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Focus Partners Wealth Boosts Qualcomm Stake
Institutional investor increases position in wireless technology company
Mar. 16, 2026 at 10:05am
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Focus Partners Wealth, an investment management firm, increased its holdings in Qualcomm Incorporated (NASDAQ:QCOM) by 2.6% during the third quarter, according to a recent SEC filing. The fund now owns 906,741 shares of the wireless technology company's stock, valued at $150,871,000.
Why it matters
Qualcomm is a major player in the wireless technology industry, providing chipsets and other components for smartphones and other connected devices. The increase in Focus Partners Wealth's stake suggests the firm sees continued growth potential in Qualcomm's business.
The details
According to the filing, Focus Partners Wealth purchased an additional 23,180 shares of Qualcomm during the third quarter, bringing its total position to 906,741 shares. This represents approximately 0.08% of Qualcomm's outstanding shares.
- Focus Partners Wealth increased its Qualcomm holdings in the third quarter of 2026.
The players
Focus Partners Wealth
An investment management firm that increased its stake in Qualcomm Incorporated.
Qualcomm Incorporated
A global semiconductor and telecommunications equipment company headquartered in San Diego, California.
The takeaway
The increase in Focus Partners Wealth's Qualcomm holdings suggests the firm sees continued growth potential in the wireless technology company, which is a major player in the industry.
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