13FPulse
FO

FORM FORMFACTOR INC

2026Q2 · CUSIP 346375108 · Semi Equipment · Sector: Semiconductors

Piling in

Net holder growth ranks near the top of the market

Funds that own it
501
Institutions that reported holding it to the SEC
Net increase in holders
+108
Last quarter 393 → now 501
How unusual is that
Top 5%
Stronger buying than 98% of US stocks
What the filings say, in one paragraph

501 funds held FORM at the end of 2026Q2, up 108 from the quarter before. That is stronger buying than 98.4% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $902M(YoY +18.0%), the P/E is 66.2x, return on equity is 10.4%. FORM has had 15 buying rushes in its history, and the price moved +27.7% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Semiconductors sector, tagged Semi Equipment.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=111 2013Q4: holders=96 2014Q1: holders=102 2014Q2: holders=115 2014Q3: holders=115 2014Q4: holders=130 2015Q1: holders=144 2015Q2: holders=126 2015Q3: holders=122 2015Q4: holders=120 2016Q1: holders=120 2016Q2: holders=122 2016Q3: holders=132 2016Q4: holders=128 2017Q1: holders=129 2017Q2: holders=149 2017Q3: holders=160 2017Q4: holders=181 2018Q1: holders=185 2018Q2: holders=161 2018Q3: holders=161 2018Q4: holders=167 2019Q1: holders=163 2019Q2: holders=169 2019Q3: holders=175 2019Q4: holders=202 2020Q1: holders=205 2020Q2: holders=224 2020Q3: holders=220 2020Q4: holders=238 2021Q1: holders=246 2021Q2: holders=230 2021Q3: holders=224 2021Q4: holders=229 2022Q1: holders=237 2022Q2: holders=235 2022Q3: holders=240 2022Q4: holders=210 2023Q1: holders=223 2023Q2: holders=233 2023Q3: holders=231 2023Q4: holders=246 2024Q1: holders=262 2024Q2: holders=311 2024Q3: holders=319 2024Q4: holders=301 2025Q1: holders=276 2025Q2: holders=301 2025Q3: holders=278 2025Q4: holders=333 2026Q1: holders=393 2026Q2: holders=501 -108 -54 +0 +54 +108 86307527 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 15 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 5%
2026Q1 Top 5%
2025Q4 Top 10% +35.8%
2025Q2 Top 20% +75.2% +230.7%
2024Q2 Top 5% -20.5% -24.7%
2024Q1 Top 20% -8.7% -32.1%
2023Q1 Top 20% +0.4% +28.6%
2020Q2 Top 20% +28.3% +66.9%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
224
Change in large funds
+32
Total value they hold
$11.4B
Funds buying for the first time
159
Funds that sold out entirely
51
Price change that quarter
-17.7%
Funds holding puts (bearish)
7
Funds holding calls (bullish)
9

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
66.2
EPS (TTM)
$1.46
EPS YoY
+160.7%
Revenue (TTM)
$0.9B
Revenue YoY
+18.0%
Net margin
12.8%
ROE
10.4%
Debt ratio
17.2%
FCF (TTM)
$136M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-25: EPS 0.26 2021-12-25: EPS 0.32 2022-03-26: EPS 0.38 2022-06-25: EPS 0.38 2022-09-24: EPS 0.06 2022-12-31: EPS -0.17 2023-04-01: EPS 0.02 2023-07-01: EPS 0.01 2023-09-30: EPS 0.06 2023-12-30: EPS 0.96 2024-03-30: EPS 0.28 2024-06-29: EPS 0.25 2024-09-28: EPS 0.24 2024-12-28: EPS 0.12 2025-03-29: EPS 0.08 2025-06-28: EPS 0.12 2025-09-27: EPS 0.20 2025-12-27: EPS 0.29 2026-03-28: EPS 0.26 2026-06-27: EPS 0.71 0M 129M 258M $M -0.19 0.43 1.06 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 48 17 86 154 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-47M-5M37M 20162017201820192020202120222023202420252026
Latest quarter $30M (2026-03-28)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-27 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.