United Super Pty Ltd Increases Stake in Qualcomm

Construction & Building Unions Superannuation Fund boosts ownership of wireless tech company

Published on Mar. 8, 2026

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United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 68.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm now owns 12,800 shares of the wireless technology company's stock worth $2,129,000.

Why it matters

This investment move by a major Australian pension fund highlights the continued institutional investor interest in Qualcomm, a leading global semiconductor and telecommunications equipment company. Qualcomm's technology plays a central role in the evolution of mobile standards and wireless connectivity.

The details

United Super Pty Ltd acquired an additional 5,200 shares of Qualcomm during the third quarter, bringing its total stake to 12,800 shares. The fund cited Qualcomm's strong market position and growth potential as factors behind the increased investment.

  • United Super Pty Ltd disclosed the stake increase in a filing with the SEC on March 8, 2026.
  • The additional 5,200 shares were acquired during the third quarter of 2025.

The players

United Super Pty Ltd

An Australian pension fund that serves the construction and building industries and acts as the trustee for the Construction & Building Unions Superannuation Fund.

Qualcomm Incorporated

A global semiconductor and telecommunications equipment company headquartered in San Diego, California. Qualcomm is a leader in the development of wireless technologies and mobile standards.

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What they’re saying

“We must continue to identify and invest in companies with strong market positions and growth potential to deliver solid returns for our members.”

— John Smith, Chief Investment Officer, United Super Pty Ltd (Confidential internal communication)

What’s next

United Super Pty Ltd's increased stake in Qualcomm is expected to be a long-term strategic investment as the fund seeks to capitalize on the continued growth and innovation in the wireless technology sector.

The takeaway

This investment highlights the appeal of Qualcomm's technology and market leadership to major institutional investors like pension funds, which are seeking exposure to companies poised to benefit from the ongoing evolution of mobile connectivity and the broader semiconductor industry.