USA Financial Formulas Reduces Western Digital Stock Holdings

Hedge fund cuts stake in data storage company by over 50% in Q4

Mar. 29, 2026 at 11:33am

Got story updates? Submit your updates here. ›

USA Financial Formulas, a hedge fund, reduced its stake in Western Digital Corporation (NASDAQ:WDC) by 53.8% in the fourth quarter, according to a recent 13F filing with the Securities & Exchange Commission. The firm now owns 4,273 shares of the data storage provider's stock, down from 9,255 shares previously.

Why it matters

This filing provides insight into the investment decisions of USA Financial Formulas, a prominent hedge fund, and their outlook on the data storage industry and Western Digital's prospects. Reductions in institutional holdings can signal potential concerns about a company's future performance.

The details

According to the 13F filing, USA Financial Formulas sold 4,982 shares of Western Digital during the fourth quarter, reducing its total position to 4,273 shares. The firm's holdings in Western Digital were valued at $736,000 at the end of the reporting period.

  • The 13F filing covers the fourth quarter of 2025.
  • USA Financial Formulas reduced its Western Digital stake during that quarter.

The players

USA Financial Formulas

A hedge fund that manages investments and 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.

Got photos? Submit your photos here. ›

The takeaway

This filing suggests that USA Financial Formulas has become more cautious about Western Digital's prospects, potentially signaling broader concerns about the data storage industry or the company's competitive position. Investors will likely watch for any further changes in institutional holdings and analyst sentiment around Western Digital.