Ceredex Value Advisors Boosts Stake in Western Digital

Institutional investor increases holding in data storage provider by over 100,000 shares

Published on Mar. 10, 2026

Got story updates? Submit your updates here. ›

Ceredex Value Advisors LLC, an institutional investor, increased its stake in Western Digital Corporation (NASDAQ:WDC) by 22.8% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 574,989 shares of the data storage provider's stock, worth approximately $69 million.

Why it matters

This investment move by Ceredex Value Advisors reflects their confidence in Western Digital's growth potential and the overall strength of the data storage industry. As a major institutional investor, Ceredex's increased stake could signal positive sentiment around Western Digital's future performance.

The details

According to the 13F filing, Ceredex Value Advisors purchased an additional 106,889 shares of Western Digital in the third quarter, bringing their total ownership to 574,989 shares. This represents about 0.17% of Western Digital's outstanding stock. The investment firm cited Western Digital's strong market position and growth prospects as reasons for the increased stake.

  • Ceredex Value Advisors increased its stake in Western Digital in the 3rd quarter of 2026.

The players

Ceredex Value Advisors LLC

An institutional investment firm that manages a portfolio of value-oriented stocks.

Western Digital Corporation

A global data storage company that designs, manufactures, and sells a range of storage devices and systems for personal, enterprise, and cloud applications.

Got photos? Submit your photos here. ›

The takeaway

Ceredex Value Advisors' increased stake in Western Digital suggests the investment firm sees strong growth potential in the data storage provider. This move could signal positive sentiment around Western Digital's future performance and the overall health of the data storage industry.