- Today
- Holidays
- Birthdays
- Reminders
- Cities
- Atlanta
- Austin
- Baltimore
- Berwyn
- Beverly Hills
- Birmingham
- Boston
- Brooklyn
- Buffalo
- Charlotte
- Chicago
- Cincinnati
- Cleveland
- Columbus
- Dallas
- Denver
- Detroit
- Fort Worth
- Houston
- Indianapolis
- Knoxville
- Las Vegas
- Los Angeles
- Louisville
- Madison
- Memphis
- Miami
- Milwaukee
- Minneapolis
- Nashville
- New Orleans
- New York
- Omaha
- Orlando
- Philadelphia
- Phoenix
- Pittsburgh
- Portland
- Raleigh
- Richmond
- Rutherford
- Sacramento
- Salt Lake City
- San Antonio
- San Diego
- San Francisco
- San Jose
- Seattle
- Tampa
- Tucson
- Washington
Santa Clara Today
By the People, for the People
Balboa Wealth Partners Reduces Applied Materials Holdings
Institutional investor cuts stake in semiconductor equipment manufacturer by over two-thirds
Published on Feb. 15, 2026
Got story updates? Submit your updates here. ›
Balboa Wealth Partners, an institutional investor, reduced its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 68.2% in the third quarter, according to a recent SEC filing. The firm now owns 2,554 shares of the manufacturing equipment provider's stock, valued at $523,000 at the end of the reporting period.
Why it matters
This filing provides insight into the investment decisions of Balboa Wealth Partners, a notable institutional investor. The significant reduction in their Applied Materials holdings suggests a shift in their outlook or portfolio strategy regarding the semiconductor equipment manufacturer.
The details
According to the 13F filing, Balboa Wealth Partners sold 5,465 shares of Applied Materials, leaving them with a position of 2,554 shares. The firm cited the $523,000 value of their remaining stake in the company.
- Balboa Wealth Partners reduced its Applied Materials holdings in the third quarter of the reporting period.
The players
Balboa Wealth Partners
An institutional investor that manages a portfolio of investments.
Applied Materials, Inc.
A U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials.
The takeaway
The reduction in Balboa Wealth Partners' Applied Materials holdings suggests a potential shift in the institutional investor's outlook on the semiconductor equipment manufacturer, though the specific reasons behind the decision are not clear from the filing.
