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This Chip Stock Soared 325%. Why One Investor Still Sold $89 Million Worth
Key takeaways
- Pertento Partners LLP disclosed in a May 14, 2026, SEC filing that it reduced its position in Silicon Motion Technology by 738,875 shares during the first quarter.
- NYSE:USFD: $170.91 million (18.1% of AUM)
- NASDAQ:IESC: $110.18 million (11.7% of AUM)
SIMO USFD PSMT IESC CLBT Pertento Partners cut its stake in Silicon Motion Technology (NASDAQ:SIMO) in the first quarter, selling 738,875 shares in an estimated $89.68 million trade based on quarterly average pricing, according to a May 14, 2026, SEC filing.
Pertento Partners LLP disclosed in a May 14, 2026, SEC filing that it reduced its position in Silicon Motion Technology by 738,875 shares during the first quarter. The estimated value of shares sold was $89.68 million, calculated using the average closing price from January through March 2026. The fund’s quarter-end SIMO position was valued at $46.32 million, with total position value changing by $60.41 million over the period.
NYSE:USFD: $170.91 million (18.1% of AUM)
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