Assetmark Inc. Boosts Applied Materials Stake by 9.3%

Institutional investor adds over 32,000 shares to its position in semiconductor equipment manufacturer

Apr. 14, 2026 at 7:20am

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An extreme close-up of the intricate mechanical components that make up semiconductor manufacturing equipment, captured in a dramatic, high-contrast industrial style that conveys the scale and complexity of the technology powering the global electronics supply chain.An institutional investor's increased stake in a leading semiconductor equipment manufacturer signals confidence in the industry's continued growth.Santa Clara Today

Assetmark Inc., an institutional investor, increased its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 9.3% in the fourth quarter of 2025, according to a recent SEC filing. The firm now owns 376,513 shares of the manufacturing equipment provider's stock, worth approximately $96.76 million.

Why it matters

Applied Materials is a leading supplier of semiconductor manufacturing equipment, making this institutional investment noteworthy. The increase in Assetmark's position suggests the firm sees continued growth potential in the semiconductor industry and Applied Materials' market-leading position.

The details

According to the filing, Assetmark Inc. purchased an additional 32,136 shares of Applied Materials stock during the fourth quarter. This brings the firm's total holdings in the company to 376,513 shares. Applied Materials is a major provider of equipment, services and software used in the production of semiconductors, flat panel displays and other advanced materials.

  • Assetmark Inc. increased its stake in the fourth quarter of 2025.

The players

Assetmark Inc.

An institutional investor that manages assets for clients.

Applied Materials, Inc.

A leading manufacturer of semiconductor production equipment.

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The takeaway

This investment by Assetmark Inc. reflects the firm's confidence in the continued growth of the semiconductor industry and Applied Materials' position as a key supplier of critical manufacturing equipment. The increase in stake suggests Assetmark sees strong long-term potential for Applied Materials' business.