ASM

ASM

ASM

Letters With This Ticker

Quarter	Letter Date	Fund Name	QTD	YTD	Tickers	Keywords/Themes	Theme Commentary	Pitches	Letter
2024 Q2	Jul 18, 2024	Equity Management Associates	12.7%	29.1%	ASM	BRICS, commodities, Debt, gold, inflation, Mining, Monetary, Silver	BRICS countries are increasingly settling trade in gold as they move away from the US dollar. Central banks globally are buying gold aggressively. Gold demand is huge in Asia and the Middle East while Western allocations remain very low. Gold is undervalued relative to money supply at near 80-year lows.	ASM	View
2025 Q1	Apr 9, 2025	Mawer International Equity Fund	9.9%	9.9%	AAPL, AJG, ALA.TO, AON, ASM, BA.L, BN.TO, BNS.TO, DB1.DE, GIB.A.TO, HO.PA, ICE, IFC.TO, LDO.MI, MMC, NVDA, RHM.DE, RY.TO, TD.TO, TSLA, TSM, X.TO	AI, defense, Europe, Geopolitical, gold, tariffs, Trade Policy	Defense-related holdings delivered stellar returns with Rheinmetall more than doubling during the quarter, while Thales, BAE, and Leonardo also experienced strong performance. A rapidly evolving geopolitical landscape and rising defense spending in Europe have significantly increased demand expectations. All four companies benefit from the critical importance of their products and decades of consolidation and underinvestment in areas where they hold key competitive advantages.		View
2026 Q1	Apr 13, 2026	ClearBridge Investments International Growth ADR Strategy	-	-	4063.T, 4307.T, 5802.T, 6920.T, 7532.T, ASM, ASML, CHKP, EADSY, ENGI.PA, IX, MELI, REL.L, RIO, SAP, SHOP, SPOT, WDS.AX	AI, defense, energy, Geopolitical, growth, international, Japan, semiconductors			View
2024 Q3	Oct 8, 2024	Mawer International Equity Fund	6.9%	16.0%	3064.T, 6532.T, 9433.T, AON, ASM, ASML, BMW.DE, BNZL.L, CIGI.TO, CME, CPG.L, DG, EL, GRT.UN.TO, IAG.TO, ICE, MC.PA, NKE, NVO, ZZZ.TO	AI, China, consumer, international, Japan, rates, real estate	Central banks began cutting interest rates with the Fed making its first cut in September, joining the Bank of Canada and others. Interest rate sensitive sectors like real estate, utilities, and financials performed well as rates declined. The easing cycle provided relief for households and businesses struggling with higher rates.		View
2025 Q3	Oct 16, 2025	Polen Capital – International Growth	-4.5%	2.1%	0700.HK, 6146.T, ASM, ASML, DSY.PA, ICLR, MNDY, SAGE.L, SAP, SHOP	growth, healthcare, international, Quality, semiconductors, software, technology	AI is driving demand for advanced semiconductors and equipment. ASML benefits from AI-driven semiconductor advances requiring their equipment for advanced logic and memory chips. ASM International's ALD technology is increasingly needed for building logic gates on leading edge chips as AI fuels ongoing advances in semiconductors.	ASM NA 6902 JP SAP GR MNDY US SAGE LN ICON IE ASML NA SHOP CN	View
2024 Q2	Jul 31, 2024	The Mercator International Opportunity Fund	-3.0%	-3.9%	ASM, BC.MI, BESI, FUTR.L, MELI	Bottom-up, contrarian, Developed Markets, EAFE, international			View
2023 Q2	Jul 19, 2023	Polen Capital – International Growth	3.3%	3.9%	0700.HK, 6146.T, ASM, ASML, DSY.PA, ICLR, MNDY, SAGE.L, SAP, SHOP	AI, growth, healthcare, international, Quality, semiconductors, software, technology	AI is driving advances in semiconductors and benefiting companies like ASML whose equipment is essential for printing advanced logic and memory chips. AI should benefit Tencent's various business units including public cloud, large language model, gaming, and business productivity software.	000700.HK ASM 6146.T AIR FP\|ICLR\|LIN\|MRVL\|NOW\|TSM ASML SHOP.TO	View
2024 Q2	Jun 30, 2024	BlackRock Innovation And Growth Term Trust	0.0%	0.0%	ASM, AXON, CSGP, ENTG, LBRDK, MPWR, PINS, SAIA, TW, VRT	AI, growth, innovation, private equity, semiconductors, SMID Cap, technology	A swell in datacenter capital expenditures is one of the important points we think about in our research pipeline. Continued excitement around artificial intelligence fueled strong returns for semiconductor holdings including Monolithic Power Systems and ASM International.		View
2023 Q1	Apr 19, 2023	Polen Capital – International Growth	3.3%	3.9%	0700.HK, 6146.T, ASM, ASML, DSY.PA, ICLR, MNDY, SAGE.L, SAP, SHOP	AI, China, growth, healthcare, international, semiconductors, software, technology	AI is driving advances in semiconductors and benefiting companies like ASML whose equipment is essential for printing advanced logic and memory chips. AI should benefit Tencent's various business units including public cloud, large language models, gaming, and productivity software.	000700.HK ASM 6146.T SAP MNDY SGE.L AIR FP\|ICLR\|LIN\|MRVL\|NOW\|TSM ASML SHOP.TO	View

