Clark Capital Management Group Increases Micron Technology Stake

Hedge fund adds over 7,000 shares of semiconductor manufacturer in Q3

Mar. 16, 2026 at 9:09am

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Clark Capital Management Group Inc. raised its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 13.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 59,169 shares of the semiconductor manufacturer's stock, worth $9.9 million at the end of the reporting period.

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 Clark Capital closely monitor and adjust their positions in Micron, providing insight into the stock's performance and outlook.

The details

According to the 13F filing, Clark Capital Management Group bought an additional 7,037 shares of Micron Technology during the 3rd quarter. This increased the firm's total stake in the company by 13.5%. Micron Technology's stock has seen significant gains over the past year, rising from around $61 per share to over $400 per share as of early 2026.

  • Clark Capital Management Group filed its 13F report for the 3rd quarter of 2025 on March 16, 2026.

The players

Clark Capital Management Group Inc.

A Pennsylvania-based investment management firm that oversees over $20 billion in client assets.

Micron Technology, Inc.

An American 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

Clark Capital Management Group's increased stake in Micron Technology reflects the hedge fund's confidence in the semiconductor manufacturer's growth prospects. As a major player in the memory and storage market, Micron's performance is closely watched by institutional investors seeking exposure to the technology sector.