Cisco Systems sees 7.2% increase in shares held by Legal & General Group

Network equipment provider's stock now makes up 0.96% of Legal & General's portfolio

Published on Mar. 10, 2026

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Legal & General Group Plc increased its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 7.2% during the 3rd quarter, according to the company's recent 13F filing with the Securities & Exchange Commission. The firm now owns 37,674,954 shares of the network equipment provider's stock, making it Cisco Systems' 20th largest shareholder.

Why it matters

Cisco Systems is a major technology company that designs and sells networking hardware, software, and telecommunications equipment. The increase in shares held by a large institutional investor like Legal & General Group suggests continued confidence in Cisco's business and growth prospects.

The details

Legal & General Group's increased stake in Cisco Systems is valued at approximately $2.58 billion, representing about 0.96% of the firm's total portfolio. The purchase of an additional 2,535,716 Cisco shares during the 3rd quarter represents a 7.2% increase in Legal & General's position.

  • Legal & General Group increased its Cisco Systems stake during the 3rd quarter of 2026.

The players

Legal & General Group Plc

A British multinational financial services company that provides insurance, pension management, and other investment products.

Cisco Systems, Inc.

An American multinational technology conglomerate that designs, manufactures, and sells networking hardware, software, telecommunications equipment, and other high-technology services and products.

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The takeaway

Cisco Systems' continued appeal to major institutional investors like Legal & General Group underscores the company's strong market position and growth potential in the networking technology space.