ZEVENBERGEN CAPITAL INVESTMENTS LLC Reduces Holdings in Micron Technology, Inc. (MU)
ZEVENBERGEN CAPITAL INVESTMENTS LLC, a registered investment adviser, reduced its position in Micron Technology, Inc. (NASDAQ:MU) during Q3 2026, according to its most recent 13F…
Micron Technology, Inc. (NASDAQ:MU) · position decrease
Institution
ZEVENBERGEN CAPITAL INVESTMENTS LLC
Institution type
investment_adviser
Reporting period
Q3 2026
Shares
133,900
Position value
$142.6M
Position change
-17.7%
At a glance
Key takeaways
01Zevenbergen Capital reduced its Micron Technology position by 17.7%, selling 28,800 shares in Q3 2026, leaving holdings valued at approximately $142.6 million.
02Micron Technology stock trades at $1,040.55 with a $288.4 billion market capitalization as of the filing date.
03Institutional position reductions can reflect portfolio rebalancing, client redemptions, or profit-taking rather than negative outlooks on the company.
0413F filings reflect holdings from quarter-end and are filed up to 45 days later, so actual positions may have changed since the reporting date.
Filing Details
ZEVENBERGEN CAPITAL INVESTMENTS LLC, a registered investment adviser, reduced its position in Micron Technology, Inc. (NASDAQ:MU) during Q3 2026, according to its most recent 13F filing with the Securities and Exchange Commission.
The firm sold 28,800 shares of the Technology company, reducing its total holdings to 133,900 shares valued at approximately $142.6M as of the filing date. This represents a 17.7% decrease in the position.
Market Context
Micron Technology, Inc.'s stock currently trades at $1040.55 with a market capitalization of $288.4B.
Institutional selling doesn't always signal a bearish outlook. Large funds regularly trim positions for portfolio rebalancing, client redemptions, or to lock in gains. That said, when a major holder like ZEVENBERGEN CAPITAL INVESTMENTS LLC reduces exposure to Micron Technology, Inc., it's worth monitoring whether other institutions are making similar moves.
The technology sector has seen significant institutional rotation in recent quarters as investors weigh AI-driven growth against elevated valuations. Micron Technology, Inc.'s position within the sector makes institutional activity particularly noteworthy.
The size of this position — $142.6 million — places it among the more significant institutional holdings in Micron Technology, Inc. Large positions like this can influence trading dynamics and are closely watched by market participants tracking smart money flows.
Investors should note that 13F filings reflect holdings as of the end of the reporting quarter and are filed up to 45 days later. The position may have changed since the filing date. 13F data is most useful when analyzed alongside other signals such as insider transactions, analyst ratings, and fundamental trends.
A 13F filing is a quarterly SEC report required for institutional managers with over $100 million in assets. It discloses equity holdings, providing transparency into how firms like ZEVENBERGEN CAPITAL INVESTMENTS LLC position their portfolios.