Susquehanna Upgrades Lam Research to Positive Amid Strong Fund Activity
Fintel reports that on February 20, 2025, Susquehanna upgraded their outlook for Lam Research (WBAG:LRC2) from Neutral to Positive.
Surge in Fund Sentiment
Currently, 2,820 funds or institutions are reporting positions in Lam Research. This marks a significant increase of 1,398 owners, or 98.31%, over the last quarter. The average portfolio weight dedicated to LRC2 by all funds is now at 0.31%, which is an increase of 60.05%. Over the past three months, total shares owned by institutions soared by 1,578.88%, reaching 1,113,476K shares.
Here are some notable institutional shareholders:
- Ameriprise Financial holds 34,544K shares, representing 2.69% ownership of the company.
- Geode Capital Management possesses 31,428K shares, equating to 2.45% ownership.
- JPMorgan Chase owns 27,443K shares, or 2.14% of the company.
- Norges Bank holds 23,005K shares, which is 1.79% ownership.
- Fisher Asset Management has 18,578K shares, representing 1.45% of ownership.
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This story originally appeared on Fintel.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