Pitches With This Ticker

Date	Pitch Type	Author	Company	Industry	Sub Industry	Bull / Bear	Stock Exchange	Keywords	Action
Apr 28, 2026	Fund Letters	Polen Capital - International Growth	ASM International N.V.	Information Technology	Semiconductor Equipment	Bull	Euronext Amsterdam	AI, Atomic Layer Deposition, Fab Equipment, Front-end Manufacturing, Leading Edge, Logic Gates, Netherlands, semiconductors	View Pitch
Apr 27, 2026	Fund Letters	Polen Capital - International Growth	ASM International N.V.	Information Technology	Semiconductor Equipment	Bull	NASDAQ	AI, Atomic Layer Deposition, Front-end Manufacturing, Leading-Edge Chips, Logic Gates, Memory Fabs, semiconductor equipment	View Pitch
Apr 13, 2026	Fund Letters	Equity Management Associates	Avino Silver and Gold	Materials	Precious Metals & Minerals	Bull	NYSE	cash flow, commodity, expansion, Mexico, Mining, Precious Metals, production growth, Silver, undervalued, Value	View Pitch
Jan 13, 2026	Seeking Alpha	Seeking Alpha	Avino Silver & Gold Mines Ltd.	Materials	Precious Metals & Minerals	Neutral	New York Stock Exchange	Avino Silver & Gold Mines Ltd., Exploration, investment risks, La Preciosa project, mining industry, organic growth strategy, Precious Metals, profitability, Q3 results, valuation	View Pitch

BSD Shareholders of ASM

This report provides a detailed summary of investor holdings for a specified stock ticker, highlighting key metrics such as fund name, total assets under management (AUM), invested value, portfolio weight, and shares owned. It also tracks changes in share ownership during the last quarter, including the percentage of shares bought or sold and the percentage of outstanding shares owned. The data is generated using an API that processes investor holdings and calculates these values for each fund. This report helps investors and analysts monitor the stock positions of major funds, identify investment trends, and assess the influence of large investors on individual stocks.

Filing Date: September 30, 2025

Manager Name	Fund Name	Fund AUM	Invested Value	Portfolio Weight	Shares Owned	Shares Bought / Sold During Quarter	% Bought / Sold During Quarter	% of Shares Outstanding Owned
No investor data available.

Join for free and get access to the buyside

Get insights from the world's most influential hedge fund investors direct to your inbox

Follow Us On: