John Armitage's Egerton Capital exited Applied Materials Inc (AMAT) during 2026 Q3, according to the 13F-HR filed with the SEC on October 20, 2026, selling all 521K shares. The position had been worth about $377M at the prior quarter-end and carried 3.64% of the book. AMAT had been in the portfolio for 1 quarter, since the quarter ended June 30, 2026.
What did the 2026 Q3 filing report for AMAT?
As of September 30, 2026, from the 13F-HR filed October 20, 2026.
| Before | After | |
|---|---|---|
| Shares | 521K | 0 |
| Reported value | $377M | $0 |
| Portfolio weight | 3.64% | 0% |
| Held since | 2026 Q2 | sold out in 2026 Q3 |
| Quarters held | 1 |
What did John Armitage sell?
John Armitage sold 521K shares of AMAT between the quarter ended June 30, 2026 and September 30, 2026. The AMAT exit was the 2nd largest of the quarter's 27 position changes by percent change to portfolio.
Where does AMAT sit in the John Armitage portfolio?
Before the sale, AMAT carried 3.64% of the John Armitage portfolio, about the fund's average stock position of 4%. The largest stock position is V at 14.93%. Next come AMZN at 11.96% and APH at 9.19%. The three largest stocks together are 36.08% of the book. Across the 2026 Q3 portfolio, John Armitage reported 23 stock positions, with 4 opened and 4 closed. The total portfolio value is about $9.82B, down 5% from the prior quarter.
How long has John Armitage held AMAT?
John Armitage held AMAT for 1 quarter, from the quarter ended June 30, 2026 to June 30, 2026. The fund sold out of the name in 2023 Q3 and came back in 2026 Q2. The weight peaked at 7.88% in 2017 Q3. Every reported trade is on the John Armitage AMAT trade history page.
FAQ
How many AMAT shares did John Armitage sell?
John Armitage sold all 521K shares of AMAT it reported a quarter earlier, worth about $377M.
When did John Armitage first buy AMAT?
John Armitage first reported AMAT in the quarter ended March 31, 2017.
How much of the John Armitage portfolio was AMAT?
AMAT was 3.64% of the John Armitage portfolio at the prior quarter-end, and 0% after the sale.