Micron Technology's Holdings Decrease as Thornburg Investment Management Sells Shares

Institutional investor reduces stake in semiconductor manufacturer by 87.9% in Q3

Published on Feb. 27, 2026

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Thornburg Investment Management Inc. lessened its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 87.9% during the 3rd quarter, according to the company's recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,791 shares of the semiconductor manufacturer's stock after selling 56,848 shares.

Why it matters

Micron Technology is a major player in the semiconductor industry, producing memory and storage solutions used in a wide range of computing and electronic devices. Changes in institutional ownership of the company's stock can signal shifts in investor sentiment and market expectations.

The details

According to the 13F filing, Thornburg Investment Management reduced its position in Micron Technology from 64,639 shares at the end of the 2nd quarter to just 7,791 shares by the end of the 3rd quarter. This represents an 87.9% decrease in the institutional investor's holdings of the semiconductor stock.

  • Thornburg Investment Management reduced its Micron Technology holdings during the 3rd quarter of the year.

The players

Thornburg Investment Management Inc.

An institutional investment management firm that reduced its stake in Micron Technology by 87.9% in the third quarter.

Micron Technology, Inc.

A global semiconductor company that designs and manufactures memory and storage solutions for a wide range of computing and electronic devices.

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The takeaway

The significant reduction in Thornburg Investment Management's Micron Technology holdings could signal a shift in investor sentiment around the semiconductor company, though further analysis would be needed to determine the broader market implications.