Cambiar Investors Reduces Stake in Applied Materials

Investment firm cuts holdings in semiconductor equipment maker by nearly 10%

Apr. 12, 2026 at 8:36am

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An extreme close-up of the gears, circuits, and mechanical parts that make up the complex machinery inside a semiconductor fabrication facility, captured in a high-contrast, industrial style that emphasizes the scale and technical precision of modern chip manufacturing.The sophisticated equipment and infrastructure powering the semiconductor industry's continued growth and innovation.Santa Clara Today

Cambiar Investors LLC, an investment management firm, reduced its stake in Applied Materials, Inc. (NASDAQ: AMAT) by 9.9% during the fourth quarter, according to a recent SEC filing. The firm now owns 178,237 shares of the manufacturing equipment provider's stock, valued at $45.8 million.

Why it matters

Applied Materials is a leading supplier of semiconductor manufacturing equipment, and changes in institutional ownership can signal shifts in market sentiment around the company and the broader semiconductor industry.

The details

According to the 13F filing, Cambiar Investors sold 19,645 shares of Applied Materials stock during the fourth quarter. The firm now holds a 2% position in the company, making it the 22nd largest holding in Cambiar's investment portfolio.

  • Cambiar Investors reduced its stake in Applied Materials during the fourth quarter of 2026.

The players

Cambiar Investors LLC

An investment management firm that owns a stake in Applied Materials.

Applied Materials, Inc.

A leading supplier of semiconductor manufacturing equipment.

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The takeaway

This reduction in Cambiar Investors' stake in Applied Materials reflects broader market trends and investor sentiment around the semiconductor industry. While the filing does not provide insight into the firm's specific rationale, it highlights the ongoing shifts in institutional ownership of major industry players.