INTEL CORP

Intel Corp. (INTC, CUSIP 458140100) entered Q1 2026 carrying $147.8B of institutional 13F value across 2,485 holders — making it not only the single largest institutional-value name in this batch but the focus of what may be the most consequential single-quarter manager rotation of the current cycle: BlackRock added $3.81B in one quarter, Capital Research Global Investors built an additional $2.43B position, FMR contributed $1.53B, and State Street added $1.76B, with all three Vanguard entities (Capital Management, Portfolio Management, Fiduciary Trust) appearing simultaneously as NEW holders for the first time. On the other side, Capital World Investors reduced $315M, Primecap reduced $534M, Jane Street reduced $361M, and Morgan Stanley trimmed $25M — a rotation consistent with fundamental-value semiconductor managers and quantitative factor players either unable to sustain prior Intel allocations or choosing not to participate in the recovery trade. For smart-money trackers, INTC's Q1 filing is the defining institutional-positioning event of the cycle so far: the convergence of multi-billion-dollar adds from every major active manager category alongside passive-index threshold breaches by all three Vanguard vehicles signals a structural re-rating of Intel's manufacturing-turnaround and foundry-expansion narrative at the portfolio-allocation tier. The $147.8B holder base and 2,485-account breadth confirm this is a broad-market repositioning, not a niche rotation.