Tounjian Advisory Partners LLC Lowers Stake in Micron Technology

Hedge fund reduces position in semiconductor manufacturer by 46%

Mar. 3, 2026 at 7:15am

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Tounjian Advisory Partners LLC has lowered its stake in Micron Technology, Inc. (NASDAQ:MU) by 46.0% during the 3rd quarter, according to a recent disclosure with the Securities & Exchange Commission. The firm now owns 12,362 shares of the semiconductor manufacturer's stock, down from 22,906 shares previously.

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 can signal shifts in market sentiment and future performance expectations for the company.

The details

According to the filing, Tounjian Advisory Partners sold 10,544 shares of Micron Technology during the quarter, reducing its total position to 12,362 shares worth approximately $2.07 million. The hedge fund cited unspecified reasons for the portfolio adjustment.

  • Tounjian Advisory Partners lowered its Micron Technology stake during the 3rd quarter of 2026.

The players

Tounjian Advisory Partners LLC

A hedge fund that previously held a position in semiconductor manufacturer Micron Technology.

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

This filing indicates that one institutional investor has reduced its exposure to Micron Technology, though the reasons behind the portfolio adjustment are unclear. Investors will likely continue to monitor changes in ownership and sentiment around this key semiconductor stock.