13FPulse
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LR

LRCX LAM RESEARCH CORP

2026Q2 · CUSIP 512807306 · Semi Equipment · Sector: Semiconductors

Piling in

Net holder growth ranks near the top of the market

Funds that own it
3,046
Institutions that reported holding it to the SEC
Net increase in holders
+439
Last quarter 2,607 → now 3,046
How unusual is that
Top 1% in the market
Stronger buying than 99.8% of US stocks
What the filings say, in one paragraph

3,046 funds held LRCX at the end of 2026Q2, up 439 from the quarter before. That is stronger buying than 99.8% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $23.2B(YoY +26.0%), the P/E is 50.1x, return on equity is 58.3%. LRCX has had 8 buying rushes in its history, and the price moved +29.9% 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.

2014Q3: holders=1 2014Q4: holders=1 2018Q1: holders=1 2018Q2: holders=1 2018Q3: holders=1 2018Q4: holders=1 2019Q1: holders=1 2019Q3: holders=1 2019Q4: holders=1 2020Q1: holders=1 2020Q2: holders=1 2020Q3: holders=1 2020Q4: holders=1 2021Q1: holders=2 2021Q2: holders=1 2021Q3: holders=1 2021Q4: holders=1 2022Q1: holders=2 2022Q2: holders=2 2022Q3: holders=2 2022Q4: holders=2 2023Q1: holders=2 2023Q2: holders=2 2023Q3: holders=3 2023Q4: holders=3 2024Q1: holders=3 2024Q2: holders=5 2024Q3: holders=132 2024Q4: holders=1600 2025Q1: holders=1743 2025Q2: holders=1838 2025Q3: holders=2072 2025Q4: holders=2355 2026Q1: holders=2607 2026Q2: holders=3046 -1468 -734 +0 +734 +1468 016003199 14Q318Q319Q420Q421Q422Q423Q424Q425Q426Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 8 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 1% in the market — —
2026Q1 Top 1% in the market +26.1% —
2025Q4 Top 1% in the market -5.4% +23.2%
2025Q3 Top 1% in the market +25.7% +61.3%
2025Q2 Top 5% +44.7% +50.2%
2025Q1 Top 1% in the market +18.2% +20.0%
2024Q4 Top 1% in the market -11.7% +2.3%
2024Q3 Top 1% in the market +6.8% +22.3%

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
404
Change in large funds
+38
Total value they hold
$460.7B
Funds buying for the first time
620
Funds that sold out entirely
181
Price change that quarter
+3.8%
Funds holding puts (bearish)
58
Funds holding calls (bullish)
59

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)
50.1
EPS (TTM)
$5.76
EPS YoY
+38.8%
Revenue (TTM)
$23.2B
Revenue YoY
+26.0%
Net margin
31.3%
ROE
58.3%
Debt ratio
47.0%
FCF (TTM)
$4.9B
Dividend (TTM)
$1.04
Quarterly Revenue & EPS
2021-09-26: EPS 0.83 2021-12-26: EPS 0.84 2022-03-27: EPS 0.73 2022-06-26: EPS 0.87 2022-09-25: EPS 1.04 2022-12-25: EPS 1.08 2023-03-26: EPS 0.60 2023-06-25: EPS 0.60 2023-09-24: EPS 0.67 2023-12-24: EPS 0.72 2024-03-31: EPS 0.73 2024-06-30: EPS 0.78 2024-09-29: EPS 0.86 2024-12-29: EPS 0.92 2025-03-30: EPS 1.03 2025-06-29: EPS 1.34 2025-09-28: EPS 1.24 2025-12-28: EPS 1.26 2026-03-29: EPS 1.45 2026-06-28: EPS 1.81 0B 3.4B 6.7B $B 0.00 1.00 1.99 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 24 12 36 61 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
-56M1.2B2.4B 20162017201820192020202120222023202420252026
Latest quarter $810M (2026-03-29)

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

As of 2026-06-28 · 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.