Micron Technology Shares Purchased by Assetmark Inc.

Institutional investor increases stake in semiconductor manufacturer

Apr. 16, 2026 at 7:20am

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An extreme close-up of shiny, interlocking metal gears and components, representing the complex machinery and technology at the heart of Micron's semiconductor manufacturing operations.Assetmark Inc.'s increased stake in Micron Technology underscores the semiconductor manufacturer's vital role in powering the digital economy.Boise Today

Assetmark Inc. increased its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 28.2% in the 4th quarter, according to the company's latest SEC filing. The fund now owns 76,839 shares of the semiconductor manufacturer's stock, worth $21.9 million.

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. This increased investment by Assetmark Inc. signals continued confidence in Micron's business and growth prospects.

The details

Assetmark Inc. purchased an additional 16,895 shares of Micron Technology during the fourth quarter, bringing its total stake to 76,839 shares. This represents a 28.2% increase in the institutional investor's position in the company.

  • Assetmark Inc. disclosed the increased stake in Micron Technology in a 13F filing for the fourth quarter of 2025.

The players

Assetmark Inc.

An investment management firm that provides wealth management and retirement planning services.

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

Micron Technology's position as a leading semiconductor manufacturer is further reinforced by this increased investment from Assetmark Inc., a respected institutional investor. This signals ongoing confidence in the company's ability to capitalize on trends in data centers, cloud infrastructure, and consumer electronics.