Semtech Corp (SMTC) fell to 2.62% of Fred Martin's Disciplined Growth Investors portfolio in 2026 Q2, from 3.47%, according to the 13F-HR filed with the SEC on August 14, 2026. The share count dropped 57% to 955K shares, and the position is worth about $154.6M and ranks 14th of 58 stocks by weight.
What did the 2026 Q2 filing report for SMTC?
As of June 30, 2026, from the 13F-HR filed August 14, 2026.
| Before | After | |
|---|---|---|
| Shares | 2.21M | 955K |
| Shares sold | -1.25M (57%) | |
| Reported value | $169.7M | $154.6M |
| Portfolio weight | 3.47% | 2.62% |
| Rank in portfolio | 14th of 58 |
How much did Fred Martin cut SMTC?
Fred Martin sold 1.25M shares of SMTC during 2026 Q2, cutting the stake from 2.21M to 955K. The reported value of the position fell by about $15.1M, from about $169.7M to about $154.6M.
Where does SMTC sit in the Fred Martin portfolio?
SMTC ranks 14th of 58 stock positions in the Fred Martin portfolio at 2.62%, above the fund's average stock position of 2%. The largest stock position is PLXS at 7.34%. Next come VSAT at 7.21% and P at 6.2%. The three largest stocks together are 20.74% of the book. The SMTC cut was the 2nd largest of the quarter's 63 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Fred Martin reported 58 stock positions, with 3 opened and 6 closed. The total portfolio value is about $5.9B, up 21% from the prior quarter.
How long has Fred Martin held SMTC?
Fred Martin first reported SMTC in the quarter ended June 30, 2022. The weight peaked at 3.95% in 2025 Q4. This is the second straight quarter of cuts. Last quarter the fund trimmed it by 21%. Every reported trade is on the Fred Martin SMTC trade history page.
FAQ
How many SMTC shares did Fred Martin sell in 2026 Q2?
Fred Martin sold 1.25M shares of SMTC, 57% of the position, leaving 955K shares.
What remains of the SMTC position of Fred Martin?
Fred Martin still holds 955K shares of SMTC, worth about $154.6M at June 30, 2026 prices.
How much of the Fred Martin portfolio is SMTC now?
SMTC is 2.62% of the Fred Martin portfolio, down from 3.47% a quarter earlier.