DAVENPORT & Co LLC Reduces Stake in AMD Shares

Institutional investor trims position in semiconductor manufacturer by over 80% in Q4 2025

Mar. 28, 2026 at 7:57am

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DAVENPORT & Co LLC, an institutional investor, reduced its stake in Advanced Micro Devices, Inc. (AMD) by 82.5% during the fourth quarter of 2025, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 18,837 shares of the semiconductor manufacturer's stock, down from 107,868 shares held previously.

Why it matters

This reduction in DAVENPORT & Co LLC's AMD holdings reflects broader trends in the semiconductor industry, as investors reassess their positions amid market volatility and changing technology landscapes. The filing provides insight into the investment strategies of major institutional players and could signal potential shifts in sentiment around AMD's stock performance.

The details

According to the 13F filing, DAVENPORT & Co LLC sold 89,031 shares of AMD stock during the fourth quarter, leaving the firm with a remaining position of 18,837 shares. The value of DAVENPORT & Co LLC's AMD holdings at the end of the quarter was $4,034,000.

  • DAVENPORT & Co LLC filed the 13F report on March 28, 2026, disclosing its Q4 2025 portfolio changes.
  • The firm reduced its AMD stake during the fourth quarter of 2025.

The players

DAVENPORT & Co LLC

An institutional investor and asset management firm based in Davenport, Iowa.

Advanced Micro Devices, Inc. (AMD)

A global semiconductor company that designs and sells microprocessors, graphics processors, and adaptive computing solutions for a range of markets.

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The takeaway

This filing highlights the shifting investment landscape in the semiconductor industry, as major institutional players like DAVENPORT & Co LLC reevaluate their positions in leading chipmakers like AMD. The reduction in AMD holdings could signal broader market concerns or a strategic repositioning of the firm's portfolio.