KMG Fiduciary Partners Reduces Stake in Applied Materials

Institutional investor trims position in semiconductor equipment manufacturer

Mar. 28, 2026 at 10:42am

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KMG Fiduciary Partners LLC reduced its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 12.7% in the fourth quarter, according to a recent SEC filing. The firm now owns 34,452 shares of the manufacturing equipment provider's stock, valued at $8.85 million.

Why it matters

Applied Materials is a leading supplier of semiconductor manufacturing equipment, making it a bellwether for the broader tech industry. Changes in institutional ownership can signal shifts in market sentiment around the company and the sector.

The details

KMG Fiduciary Partners sold 5,030 shares of Applied Materials during the fourth quarter, reducing its total position to 34,452 shares. The firm cited unspecified portfolio adjustments as the reason for the trimmed stake. Other hedge funds and institutional investors have also modified their holdings of Applied Materials in recent months, with some increasing and others decreasing their positions.

  • KMG Fiduciary Partners filed its 13F report for the fourth quarter of 2025 on March 28, 2026.

The players

KMG Fiduciary Partners LLC

An institutional investment management firm that owns a portfolio of stocks, including a position in semiconductor manufacturer Applied Materials.

Applied Materials, Inc.

A leading global supplier of semiconductor manufacturing equipment, materials and services used to fabricate integrated circuits, flat panel displays, solar photovoltaic cells and modules, and related components for electronics devices.

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The takeaway

The reduction in KMG Fiduciary Partners' stake in Applied Materials reflects the ongoing volatility and uncertainty in the semiconductor industry, as investors carefully monitor the performance and prospects of key equipment suppliers.