Martingale Asset Management Trims Qualcomm Stake

Hedge fund reduces holdings in wireless tech company by 5.9% in Q3

Mar. 13, 2026 at 10:52am

Got story updates? Submit your updates here. ›

Martingale Asset Management L.P. trimmed its holdings in Qualcomm Incorporated (NASDAQ:QCOM) by 5.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 142,630 shares of the wireless technology company's stock after selling 8,872 shares during the quarter.

Why it matters

Qualcomm is a major player in the wireless technology industry, and changes to its institutional investor base can provide insights into market sentiment around the company. Martingale Asset Management's decision to reduce its Qualcomm stake could signal broader concerns about the stock's performance or outlook.

The details

According to the 13F filing, Martingale Asset Management's holdings in Qualcomm were worth $23,728,000 as of the end of the third quarter. The firm cited the sale of 8,872 shares during the period as the reason for the 5.9% reduction in its Qualcomm position.

  • Martingale Asset Management filed its 13F report for the third quarter of 2026.

The players

Martingale Asset Management L.P.

A hedge fund that has reduced its holdings in Qualcomm Incorporated.

Qualcomm Incorporated

A global semiconductor and telecommunications equipment company headquartered in San Diego, California.

Got photos? Submit your photos here. ›

The takeaway

Martingale Asset Management's decision to trim its Qualcomm stake could be a sign of broader market concerns about the wireless technology company's performance or outlook, though the reasons behind the move are not entirely clear from the limited information provided in the 13F filing.