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What smart money is saying about Qualcomm IncorporatedUnited States flag

QCOM · Technology · Semiconductors · Market cap $180.45B

6 funds in our archive have pitched Qualcomm Incorporated, most recently Sound Shore Fund in June 2026.

Company profile

QUALCOMM Incorporated is a company dedicated to developing and bringing to market fundamental technologies crucial for the global wireless communication industry. Its operations are structured into three primary segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI). The QCT division specializes in creating and supplying integrated circuits and system software, leveraging 3G, 4G, 5G, and other advanced wireless technologies. These components are essential for a range of products, including those used for wireless voice and data communication, networking, application processing, multimedia, and global positioning. The QTL segment generates revenue by licensing its extensive intellectual property portfolio, which encompasses various patent rights vital for the manufacture and sale of wireless devices, particularly those adhering to standards like CDMA2000, WCDMA, LTE, and OFDMA-based 5G. Through its QSI segment, Qualcomm invests in early-stage companies across diverse sectors such as 5G, artificial intelligence, automotive, consumer electronics, enterprise solutions, cloud computing, and the Internet of Things, aiming to support the introduction of new products and services for both existing and emerging communication applications. Furthermore, the company provides development services and related products to United States government agencies and their contractors. Founded in 1985, QUALCOMM Incorporated maintains its headquarters in San Diego, California.

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Fund signal · last 12 months

19 letters

Funds are split between buying and selling

+2
Net flow
5 buys · 2 new positions · 63%3 sells

Moves described in fund letters in our archive. A sentence published word for word by several funds of one house in the same quarter counts once.

Position history

Between Q4 2024 and Q3 2026, 20 fund letters reported a position in Qualcomm Incorporated, with 6 buys (opened or added) and 3 sells (trimmed or exited).

Fund letters reporting a position in Qualcomm Incorporated, by quarter
QuarterLettersBoughtSoldTheses
Q3 20265200
Q2 202610023
Q1 20262110
Q4 20252201
Q2 20251100
Q1 20250001
Q4 20240001

Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.

Fund activity · 20 positions · 9 moves

Also mentioned · 6

These funds discuss Qualcomm Incorporated as a competitor, benchmark or comparable, without disclosing a position in it.

  • MentionedGuinness Asian Equity Income Fund
    August 2026
    “Laggards Qualcomm fell 20.1% in July, in part due to the broader unwind in semiconductor and AI-related valuations but also related to weak profit guidance during the company’s latest earnings call.”
    Read the letter
    Qualcomm Incorporated
  • MentionedHarding Loevner International Equity
    June 2026
    “Taiwan Semiconductor Manufacturing or TSMC, the most valuable company outside the US, possesses a widely admired business model. For decades it has gained share in logic chip manufacturing by continually investing to create economies of scale and scope, going farther down the manufacturing experience curve than peers, and developing proprietary manufacturing processes that deliver to customers the most advanced chips at costs competitors cannot match. Manufacturing logic chips for customers such as NVIDIA, Apple, and Qualcomm, TSMC has generally been able to grow its productive assets 10% to 20% annually over the last two decades, with returns on invested capital”
    Read the letter
    Qualcomm Incorporated
  • MentionedHarding Loevner International Developed Markets Equity
    June 2026
    “Manufacturing logic chips for customers such as NVIDIA, Apple, and Qualcomm, TSMC has generally been able to grow its productive assets 10% to 20% annually over the last two decades,”
    Read the letter
    Qualcomm Incorporated
  • MentionedHarding Loevner International Equity ADR
    June 2026
    “Taiwan Semiconductor Manufacturing or TSMC, the most valuable company outside the US, possesses a widely admired business model. For decades it has gained share in logic chip manufacturing by continually investing to create economies of scale and scope, going farther down the manufacturing experience curve than peers, and developing proprietary manufacturing processes that deliver to customers the most advanced chips at costs competitors cannot match. Manufacturing logic chips for customers such as NVIDIA, Apple, and Qualcomm, TSMC has generally been able to grow its productive assets 10% to 20% annually over the last two decades, with returns on invested capital consistently above its cost of capital.”
    Read the letter
    Qualcomm Incorporated
  • MentionedYackman AM AMG Yacktman Fund
    March 2026
    “Samsung has achieved prominent design wins in its foundry business as well—most notably with Tesla, Inc., Qualcomm, and Nvidia.”
    Read the letter
    Qualcomm Incorporated
  • MentionedSt James Investment
    March 2025
    “Qualcomm surged nearly 2,000% in 1999.”
    Read the letter
    Qualcomm Incorporated

Fund coverage · 6 theses

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