What smart money is saying about Seagate Technology
2 funds in our archive have pitched Seagate Technology — most recently ClearBridge Investments International Growth EAFE Strategy in June 2026.
Seagate Technology Holdings plc, headquartered in Dublin, Ireland, is a global provider of advanced data storage technology and solutions, with operations spanning Singapore, the United States, the Netherlands, and other international regions. The company's extensive product portfolio encompasses a wide array of mass capacity storage offerings. These include enterprise-grade nearline hard disk drives (HDDs), solid-state drives (SSDs), and complete enterprise nearline systems, alongside specialized HDDs for video and imaging, and network-attached storage (NAS) drives. Beyond these, Seagate also supports legacy systems with Mission Critical HDDs and SSDs. Its consumer-focused segment features external storage devices sold under popular lines such as Seagate Ultra Touch, One Touch, and Expansion, as well as the premium LaCie brand. The company's product range further extends to internal desktop and notebook drives, HDDs for digital video recorders (DVRs), and high-performance gaming SSDs. Moreover, Seagate delivers the Lyve edge-to-cloud platform, an innovative solution designed for managing and transferring vast amounts of data. Its clientele primarily consists of original equipment manufacturers (OEMs), distributors, and retailers. Established in 1978, Seagate Technology Holdings plc continues to be a leader in the data storage industry.
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Position history
Between Q1 2025 and Q3 2026, 15 fund letters reported a position in Seagate Technology — 2 opened or added to the position, 1 trimmed or exited.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 3 | 1 | 0 | 0 |
| Q2 2026 | 9 | 0 | 1 | 1 |
| Q1 2026 | 1 | 0 | 0 | 0 |
| Q3 2025 | 2 | 1 | 0 | 0 |
| Q1 2025 | 0 | 0 | 0 | 1 |
Fund activity · 15 positions · 3 moves
- September 2026
“We also added Ciena and Lumentum, reflecting rising optical connectivity requirements in AI data centers, and Seagate and Vertiv, which stand to benefit from demand for high-capacity storage and increasingly power- and cooling-intensive data center architectures.”
Seagate Technology - July 2026
“the portfolio maintained an overweight 3 position.”
Seagate Technology - July 2026
“Portfolio review The Fund underperformed the index in July as market rotations favoured value, which was a headwind for our growth-biased portfolios. This was exacerbated by sharp profit-taking in the best performing core AI infrastructure winners such as SK Hynix, Infineon, STM, Seagate and Micron where the portfolio maintained an overweight position.”
Seagate Technology - June 2026
“While technology remained an important contributor, returns were generated across multiple sectors and investment themes. Taiwan Semiconductor, Applied Materials, Analog Devices, NVIDIA, Astera Labs and Seagate contributed meaningfully as part of our Compute Infrastructure theme.”
Seagate Technology - TrimmedHosking PartnersJune 2026
Listed in Hosking Partners’s reported holdings.
Seagate Technology “This is benefiting Ibiden, a French manufacturer of advanced packaging equipment for semiconductors and related materials for industrial applications as well as Ireland-based data storage provider Seagate Technology, a key supplier of the hard drives supporting AI data infrastructure, where demand for low-cost, high-capacity storage is structurally rising.”
Seagate Technology- June 2026
“Portfolio performance was also notably broad-based. While technology remained an important contributor, returns were generated across multiple sectors and investment themes. Taiwan Semiconductor, Applied Materials, Analog Devices, NVIDIA, Astera Labs and Seagate contributed meaningfully as part of our Compute Infrastructure theme.”
Seagate Technology - June 2026
“NVIDIA, Micron, Broadcom, AMD, Applied Materials, Seagate, Western Digital, Corning, SiTime, TSMC, ASML, and Sandisk were among the positions that contributed to the quarter’s technology-led gains.”
Seagate Technology - June 2026
Listed in Hosking Partners Strategy’s reported holdings.
Seagate Technology - June 2026
“Memory remains a key bottleneck in the AI infrastructure supply chain and Micron, Seagate are ongoing beneficiaries of the unprecedented AI capex by hyperscalers, reporting strong multi-year order books at historically high prices.”
Seagate Technology - June 2026
“Portfolio review The Fund's semiconductor and AI-related memory holdings performed well, as technology sector exposure drove gains due to ongoing investor enthusiasm around AI infrastructure spending and improving fundamentals of the broader memory market. Memory remains a key bottleneck in the AI infrastructure supply chain and both Micron and SK Hynix are ongoing beneficiaries of the unprecedented AI capex by hyperscalers, reporting strong multi-year order books at historically high prices. Seagate and SK Hynix benefitted from the market re-rating of storage hardware on expectations of stronger hyperscaler/data-centre demand.”
Seagate Technology - June 2026
“The Fund's semiconductor and AI-related memory holdings performed well, as technology sector exposure drove gains due to ongoing investor enthusiasm around AI infrastructure spending and improving fundamentals of the broader memory market.”
Seagate Technology - March 2026
“Seagate Technology, which supplies memory to data centres, performed well, driven by strong results and robust demand.”
Seagate Technology - September 2025
“Portfolio stock selection was a positive (+240 bps) in the quarter led by Intel, Seagate Technology, and Tapestry.”
Seagate Technology - September 2025
“The portfolio’s information technology stocks were the best relative performing group rising 38.3% versus the group gain of 17.8% led by Flex (FLEX; 2.93%**) and Seagate Technology (STX;1.75%**) with each company benefitting from strong AI demand from data centers buildouts and accelerating need for storage.”
Seagate Technology
Also mentioned · 1
These funds discuss Seagate Technology — as a competitor, benchmark or comparable — without disclosing a position in it.
- June 2026
“On the downside, part of the negative attribution over the quarter came from stocks that we do not own, especially those related to the AI-memory boom. The portfolio’s relative lack of exposure to Intel, Seagate Technology and Kioxia were among the most significant negative contributors, as they all benefited from the surge in AI memory-related stocks.”
Seagate Technology
Fund coverage · 2 theses
Seagate Technology is a storage provider benefiting from structurally rising demand for low-cost, high-capacity AI infrastructure storage.
Read the full thesis- Kerrisdale CapitalMarch 2025
Seagate Technology is poised for significant growth due to its leadership in hard disk drives, benefiting from surging data demand, technological advancements with heat-assisted magnetic recording, and strong profitability prospects against a backdrop of limited competition.
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