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Legal & General Group Plc Increases Stake in Lam Research Corporation
Investment firm boosts holdings in semiconductor equipment maker by 1.9% in Q3
Published on Mar. 10, 2026
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Legal & General Group Plc, a major institutional investor, increased its stake in Lam Research Corporation (NASDAQ:LRCX) by 1.9% during the third quarter of 2026, according to a recent SEC filing. The fund now owns 11,088,344 shares of the semiconductor company's stock, representing 0.88% ownership.
Why it matters
Lam Research is a leading supplier of wafer fabrication equipment and services to the semiconductor industry, making it a key player in the global tech supply chain. Legal & General's increased investment signals confidence in the company's long-term prospects amid ongoing industry growth and innovation.
The details
According to the filing, Legal & General Group Plc purchased an additional 208,670 shares of Lam Research during the third quarter, bringing its total position to 11,088,344 shares. This represents a 1.9% increase in the fund's holdings of the semiconductor equipment maker's stock.
- The SEC filing covers the third quarter of 2026.
The players
Legal & General Group Plc
A major global investment management firm headquartered in the United Kingdom.
Lam Research Corporation
A leading supplier of wafer fabrication equipment and services to the semiconductor industry, headquartered in Fremont, California.
The takeaway
Legal & General Group's increased stake in Lam Research underscores the semiconductor equipment maker's importance in the global tech supply chain and the investment firm's confidence in the company's long-term growth potential.
