Lam Research sees shifting institutional holdings in recent SEC filings

Recent SEC filings reveal shifting institutional positions in semiconductor equipment manufacturer Lam Research Corporation.

Third Point LLC, an activist hedge fund led by Daniel Loeb, has completely liquidated its position in the company. The fund held 75,000 shares valued at approximately $16 million before selling the entire stake during the second quarter. This move coincides with a significant reduction in Third Point’s total portfolio value, which fell from $7.27 billion to $2.08 billion in the period ending March 31, 2026.

Other institutional activity shows mixed results. Range Financial Group LLC reduced its stake in Lam Research by 15.8% during the second quarter, leaving the firm with 21,841 shares. Conversely, several other investors increased their holdings, including Price T Rowe Associates Inc. MD, Franklin Resources Inc., and Corient Private Wealth LLC, all of whom significantly boosted their positions during the fourth quarter.