Brown Brothers Harriman & Co. Reduces Stake in Applied Materials

Institutional investor trims position in semiconductor equipment manufacturer

Mar. 14, 2026 at 7:35am

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Brown Brothers Harriman & Co., a major institutional investor, has reduced its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 1.8% in the third quarter, according to a recent SEC filing. The firm now owns approximately 1.1 million shares of the manufacturing equipment provider, valued at around $225.8 million.

Why it matters

The reduction in Brown Brothers Harriman's position in Applied Materials, a leading supplier of semiconductor manufacturing equipment, could signal a shift in sentiment or portfolio rebalancing by the institutional investor. Changes in ownership by major institutional holders can impact the stock price and trading volume of a company.

The details

According to the filing, Brown Brothers Harriman & Co. sold 20,039 shares of Applied Materials during the third quarter, reducing its total position to 1,102,783 shares. The firm's stake in Applied Materials now represents approximately 1.4% of its overall portfolio.

  • The stake reduction occurred in the third quarter of the reporting period.

The players

Brown Brothers Harriman & Co.

A major institutional investment firm that has reduced its position in Applied Materials.

Applied Materials, Inc.

A leading manufacturer of semiconductor production equipment, in which Brown Brothers Harriman & Co. has decreased its ownership stake.

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The takeaway

The reduction in Brown Brothers Harriman's position in Applied Materials, a key player in the semiconductor industry, could signal a shift in sentiment or portfolio strategy by the institutional investor. Changes in ownership by major holders can impact a company's stock price and trading volume, making this a noteworthy development to monitor.