CIBC Private Wealth Group LLC Trims Marvell Technology Holdings

Institutional investor reduces stake in semiconductor company by 2.8% in Q3

Mar. 19, 2026 at 8:25am

CIBC Private Wealth Group LLC, an institutional investor, trimmed its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 2.8% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 453,589 shares of the semiconductor company's stock worth $38,133,000 as of its latest filing.

Why it matters

This filing provides insight into the investment activities of CIBC Private Wealth Group, a major institutional investor. Changes in holdings of large investors can signal broader market trends and investor sentiment around a particular stock or sector.

The details

According to the 13F filing, CIBC Private Wealth Group sold 13,170 shares of Marvell Technology during the third quarter, reducing its total stake in the company to approximately 0.05% of the outstanding shares. Marvell Technology is a semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets.

  • The 13F filing covers CIBC Private Wealth Group's holdings as of the end of the third quarter.

The players

CIBC Private Wealth Group LLC

An institutional investment management firm that manages assets on behalf of high-net-worth individuals, families, and institutions.

Marvell Technology, Inc.

A global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets.

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The takeaway

This filing highlights the shifting investment landscape, as large institutional investors like CIBC Private Wealth Group adjust their portfolios in response to market conditions and their own investment strategies. The changes in Marvell Technology's shareholder base can provide valuable insights for investors tracking the semiconductor industry.