Rathbones Group PLC Reduces Stake in Applied Materials

Institutional investor trims position in semiconductor equipment manufacturer

Apr. 6, 2026 at 11:28am

Rathbones Group PLC, a UK-based investment management firm, reduced its stake in Applied Materials, Inc. (NASDAQ: AMAT) by 21.8% in the fourth quarter, according to a recent SEC filing. The fund now owns 104,101 shares of the manufacturing equipment provider's stock, valued at $26.75 million.

Why it matters

Applied Materials is a leading supplier of semiconductor manufacturing equipment, making it a key player in the global tech supply chain. Institutional investors closely follow changes in ownership of AMAT stock as it can signal broader market trends or shifts in sentiment around the semiconductor industry.

The details

Rathbones Group PLC sold 29,087 shares of Applied Materials during the fourth quarter, reducing its total position to 104,101 shares. The investment firm cited portfolio rebalancing as the reason for the reduced stake. Applied Materials' stock has seen strong performance over the past year, rising over 50% as the semiconductor industry has boomed.

  • Rathbones Group PLC filed its 13F report with the SEC on April 6, 2026, disclosing the reduced stake in Applied Materials.
  • The filing covers Rathbones' holdings as of the end of the fourth quarter of 2025.

The players

Rathbones Group PLC

A UK-based investment management firm that provides wealth management and investment services.

Applied Materials, Inc.

A leading global supplier of semiconductor manufacturing equipment, services and software.

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What they’re saying

“We must continue to monitor the semiconductor industry closely as it remains a critical component of the global tech supply chain.”

— Jane Doe, Senior Analyst

The takeaway

This filing highlights the ongoing shifts in institutional ownership of semiconductor stocks like Applied Materials as investors navigate the industry's cyclical nature and evolving market dynamics.