Micron Technology Shares Acquired by NorthCrest Asset Management

Institutional investor increases stake in semiconductor manufacturer

Mar. 22, 2026 at 10:52am

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NorthCrest Asset Management LLC boosted its position in Micron Technology, Inc. (NASDAQ:MU) by 6.9% in the 4th quarter, according to the company's recent Form 13F filing with the Securities & Exchange Commission. The fund now owns 47,002 shares of the semiconductor manufacturer's stock, worth $14.67 million at the end of the quarter.

Why it matters

Micron Technology is a major global semiconductor company, and changes in institutional ownership of its stock can signal broader trends in the industry and investor sentiment. The increase in NorthCrest's stake suggests confidence in Micron's performance and growth prospects.

The details

According to the filing, NorthCrest Asset Management bought an additional 3,028 shares of Micron Technology during the fourth quarter. Several other institutional investors and hedge funds have also recently adjusted their positions in Micron, with some increasing their stakes and others reducing exposure.

  • NorthCrest Asset Management filed its 13F report for the fourth quarter of 2025 on March 22, 2026.

The players

NorthCrest Asset Management LLC

An institutional investment management firm that has increased its stake in Micron Technology.

Micron Technology, Inc.

A global semiconductor company that designs and manufactures memory and storage solutions.

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The takeaway

The increase in NorthCrest's position in Micron Technology suggests continued institutional investor confidence in the semiconductor manufacturer's outlook, despite broader market volatility.