Pinnacle Associates Sells Shares in Advanced Energy Industries

Hedge fund decreases stake in electronics manufacturer by 4.4% in Q3

Published on Mar. 9, 2026

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Pinnacle Associates Ltd., a hedge fund, decreased its holdings in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 4.4% during the third quarter, according to the company's recent 13F filing with the Securities & Exchange Commission. Pinnacle Associates now owns approximately 95,430 shares of the electronics maker's stock, valued at $16,236,000.

Why it matters

Advanced Energy Industries is a major manufacturer of precision power conversion, measurement, and control solutions used in semiconductor fabrication, industrial coating, and other high-tech industries. Changes in institutional ownership of the company's stock can signal shifts in investor sentiment and the stock's future performance.

The details

Pinnacle Associates sold 4,410 shares of Advanced Energy Industries during the third quarter, reducing its total stake in the company to 95,430 shares. Other major institutional investors in Advanced Energy Industries include Bank of America Corp DE, Geode Capital Management LLC, and Massachusetts Financial Services Co. MA.

  • Pinnacle Associates decreased its holdings in Advanced Energy Industries during the 3rd quarter of 2026.

The players

Pinnacle Associates Ltd.

A hedge fund that decreased its stake in Advanced Energy Industries by 4.4% in Q3 2026.

Advanced Energy Industries, Inc.

An American company that specializes in precision power conversion, measurement, and control solutions for high-tech industries.

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The takeaway

This filing indicates that Pinnacle Associates has reduced its investment in Advanced Energy Industries, potentially signaling a shift in sentiment around the electronics manufacturer's stock. However, the company remains majority-owned by institutional investors, suggesting ongoing confidence in its long-term prospects.