Assenagon Asset Management Acquires $5.9M Stake in Lamb Weston

The investment firm added over 140,000 shares of the specialty food producer in Q4 2025.

Mar. 29, 2026 at 7:20am

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Assenagon Asset Management S.A. acquired a new stake of 140,836 shares in Lamb Weston (NYSE: LW), the specialty food producer, valued at approximately $5.9 million in the fourth quarter of 2025, according to a recent SEC filing.

Why it matters

Lamb Weston is a major player in the frozen potato products industry, supplying French fries, potato wedges, and other items to restaurants and grocery stores worldwide. This sizable new investment by Assenagon suggests the asset management firm sees growth potential in Lamb Weston's business.

The details

Assenagon Asset Management S.A. now owns approximately 0.10% of Lamb Weston's outstanding shares following this new investment. The firm joins other institutional investors and hedge funds that have also recently bought and sold Lamb Weston stock, including Goodman Financial Corp, Wealth Enhancement Advisory Services LLC, and Hudson Bay Capital Management LP.

  • Assenagon acquired the Lamb Weston shares in the 4th quarter of 2025.
  • The SEC filing disclosing the investment was made on March 29, 2026.

The players

Assenagon Asset Management S.A.

A European asset management firm that acquired a new stake in Lamb Weston in Q4 2025.

Lamb Weston

A leading global processor and supplier of frozen potato products, traded on the NYSE under the ticker symbol LW.

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The takeaway

This investment by Assenagon Asset Management suggests the firm sees strong growth potential in Lamb Weston's business, which could signal broader confidence in the frozen foods industry and the company's market position.