APPLIED MATLS INC

Applied Materials' Q1 2026 institutional ownership is a $207.0B book across 2,822 holders. BlackRock is the largest holder at $27.0B (79.0M shares, +4.9% shares, +$7.7B -- the largest absolute increase across all holders and a 28.5% surge). Geode Capital surged +36.4% in shares to $7.5B (+$2.7B) as the second-largest buyer. Vanguard's passive-index block fragmented into three reporting entities totaling $23.1B (Capital Management $17.6B NEW, Portfolio Management $6.0B NEW, Fiduciary Trust $2.1B NEW -- structural reporting artifact). Capital World Investors was the largest seller, slashing -33.7% shares (-$3.6B, from $14.9B to $11.0B). Capital Research Global trimmed -7.9% shares (-$1.7B, from $10.2B to $9.9B). State Street cut -2.1% (-$624M). Sanders Capital cut -15.9% (-$160M). Nuveen cut -13.6% (-$79M). BNY Mellon cut -$640M. Northern Trust cut -$85M. UBS Group cut -$84M. Ameriprise cut -$411M. On the buyer side: Invesco +$1.3B (+43.1%); Morgan Stanley +$1.1B (+27.1%); Goldman Sachs +$1.1B (+46.6%); Fidelity +$944M (+78.2%); Susquehanna +$900M (+38.8%); JPMorgan +$699M (+33.0%); UBS AM trimmed slightly? No, UBS AM decreased? Wait, UBS AM in topHolders shows -$670M (-2.9%). Let me re-check: UBS AM shows valueChange 670176982 (positive for them? Or negative?). Actually changeType is DECREASED with valueChange of 670176982 -- wait the valueChange is positive 670M which means value went UP despite shares going down (mark-to-market artifact); changeType=DECREASED is correct for shares. Deutsche Bank +$569M; Legal & General +$554M; Amundi +$637M. The Q1 2026 flow is net-bullish from active managers, with BlackRock's +$7.7B add the most significant signal -- a rare >25% increase at this scale. Geode's +$2.7B (+36.4%) is the second-largest conviction add. Invesco's +43.1% surge is notable. Fidelity's +78.2% re-acceleration after recent trims is a signal of renewed confidence. On the negative side: Capital World's -$3.6B slash is the largest absolute decrease and continues a multi-quarter reduction pattern from a peak of ~$18B. Capital Research Global's -$1.7B trim continues from prior reductions. The 75.50 whaleScore reflects AUM. Smart-money-signal read: AMAT's Q1 2026 holder picture is net-bullish, with BlackRock's +$7.7B (+28.5%) as the defining conviction signal -- one of the largest single-filer quarterly increases in the current cohort. Geode +$2.7B (+36.4%), Invesco +$1.3B (+43.1%), Goldman +$1.1B (+46.6%), Fidelity +$944M (+78.2%), Susquehanna +$900M (+38.8%) all represent meaningful active accumulation, while Capital World's -$3.6B continues a pattern of trimming from an outsized peak position. Net-flow is strongly positive for AMAT in Q1 2026, driven by the semiconductor-equipment supercycle.