John Armitage's Egerton Capital returned to Applied Materials Inc (AMAT) in 2026 Q2, according to the 13F-HR filed with the SEC on July 21, 2026: 521K shares worth about $376.7M at June 30, 2026, 3.64% of the portfolio. The fund had sold out of the name in 2023 Q3. AMAT enters the book as the 10th largest of 23 stock positions.
What did the 2026 Q2 filing report for AMAT?
As of June 30, 2026, from the 13F-HR filed July 21, 2026.
| Value | |
|---|---|
| Shares | 521K |
| Reported value | $376.7M |
| Portfolio weight | 3.64% |
| Rank in portfolio | 10th of 23 |
| Sold out in | 2023 Q3 |
| Out for | about 3 years |
How big is the returning AMAT position?
John Armitage opened 5 stock positions in 2026 Q2; AMAT is the largest of them by weight. An average stock position in the John Armitage portfolio is 4% of the reported value, so the new name starts at about the fund's typical size.
Where does AMAT sit in the John Armitage portfolio?
AMAT ranks 10th of 23 stock positions in the John Armitage portfolio at 3.64%, about the fund's average stock position of 4%. The largest stock position is V at 14.13%. Next come GOOG at 11.24% and APH at 8.29%. The three largest stocks together are 33.66% of the book. The AMAT purchase was the 5th largest of the quarter's 29 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, John Armitage reported 23 stock positions, with 5 opened and 6 closed. The total portfolio value is about $10.4B, up 15% from the prior quarter.
When did John Armitage hold AMAT before?
John Armitage held AMAT before. The fund first reported the name in the quarter ended March 31, 2017, sold out twice, most recently in 2023 Q3, and is back after about 3 years out. The weight peaked at 7.88% in 2017 Q3. Every reported trade is on the John Armitage 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 July 21, 2026, 9 hold AMAT. Of those, one opened it this quarter. The largest buyer of AMAT this quarter was Stephen Mandel. 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
How many AMAT shares does John Armitage hold?
John Armitage holds 521K shares of AMAT as of June 30, 2026, worth about $376.7M.
What is AMAT's weight in the John Armitage portfolio?
AMAT is 3.64% of the John Armitage portfolio and ranks 10th of 23 stocks by weight.
Has John Armitage owned AMAT before?
Yes. John Armitage held AMAT before. The fund first reported the name in the quarter ended March 31, 2017, sold out twice, most recently in 2023 Q3, and is back after about 3 years out.
How many other tracked funds hold AMAT?
9 other tracked funds that had filed for 2026 Q2 hold AMAT. One of them opened it this quarter.