In a significant shift, William Von Mueffling's Cantillon Capital Management dramatically reduced its stake in semiconductor company Analog Devices (ADI) by 95.4%, selling an estimated $724.23 million worth of shares. According to quarterly disclosures, the firm's holding dropped from over 1.9 million shares to just 88,014. This trade marks a major reversal for what had been a long-term position for the investor.
This disclosure, filed on July 29, 2026, reflects trades made during the second quarter ending June 30, 2026, and does not necessarily represent the firm's current holdings. The sale occurred during a period of strong performance for Analog Devices, which reported record revenue and issued positive guidance, driven by high demand in the AI and industrial sectors. The company also reported a cybersecurity incident in late June, noting some files were exfiltrated but that operations were not interrupted.