TEXAS INSTRS INC

TXN Q1 2026 institutional ownership is a $145.7B book across 2,370 holders. BlackRock is the largest holder at $15.8B (81.5M shares, +2.4%, +$2.1B) -- the largest buyer. Vanguard Capital Management is second at $11.5B (59.0M shares, NEW after three-way split). State Street is third at $8.4B (43.1M shares, -0.4%, slight trim). JPMorgan is fourth at $7.2B (38.4M shares, +45.3%, +$2.2B) -- the most aggressive active add. Charles Schwab is fifth at $5.0B (25.9M shares, +3.4%, +$819M). Geode Capital $4.6B (+2.7%, +$615M). Invesco $3.5B (+0.2%, +$381M). BNY Mellon $3.2B (+86.1%, +$1.1B). Wellington $2.6B (-15.2%, -$174M). Morgan Stanley $2.3B (value increase). Capital Research Global $1.7B (-13.1%, -$325M). Bank of America $2.3B (+2.8%, +$293M). UBS Group $2.0B (+54.9%, +$792M). Northern Trust $1.8B (slight trim). Goldman Sachs $1.9B (+38.3%, +$713M). FIL Ltd $1.9B (+17.1%, +$462M). Primecap $1.9B (-8.5%, -$125M). UBS AM $1.8B (+45.2%, +$498M). Amundi $1.8B (+18.4%, +$318M). MassFinancial $1.0B (-14.5%). AllianceBernstein $1.3B (-5.5%). New: Vanguard three-way. Sellers: Franklin -$526M; Wellington -$174M; Capital Research -$325M; Primecap -$125M; MassFinancial -$60M; AllianceBernstein -$42M. The 75.50 whaleScore reflects AUM. Smart-money read: net-bullish. JPMorgan's +45.3% and BlackRock's +$2.1B are the defining conviction signals. BNY Mellon +$1.1B, UBS Group +$792M, Goldman +$713M, UBS AM +$498M, FIL +$462M all represent aggressive adds. The seller cohort is smaller in aggregate. Cautiously bullish on TXN as analog/chip capex cycle recovery.