New Mexico Educational Retirement Board Reduces Applied Materials Holdings

The institutional investor cut its stake in the semiconductor equipment manufacturer by 4.7% in Q3 2025.

Mar. 19, 2026 at 11:06am

New Mexico Educational Retirement Board, an institutional investor, reduced its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 4.7% in the third quarter of 2025. The investor now holds 36,686 shares of the manufacturing equipment provider's stock, valued at $7.51 million.

Why it matters

Applied Materials is a major supplier of equipment and software used in semiconductor chip, display panel, and advanced materials manufacturing. Changes in institutional ownership of the company's stock can provide insights into market sentiment and expectations around the semiconductor industry.

The details

New Mexico Educational Retirement Board sold 1,800 shares of Applied Materials stock in Q3 2025, reducing its total holdings to 36,686 shares. The investor's position was worth $7.51 million at the end of the quarter. Several other hedge funds and institutional investors also made changes to their AMAT holdings during the period.

  • New Mexico Educational Retirement Board cut its Applied Materials position in the third quarter of 2025.

The players

New Mexico Educational Retirement Board

An institutional investor that manages retirement funds for educational employees in New Mexico.

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 New Mexico Educational Retirement Board's Applied Materials holdings reflects broader shifts in institutional ownership of semiconductor industry stocks, which can signal changes in market expectations for the sector.