Rokos Capital Management 13F: Adds $79M to LRCX Stake

Rokos Capital Management Expands Stake in Lam Research Corporation

Rokos Capital Management filed a Form 13F with the SEC revealing a much larger investment in Lam Research Corporation LRCX, adding 181,440 shares during the period. That move brought the fund's total ownership to 259,921 shares.

Position Details and Growth

The fund grew its position by a 231.2% margin compared to the prior quarter, when it held 78,481 shares. Based on the filing details, the reported value of the stake reached about $113.2 million. Because 13F reports look backward at a prior point in time, this snapshot shows holdings as of May 15, 2026, and may not reflect current trades.

Lam Research Stock Performance

Shares changed hands around $435.57 on Saturday, placing the equity near its 52-week high of $438.50. The semiconductor equipment maker has seen strong upward momentum over recent months, trading well ahead of both its 50-day moving average of $309.94 and its 200-day moving average of $281.50.

Insider Buying and Selling at Lam Research Corporation

In recent insider activity, Eric Brandt disposed of 54,500 shares on June 12, 2026. The shares were sold at an average price of $367.18, totaling roughly $20.0 million. The sale took place under a pre-arranged Rule 10b5-1 trading plan.

Analysts Set New Price Targets

Wall Street firms continue to cover the chip equipment maker with mostly upbeat ratings. On October 5, 2026, Morgan Stanley kept an overweight rating while adjusting its target to $385.00. B. Riley Securities maintained a buy rating on October 1, 2026, lifting its target to $390.00 from $350.00. UBS kept a buy rating with a $425.00 target on September 1, 2026, and Mizuho maintained an outperform rating with a $365.00 target on August 25, 2026. Overall, the stock carries a strong buy recommendation based on 31 analyst opinions.

Inside the Business

Headquartered in Fremont, California, the company builds specialized processing systems used worldwide to fabricate integrated circuits. Its product lineup includes advanced deposition, etch, and cleaning tools that help chipmakers build nanoscale logic and memory devices.

What to Watch at Lam Research Corporation

Investors will look toward the company's next earnings release scheduled for October 21, 2026, to gauge how equipment demand is holding up. Further institutional filings will show whether other large investors followed Rokos in adjusting their stakes.