Qualcomm Shares Boosted by Carnegie Investment Counsel

Institutional investor increases stake in wireless technology company

Apr. 11, 2026 at 8:05am

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An extreme close-up of the intricate metal circuitry and components inside a Qualcomm semiconductor chip, captured in a high-contrast, cinematic style that emphasizes the complex, industrial nature of the company's technology.Qualcomm's semiconductor technology powers the wireless devices that connect our world, as seen in this dramatic, industrial-style close-up.San Diego Today

Carnegie Investment Counsel, an institutional investor, has increased its position in Qualcomm Incorporated (NASDAQ:QCOM) by 5.7% in the fourth quarter, according to a recent SEC filing. The firm now owns 366,879 shares of the wireless technology company's stock, valued at $62.8 million.

Why it matters

Qualcomm is a major player in the wireless technology industry, providing critical components and intellectual property for mobile devices and infrastructure. Changes in institutional ownership can signal broader market sentiment and investment trends around the company.

The details

According to the filing, Carnegie Investment Counsel added 19,787 shares of Qualcomm to its portfolio during the fourth quarter. The firm now holds 1.2% of Qualcomm's outstanding shares, making it the 16th largest position in its investment portfolio.

  • The filing was made on April 11, 2026, covering the fourth quarter of 2025.
  • The shares were purchased between October 1 and December 31, 2025.

The players

Carnegie Investment Counsel

An institutional investment firm that manages over $10 billion in assets for 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

The increase in institutional ownership of Qualcomm shares by a respected investment firm like Carnegie Investment Counsel suggests ongoing confidence in the company's long-term prospects within the wireless technology industry.