Vestcor Inc Lowers Position in Applied Materials, Inc.

Institutional investor reduces stake in semiconductor equipment manufacturer

Published on Mar. 10, 2026

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Vestcor Inc, an institutional investor, decreased its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 21.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 20,743 shares of the manufacturing equipment provider's stock, valued at $4,247,000 as of the latest SEC filing.

Why it matters

Applied Materials is a major supplier of equipment, services, and software used in the production of semiconductor chips, flat panel displays, and other advanced materials. Changes in institutional ownership of the company's stock can provide insights into market sentiment and expectations around the semiconductor industry.

The details

According to the 13F filing, Vestcor Inc sold 5,595 shares of Applied Materials during the third quarter, reducing its total position by 21.2%. The firm now holds 20,743 shares of the company's stock, which was valued at $4,247,000 as of the filing date.

  • Vestcor Inc decreased its position in Applied Materials during the third quarter of 2026.

The players

Vestcor Inc

An institutional investor that manages a portfolio of securities, including shares of Applied Materials, Inc.

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.

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The takeaway

The reduction in Vestcor Inc's position in Applied Materials could signal a shift in market sentiment around the semiconductor industry, as institutional investors adjust their portfolios in response to changing market conditions and expectations.