382,552 shares of Lam Research to its portfolio during the third quarter. This brings the firm's total ownership in the semiconductor equipment maker to approximately 0.17% of the company's outstanding shares.

  • Russell Investments Group disclosed the increased stake in a filing with the SEC on March 9, 2026.

The players

Russell Investments Group Ltd.

A global asset management firm that provides investment solutions to institutional and individual investors.

Lam Research Corporation

A global supplier of wafer fabrication equipment and services to the semiconductor industry, headquartered in Fremont, California.

Got photos? Submit your photos here. ›

The takeaway

The increase in Russell Investments' stake in Lam Research suggests continued institutional confidence in the semiconductor equipment maker's growth prospects, despite recent stock price volatility. This could signal potential upside for the stock if the company continues to perform well.