In a recent 13F filing with the SEC, William Von Mueffling's Cantillon Capital Management disclosed a significant reduction in its position in Applied Materials (AMAT). The filing, which reflects holdings as of June 30, 2026, revealed that the firm sold approximately 1.47 million shares, cutting its stake by 96.70%. This trade reduced Cantillon's holding to just 50,180 shares, valued at $36.28 million at the end of the second quarter.
Investors should note that 13F filings are submitted to the SEC up to 45 days after the end of a quarter, so these reported trades occurred at some point between April 1 and June 30, 2026. Despite the massive share reduction, Applied Materials still accounted for a 5.45% weight in Cantillon's reported portfolio for the period.