Qualcomm Shares Purchased by NorthCrest Asset Management

Institutional investor boosts stake in wireless technology company

Mar. 22, 2026 at 10:52am

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NorthCrest Asset Management LLC increased its holdings in Qualcomm Incorporated (NASDAQ:QCOM) by 12.2% during the 4th quarter, according to a recent SEC filing. The firm now owns 72,869 shares of the wireless technology company's stock, worth approximately $12.8 million.

Why it matters

Qualcomm is a major player in the wireless technology industry, providing key components and intellectual property for mobile devices and infrastructure. This purchase by NorthCrest Asset Management suggests continued institutional investor confidence in the company's long-term prospects.

The details

According to the filing, NorthCrest Asset Management purchased an additional 7,909 shares of Qualcomm during the fourth quarter, bringing its total holdings to 72,869 shares. Qualcomm's stock has seen volatility in recent months, trading between a 52-week low of $120.80 and a high of $205.95.

  • NorthCrest Asset Management increased its Qualcomm holdings in the 4th quarter of 2025.

The players

NorthCrest Asset Management LLC

An institutional investment firm that manages assets on behalf of clients.

Qualcomm Incorporated

A global semiconductor and telecommunications equipment company headquartered in San Diego, California, known for its development of wireless technologies and central role in the evolution of digital cellular standards.

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The takeaway

Qualcomm's continued appeal to institutional investors like NorthCrest Asset Management underscores the company's importance in the wireless technology landscape, despite recent stock price volatility. As 5G and other advanced wireless technologies advance, Qualcomm's intellectual property and components are likely to remain in high demand.