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ARK Investment Boosts Qualcomm Stake by 10.8%
Firm now owns over 221,000 shares of wireless tech company
Published on Mar. 5, 2026
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ARK Investment Management LLC increased its position in Qualcomm Incorporated (NASDAQ:QCOM) by 10.8% during the 3rd quarter, according to a recent SEC filing. The firm now owns 221,426 shares of the wireless technology company's stock, valued at $36.84 million.
Why it matters
Qualcomm is a major player in the wireless technology industry, powering many of the world's smartphones and connected devices. ARK Investment's increased stake signals their confidence in the company's long-term growth prospects.
The details
ARK Investment acquired an additional 21,593 shares of Qualcomm during the quarter, bringing their total holdings to over 221,000 shares. This represents a sizable investment in the company, which has a market capitalization of nearly $149 billion.
- ARK Investment increased its Qualcomm stake during the 3rd quarter of 2026.
The players
ARK Investment Management LLC
An American investment management firm focused on disruptive innovation across sectors.
Qualcomm Incorporated
A global semiconductor and telecommunications equipment company headquartered in San Diego, California.
The takeaway
ARK Investment's increased stake in Qualcomm suggests the firm sees long-term growth potential in the wireless technology company, which continues to play a vital role in the evolution of mobile connectivity and innovation.
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