Entropy Technologies Trims Stake in Lumentum Holdings

Hedge fund reduces holdings in tech company by over 22% in Q3

Mar. 13, 2026 at 9:09am

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Entropy Technologies LP, a hedge fund, lowered its holdings in shares of Lumentum Holdings Inc. (NASDAQ:LITE) by 22.3% in the third quarter, according to a recent 13F filing with the Securities & Exchange Commission. The fund now owns 28,118 shares of the technology company's stock, valued at $4,575,000 as of the most recent filing.

Why it matters

Lumentum is a leading provider of photonic technologies that enable high-speed optical communication networks and advanced industrial applications. As a major institutional investor, Entropy Technologies' decision to trim its stake in the company could signal a shift in market sentiment or investment strategy.

The details

According to the 13F filing, Entropy Technologies sold 8,059 shares of Lumentum during the third quarter, reducing its total holdings to 28,118 shares. The fund cited unspecified reasons for the reduction in its position.

  • Entropy Technologies filed its 13F report for the third quarter on March 13, 2026.

The players

Entropy Technologies LP

A hedge fund that invests in technology companies.

Lumentum Holdings Inc.

A leading provider of photonic technologies for high-speed optical communication networks and advanced industrial applications.

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The takeaway

Entropy Technologies' decision to trim its stake in Lumentum could be a sign of broader market shifts or the fund's own investment strategy, though the specific reasons are not clear from the filing. As a major player in the technology sector, Lumentum's performance and investor sentiment around the company will continue to be closely watched.