Compound Global Advisors, LLC Boosts Micron Technology Holdings in Latest 13F Filing

Compound Global Advisors, LLC Boosts Micron Technology Holdings in Latest 13F Filing

In its latest SEC 13F filing, Compound Global Advisors, LLC has significantly increased its stake in Micron Technology (MU), a leading player in the electronics industry. The firm added 33,850 shares to its position, bringing the total market value of its Micron holdings to $40.39 million. This move underscores the fund’s strategic interest in the semiconductor sector, a critical industry driving technological innovation.

A Closer Look at the Trade

Micron Technology now accounts for 1.83% of Compound Global Advisors' portfolio, reflecting a stable allocation. The firm’s ownership represents 0.01% of Micron’s total outstanding shares, signaling a relatively modest but noteworthy position in the company. Despite the increase in shares, the overall percentage position in the portfolio remains unchanged at 1.83%, indicating a rebalancing effort rather than a shift in overall strategy.

Why is Compound Global Advisors Investing in Micron Technology?

Micron Technology is a key player in the electronics and semiconductor industry, specializing in memory and storage solutions. The sector has seen increased demand due to advancements in AI, cloud computing, and 5G technologies. By increasing its stake, Compound Global Advisors may be positioning itself to capitalize on Micron’s growth potential in these high-demand areas.

How Much of Micron Technology Does Compound Global Advisors Own?

As of the latest filing, Compound Global Advisors owns 0.01% of Micron Technology’s total outstanding shares. While this represents a small fraction of the company, the $40.39 million valuation of the holding indicates confidence in the stock’s long-term prospects.

Portfolio Impact

Micron Technology’s inclusion at 1.83% of the portfolio highlights its importance within Compound Global Advisors’ investment strategy. This move suggests a balanced approach, ensuring exposure to a high-growth industry without over-concentrating risk.

For more detailed insights into Compound Global Advisors, LLC’s investment strategy and other portfolio changes, view their full real-time portfolio and historical 13F data here.