Assenagon Asset Management Boosts Cirrus Logic Holdings

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Assenagon Asset Management S.A. has significantly increased its holdings in Cirrus Logic, Inc. (NASDAQ:CRUS), a semiconductor company specializing in audio and power management solutions. According to a recent SEC filing, the investment firm boosted its position in Cirrus Logic by 223.1% during the fourth quarter, now owning 144,139 shares worth approximately $17.08 million.

Why it matters

Cirrus Logic is a key supplier of audio and power management chips for major consumer electronics brands. The increase in Assenagon's stake suggests the investment firm sees strong growth potential in the company, which could signal confidence in Cirrus Logic's future performance and product pipeline.

The details

Assenagon Asset Management S.A. purchased an additional 99,526 shares of Cirrus Logic during the fourth quarter, bringing its total holdings to 144,139 shares. This represents a 223.1% increase in the firm's position. Cirrus Logic is a fabless semiconductor company that designs low-power, high-performance audio, voice, and power management integrated circuits for mobile devices, tablets, and other consumer electronics.

• Assenagon Asset Management S.A. increased its Cirrus Logic holdings in the fourth quarter of 2025.