Analog Devices Inc (ADI) is gone from Nicolai Tangen's AKO Capital portfolio as of September 30, 2026, according to the 13F-HR filed with the SEC on November 13, 2026. A quarter earlier the position was 617K shares worth about $245M, or 5.71% of the reported book. ADI had been in the portfolio for 2.5 years, since the quarter ended March 31, 2024.
What did the 2026 Q3 filing report for ADI?
As of September 30, 2026, from the 13F-HR filed November 13, 2026.
| Before | After | |
|---|---|---|
| Shares | 617K | 0 |
| Reported value | $245M | $0 |
| Portfolio weight | 5.71% | 0% |
| Held since | 2024 Q1 | sold out in 2026 Q3 |
| Quarters held | 10 |
What did Nicolai Tangen sell?
Nicolai Tangen sold 617K shares of ADI between the quarter ended June 30, 2026 and September 30, 2026. The ADI exit was the largest of the quarter's 23 position changes by percent change to portfolio.
Where does ADI sit in the Nicolai Tangen portfolio?
Before the sale, ADI carried 5.71% of the Nicolai Tangen portfolio, about the fund's average stock position of 6%. The largest stock position is ALC at 17.68%. Next come SUNB at 15.81% and RACE at 9.25%. The three largest stocks together are 42.74% of the book. Across the 2026 Q3 portfolio, Nicolai Tangen reported 18 stock positions, with 1 opened and 5 closed. The total portfolio value is about $3.15B, down 26% from the prior quarter.
How long has Nicolai Tangen held ADI?
Nicolai Tangen held ADI for 2.5 years, from the quarter ended March 31, 2024 to June 30, 2026. The weight peaked at 6.41% in 2026 Q1. Last quarter the fund had already cut the position by 40%, so the exit finishes a two-quarter unwind. Every reported trade is on the Nicolai Tangen ADI trade history page.
FAQ
How many ADI shares did Nicolai Tangen sell?
Nicolai Tangen sold all 617K shares of ADI it reported a quarter earlier, worth about $245M.
When did Nicolai Tangen first buy ADI?
Nicolai Tangen first reported ADI in the quarter ended March 31, 2024.
How much of the Nicolai Tangen portfolio was ADI?
ADI was 5.71% of the Nicolai Tangen portfolio at the prior quarter-end, and 0% after the sale.