ADI ANALOG DEVICES INC
Executive Summary
Three major institutions, including sovereign wealth fund Norges Bank and passive giant BofA, significantly increased positions in Analog Devices, with aggregate buying of $3.14B. However, two active/quant funds trimmed holdings by $57.9M, signaling mixed conviction. The cluster reflects diverging views between long-term and quantitative investors.
Key Financial Metrics
Institutional Positions
Net institutional flow: $3.1B
▲ Buyers (3)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Norges Bank | NEW | +0% | $2.2B | $2.2B |
| BofA | ADD | +39.4% | $2.6B | $922.3M |
| Two Sigma | ADD | +28.1% | $7.4M | $2.2M |
▼ Sellers (2)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Dodge & Cox | TRIM | -32.6% | $7.6M | -$1.9M |
| RenTech | TRIM | -43% | $150.8M | -$56.0M |
Actionable Insight
Monitor for follow-on buying from other long-term investors; watch for Q1 earnings or guidance changes that may explain the divergence between passive/sovereign buyers and active/quant sellers.
Key Facts
- Norges Bank initiated a new $2.22B position in ADI, the largest single new position in the cluster.
- BofA added $922.3M to its existing stake, increasing shares by 39.4%.
- Two quant/active funds — Dodge & Cox and RenTech — reduced holdings by a combined $57.9M.
- Total institutional buying ($3.14B) far outweighs selling ($57.9M), but the sellers are high-conviction active managers.
Financial Impact
3 institutions accumulated $3.14B in new positions while 2 reduced holdings by $57.9M
Risk Factors
- RenTech's significant trim could indicate short-term technical or model-driven concerns.
- Divergence between passive and active managers may signal uncertainty around valuation or semiconductor sector outlook.
Market Snapshot
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-ADI-2025-Q4 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 20, 2026
today
|
8-K
| — | awaiting T+20 | — | — |
|
Feb 28, 2026
11w ago
|
Institutional Cluster
| $351.96 $302.82 | ▼ −13.96% | ▼ −6.02% | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access