Melqart Asset Management Reduces Western Digital Stake

UK-based investment firm cuts holding in data storage company by 30.1%

Mar. 14, 2026 at 11:08am

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Melqart Asset Management UK Ltd. has reduced its stake in Western Digital Corporation (NASDAQ:WDC) by 30.1% during the third quarter, according to a recent SEC filing. The institutional investor now owns 187,622 shares of the data storage provider's stock, down from 268,568 shares previously.

Why it matters

This reduction in Melqart's Western Digital holdings signals a shift in the investment firm's strategy and confidence in the data storage company's performance. As a major institutional investor, Melqart's moves can influence market sentiment and impact Western Digital's stock price.

The details

According to the 13F filing, Melqart Asset Management UK Ltd. sold 80,946 shares of Western Digital stock during the third quarter. The firm now owns approximately 0.05% of Western Digital, which was the 13th largest position in its portfolio as of the most recent reporting period.

  • Melqart Asset Management UK Ltd. reduced its Western Digital stake during the 3rd quarter of 2026.

The players

Melqart Asset Management UK Ltd.

A UK-based investment management firm that has reduced its stake in Western Digital Corporation.

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.

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The takeaway

This reduction in Melqart's Western Digital holdings suggests the investment firm sees potential challenges or risks ahead for the data storage company, which could impact its stock performance. Investors will be watching to see if other major institutional investors follow suit or maintain their positions in Western Digital.