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ADI

ANALOG DEVICES INC

4 managers · $515M total
Data: SEC EDGAR 13F · 2026Q1
Manager holders · last 4 qtrs
4
2025Q2 – 2026Q1 · flat QoQ
Total position
$515M
Combined value across tracked managers
Net move this quarter
↓ Trimming
Weighted by holders' share change
HolderQ actionValue% of port.Style
MarkelHold$326M2.73%Insurance float / Long-term value
Baillie GiffordTrim-25.3%$135M0.14%Long-term growth / Global allocation
GivernyTrim-3.22%$54M1.99%Long-term growth-value
AKOTrim-17.51%$0M6.41%Quality growth / Concentrated long-term
Earnings Calls
Q2 2026May 20, 2026
Summary Conclusion: Results exceeded expectations, primarily driven by strong growth in the industrial and data center segments as well as capacity expansion.
Key Metrics: Revenue $3.62B (+37% YoY) , EPS $3.09 (+67% YoY) , Gross margin 73% (+360bps YoY) .
Business Progress: Data center revenue grew over 90% YoY; industrial segment accounting for 50% grew 56%; BMS business resumed growth for the first time in two years. Acquired Empower Semiconductor to enhance vertical power delivery capabilities in the AI accelerator space.
Guidance & Outlook: Q3 revenue expected at $3.09B , EPS $3.03 ; Industrial, automotive, and communications segments expected to post sequential growth, while consumer segment is expected to decline sequentially.
Risks/Highlights: CEO warned that surging demand could lead to supply chain pressure in 2027; consumer market Q3 guidance is bearish.
Q1 2026February 18, 2026
FinancialsFY2025 · Source: SEC EDGAR 10-K

5y revenue CAGR 11% · latest net margin 20.6% · FCF consistently positive

Revenue$11.0B
Rev. YoY+16.9%
Gross margin61.5%
Net margin20.6%
Net income$2.27B
Free cash flow$4.28B
Operating cash flow$4.81B
ROE6.7%

Source: SEC EDGAR company filings (10-K). Foreign issuers (20-F/IFRS) not yet covered.