Banco Bilbao Vizcaya Argentaria S.A. Trims Stake in Applied Materials

The institutional investor reduced its position in the semiconductor equipment manufacturer by 11.9% during the third quarter.

Mar. 16, 2026 at 8:19am

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Banco Bilbao Vizcaya Argentaria S.A., a major institutional investor, trimmed its position in Applied Materials, Inc. (NASDAQ:AMAT) by 11.9% during the third quarter, according to the company's recent 13F filing with the Securities and Exchange Commission (SEC). The investor now holds 101,402 shares of the manufacturing equipment provider's stock, valued at $20,801,000.

Why it matters

Banco Bilbao Vizcaya Argentaria's move to reduce its stake in Applied Materials reflects the broader market dynamics and investor sentiment around the semiconductor industry. As a leading supplier of equipment and services to semiconductor manufacturers, Applied Materials' performance is closely tied to the health of the overall chip market.

The details

According to the 13F filing, Banco Bilbao Vizcaya Argentaria sold 13,725 shares of Applied Materials during the third quarter, reducing its total position to 101,402 shares. The institutional investor's holdings in the company were valued at $20,801,000 at the end of the reporting period.

  • Banco Bilbao Vizcaya Argentaria trimmed its position in Applied Materials during the third quarter of the year.

The players

Banco Bilbao Vizcaya Argentaria S.A.

A major Spanish multinational financial services company and one of the largest banks in the world.

Applied Materials, Inc.

An American company that provides equipment, services, and software used to manufacture semiconductor chips, flat panel displays, and other advanced materials.

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The takeaway

Banco Bilbao Vizcaya Argentaria's decision to reduce its stake in Applied Materials reflects the broader market dynamics and investor sentiment around the semiconductor industry. As a leading supplier of equipment and services to semiconductor manufacturers, Applied Materials' performance is closely tied to the health of the overall chip market.