Highline Wealth Partners Trims Stake in Qualcomm

Hedge fund reduces position in wireless tech giant by over 89%

Apr. 1, 2026 at 11:10am

Highline Wealth Partners LLC, a financial advisory firm, has significantly reduced its holdings in Qualcomm Incorporated (NASDAQ:QCOM) by 89.3% in the fourth quarter, according to a recent SEC filing. The firm now owns just 1,197 shares of the wireless technology company's stock, down from 11,189 shares previously.

Why it matters

Highline Wealth Partners' move to trim its Qualcomm position could signal broader market concerns about the company's outlook, as the stock has faced volatility in recent months. Qualcomm is a major player in the wireless semiconductor industry, so changes in institutional ownership can impact the stock price and investor sentiment.

The details

According to the 13F filing, Highline Wealth Partners sold 9,992 shares of Qualcomm during the fourth quarter, leaving it with a much smaller stake valued at $205,000 at the end of the reporting period. The filing does not provide details on the firm's rationale for reducing its Qualcomm holdings.

  • Highline Wealth Partners filed its 13F report for the fourth quarter of 2025 on April 1, 2026.
  • The firm's Qualcomm position was reduced during the three-month period ending December 31, 2025.

The players

Highline Wealth Partners LLC

A financial advisory firm that manages investments for institutional and individual clients.

Qualcomm Incorporated

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

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The takeaway

Highline Wealth Partners' decision to significantly trim its Qualcomm position could signal broader market concerns about the company's outlook, as the stock has faced volatility in recent months. Investors will be watching to see if other institutional investors follow suit or if Highline's move is an isolated event.