Russell Investments Boosts Stake in Qualcomm

Institutional investor increases holding in wireless tech company

Published on Mar. 9, 2026

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Russell Investments Group Ltd. increased its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 0.3% during the third quarter, according to a recent SEC filing. The investment firm now owns 1,704,771 shares of the wireless technology company's stock, worth approximately $283 million.

Why it matters

Qualcomm is a major player in the wireless technology industry, providing chipsets and other components for smartphones and other connected devices. Changes in institutional ownership can signal broader market sentiment around the company and its prospects.

The details

According to the filing, Russell Investments purchased an additional 4,662 shares of Qualcomm during the third quarter, bringing its total stake to around 0.16% of the company's outstanding shares. The move comes as Qualcomm has faced some headwinds, with its stock price declining from a 52-week high of $205.95 reached last year.

  • Russell Investments increased its Qualcomm stake in the third quarter of 2026.
  • Qualcomm's stock price reached a 52-week high of $205.95 in the prior year.

The players

Russell Investments Group Ltd.

A global asset management firm that oversees over $300 billion in assets.

Qualcomm Incorporated

A leading semiconductor and telecommunications equipment company known for its development of wireless technologies and cellular standards.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

The increase in Russell Investments' Qualcomm stake suggests the firm sees long-term value in the company, despite recent stock price volatility. As a major player in the wireless tech industry, Qualcomm's performance is closely watched by investors and analysts alike.