Intech Investment Management Trims Applied Materials Stake

Institutional investor reduces holding in semiconductor equipment manufacturer by nearly 19%

Published on Mar. 2, 2026

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Intech Investment Management LLC reduced its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 18.9% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The institutional investor now owns 19,944 shares of the manufacturing equipment provider's stock, valued at $4,083,000 as of the filing.

Why it matters

Applied Materials is a leading supplier of semiconductor manufacturing equipment, and changes in institutional ownership can signal shifts in investor sentiment around the company and the broader semiconductor industry.

The details

Intech Investment Management sold 4,634 shares of Applied Materials stock during the third quarter, reducing its total holding to 19,944 shares. The institutional investor cited portfolio rebalancing as the reason for the sale. Applied Materials has seen its stock price rise significantly over the past year as demand for its products has increased amid the global chip shortage.

  • Intech Investment Management filed its 13F report for the third quarter on 2026-03-02.

The players

Intech Investment Management LLC

An institutional investment management firm that reduced its stake in Applied Materials by nearly 19% in the third quarter.

Applied Materials, Inc.

A leading manufacturer of semiconductor production equipment, serving customers worldwide.

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The takeaway

The reduction in Intech Investment Management's stake in Applied Materials reflects broader portfolio adjustments rather than a fundamental change in the investment firm's view on the semiconductor equipment maker. Applied Materials remains a key player in the industry, benefiting from strong demand for its products.