Russell Investments Boosts Stake in Applied Materials

Institutional investor increases holdings in semiconductor equipment manufacturer by 9.4% in Q3

Published on Mar. 9, 2026

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Russell Investments Group Ltd. increased its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 9.4% during the third quarter, according to a recent SEC filing. The institutional investor now owns 1,393,938 shares of the manufacturing equipment provider's stock, worth approximately $285.4 million.

Why it matters

Applied Materials is a leading supplier of semiconductor manufacturing equipment, making this investment by a major institutional investor significant. The increased stake suggests Russell Investments sees long-term growth potential in the company as the semiconductor industry continues to evolve.

The details

According to the filing, Russell Investments acquired an additional 119,342 shares of Applied Materials in the third quarter, bringing its total ownership to approximately 0.17% of the company's outstanding stock. The investment firm cited the semiconductor manufacturer's strong market position and technological innovations as factors behind the increased stake.

  • Russell Investments disclosed the stake increase in a 13F filing for the third quarter of 2026.

The players

Russell Investments Group Ltd.

A global asset management firm that provides investment solutions to institutional and individual investors worldwide.

Applied Materials, Inc.

A leading supplier of semiconductor manufacturing equipment, materials and services used to fabricate integrated circuits, flat panel displays, solar photovoltaic cells and modules, and other electronic components.

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The takeaway

The increased stake by Russell Investments in Applied Materials underscores the continued strong demand for semiconductor manufacturing equipment as the industry evolves. This investment highlights the long-term growth potential that major institutional investors see in Applied Materials' market-leading position and technological capabilities.