Victory Capital Management Inc. Reduces Stake in Micron Technology

Institutional investor lowers position in semiconductor company by 1% in Q3

Published on Mar. 4, 2026

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Victory Capital Management Inc., an institutional investor, reduced its stake in Micron Technology, Inc. (NASDAQ:MU) by 1.0% during the third quarter, according to a recent 13F filing with the SEC. The firm still held 810,798 shares of the semiconductor manufacturer's stock, valued at approximately $135.66 million as of the filing.

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. Institutional investors like Victory Capital Management closely monitor and adjust their positions in companies like Micron, which can provide insights into market sentiment and performance expectations.

The details

According to the 13F filing, Victory Capital Management sold 8,407 shares of Micron Technology during the third quarter, reducing its overall position by 1.0%. The firm still held a sizable stake, owning about 0.07% of Micron's outstanding shares. Several other large investors have also made changes to their Micron positions in recent quarters, with some increasing their stakes and others, like Victory Capital, decreasing their exposure.

Victory Capital Management filed its 13F report for the third quarter of 2026.

The players