Jim Cullen's Cullen Value Fund reported Applied Materials Inc (AMAT) as the largest of its 42 stock positions for 2026 Q2, according to the NPORT-P filed with the SEC on August 24, 2026: 3.97K shares worth about $2.9M, 8.91% of the portfolio. AMAT ranked 2nd a quarter earlier, at 5% of the book.
What did the 2026 Q2 filing report for AMAT?
As of June 30, 2026, from the NPORT-P filed August 24, 2026.
| Value | |
|---|---|
| Portfolio weight | 8.91% |
| Shares | 3.97K |
| Reported value | $2.9M |
| Rank in portfolio | 1st of 42 |
| Rank a quarter earlier | 2nd |
| Largest holding a quarter earlier | C at 5.07% |
| Next largest holding now | C at 5.28% |
How did AMAT become the largest holding?
Jim Cullen trimmed the AMAT share count by 5% in 2026 Q2; the name moved up as the rest of the book shifted. C, the largest holding a quarter earlier at 5.07%, was trimmed to 5.28%, now 2nd. The next largest holding now is C at 5.28%.
Where does AMAT sit in the Jim Cullen portfolio?
AMAT is the largest of 42 stock positions in the Jim Cullen portfolio at 8.91%, above the fund's average stock position of 2%. The AMAT cut was the 8th largest of the quarter's 13 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Jim Cullen reported 42 stock positions, with 4 opened and 6 closed. The total portfolio value is about $32.2M, up 13% from the prior quarter.
How long has Jim Cullen held AMAT?
Jim Cullen first reported AMAT in the quarter ended March 31, 2022. The fund sold out of the name in 2022 Q2 and came back in 2022 Q3. The current weight is the highest the fund has reported for the name. The share count was unchanged the quarter before. Every reported trade is on the Jim Cullen AMAT trade history page.
Did other funds buy or sell AMAT in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of August 24, 2026, 9 hold AMAT. Of those, 2 opened it this quarter. The largest buyers of AMAT this quarter were Stephen Mandel and John Armitage. The largest sellers were Lewis Sanders, Chase Coleman III and William Von Mueffling. Every tracked holder of AMAT is on the AMAT ownership page.
FAQ
What is the largest holding in the Jim Cullen portfolio?
AMAT is the largest holding in the Jim Cullen portfolio as of 2026 Q2, at 8.91% of the reported value.
What was the largest holding of Jim Cullen a quarter earlier?
C, at 5.07% of the book. C, the largest holding a quarter earlier at 5.07%, was trimmed to 5.28%, now 2nd.
How did AMAT become the largest holding of Jim Cullen?
AMAT ranked 2nd a quarter earlier, at 5% of the book. Jim Cullen trimmed the AMAT share count by 5% in 2026 Q2; the name moved up as the rest of the book shifted. C, the largest holding a quarter earlier at 5.07%, was trimmed to 5.28%, now 2nd.
How many AMAT shares does Jim Cullen hold?
Jim Cullen holds 3.97K shares of AMAT, worth about $2.9M at June 30, 2026 prices.