Citigroup Downgrades Wolfspeed, Shareholder Actions Noted

Fintel reports that on May 9, 2025, Citigroup revised its outlook for Wolfspeed (BMV:WOLF) from Neutral to Sell.

Shareholder Activity Overview

UBS Group

UBS Group now holds 17,106K shares, representing 15.41% ownership of the company. Previously, the firm reported ownership of 6,353K shares, indicating a 62.86% increase. Additionally, UBS enhanced its portfolio allocation in WOLF by 56.84% over the last quarter.

Price T Rowe Associates

Price T Rowe Associates possesses 12,528K shares, reflecting 11.29% ownership. In its last filing, the firm reported 8,004K shares, marking a 36.11% increase. The allocation in WOLF was adjusted upward by 7.60% in the latest quarter.

IJR – iShares Core S&P Small-Cap ETF

IJR holds 8,221K shares, equating to 7.41% ownership. The firm previously reported 7,999K shares, showing a modest 2.69% increase, though it decreased its portfolio allocation in WOLF by 30.57% last quarter.

TRMCX – T. Rowe Price Mid-Cap Value Fund

TRMCX currently holds 7,216K shares, representing 6.50% ownership. Last reported holdings were 4,565K shares, demonstrating a 36.74% increase, with a portfolio allocation increase of 10.04% over the last quarter.

Primecap Management

Primecap Management owns 6,665K shares, accounting for 6.01% ownership. Previously, the firm reported 6,519K shares, an increase of 2.19%, but it decreased its portfolio allocation in WOLF by 49.86% last quarter.

Fintel provides comprehensive investment research geared towards individual investors, traders, financial advisors, and small hedge funds. The data encompasses fundamentals, analyst reports, ownership insights, and fund sentiment.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.