Martingale Asset Management Trims Cisco Systems Stake

Institutional investor reduces position in network equipment provider by 9.5%

Mar. 13, 2026 at 10:52am by Ben Kaplan

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Martingale Asset Management L.P., an institutional investor, reduced its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 9.5% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 572,735 shares of the network equipment provider's stock, valued at $39,187,000.

Why it matters

Cisco Systems is a major player in the networking equipment industry, and changes in institutional ownership can provide insights into market sentiment around the company. Martingale Asset Management's decision to trim its Cisco stake may signal broader concerns about the company's near-term performance or growth prospects.

The details

According to the 13F filing, Martingale Asset Management sold 60,157 shares of Cisco Systems during the third quarter. The firm now holds a 1.0% stake in the company, making it Cisco's 12th largest institutional investor. The sale represents a 9.5% reduction in Martingale's Cisco position.

  • Martingale Asset Management reduced its Cisco Systems stake in the third quarter of the year.

The players

Martingale Asset Management L.P.

An institutional investor and asset management firm.

Cisco Systems, Inc.

A global technology company that designs, manufactures, and sells networking hardware, software, and telecommunications equipment.

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The takeaway

Martingale Asset Management's decision to trim its Cisco Systems stake could signal broader market concerns about the company's near-term outlook, though the overall size of the reduction suggests it may not be a major strategic shift. Investors will likely continue to monitor Cisco's performance and institutional ownership trends for further insights into the company's prospects.