Lewis Sanders' Sanders Capital reduced its SEAGATE TECHNOLOGY ULC (STX) position by 73% in 2026 Q2, according to the 13F-HR filed with the SEC on August 10, 2026. The stake went from 12.9M to 3.49M shares, worth about $3.4B, and from 6.02% to 3.37% of the reported portfolio.
What did the 2026 Q2 filing report for STX?
As of June 30, 2026, from the 13F-HR filed August 10, 2026.
| Before | After | |
|---|---|---|
| Shares | 12.9M | 3.49M |
| Shares sold | -9.41M (73%) | |
| Reported value | $5.1B | $3.4B |
| Portfolio weight | 6.02% | 3.37% |
| Rank in portfolio | 9th of 47 |
How much did Lewis Sanders cut STX?
Lewis Sanders sold 9.41M shares of STX during 2026 Q2, cutting the stake from 12.9M to 3.49M. The reported value of the position fell by about $1.7B, from about $5.1B to about $3.4B.
Where does STX sit in the Lewis Sanders portfolio?
STX ranks 9th of 47 stock positions in the Lewis Sanders portfolio at 3.37%, above the fund's average stock position of 2%. The largest stock position is TSM at 12.51%. Next come GOOG at 9.72% and AMZN at 7.01%. The three largest stocks together are 29.24% of the book. The STX cut was the largest of the quarter's 48 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Lewis Sanders reported 47 stock positions, with 4 opened and 1 closed. The total portfolio value is about $99.8B, up 19% from the prior quarter.
How long has Lewis Sanders held STX?
Lewis Sanders first reported STX in the quarter ended September 30, 2021. The weight peaked at 6.02% in 2026 Q1. This is the second straight quarter of cuts. Last quarter the fund trimmed it by 25%. Every reported trade is on the Lewis Sanders STX trade history page.
Did other funds buy or sell STX in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of August 10, 2026, 2 hold STX. The largest buyers of STX this quarter were Stephen Mandel and Chase Coleman III. Every tracked holder of STX is on the STX ownership page.
FAQ
How many STX shares did Lewis Sanders sell in 2026 Q2?
Lewis Sanders sold 9.41M shares of STX, 73% of the position, leaving 3.49M shares.
What remains of the STX position of Lewis Sanders?
Lewis Sanders still holds 3.49M shares of STX, worth about $3.4B at June 30, 2026 prices.
How much of the Lewis Sanders portfolio is STX now?
STX is 3.37% of the Lewis Sanders portfolio, down from 6.02% a quarter earlier.
Did other funds trim STX in 2026 Q2?
Among the 2 other tracked funds that hold STX, none trimmed it in 2026 Q2 and none added to it.