Bell Bank Cuts Intel Position by 80%

Hedge fund reduces stake in chip maker amid market volatility

Mar. 29, 2026 at 8:03am

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Bell Bank, a financial services firm, decreased its holdings in Intel Corporation (NASDAQ:INTC) by 80.1% in the fourth quarter, according to a recent SEC filing. The firm now owns 13,379 shares of the chip maker's stock, down from 53,684 shares previously.

Why it matters

This move by Bell Bank reflects broader uncertainty around Intel's performance and the overall semiconductor industry, which has faced headwinds from supply chain issues and macroeconomic factors. The reduced position could signal a lack of confidence in Intel's near-term prospects among some institutional investors.

The details

According to the filing, Bell Bank sold 53,684 shares of Intel during the fourth quarter, leaving it with a much smaller stake of 13,379 shares valued at $494,000. The firm cited market conditions and portfolio rebalancing as reasons for the dramatic reduction in its Intel holdings.

  • Bell Bank filed the 13F report disclosing the Intel position change on March 29, 2026.

The players

Bell Bank

A financial services firm that manages investments and provides banking products.

Intel Corporation

A leading global designer and manufacturer of semiconductor products, including processors and chipsets used in personal computers and data centers.

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The takeaway

This move by Bell Bank highlights the ongoing challenges facing Intel and the broader semiconductor industry. As market conditions remain volatile, some institutional investors are taking a more cautious approach to their positions in chip stocks like Intel.