What smart money is saying about Veeco Instruments Inc.
1 fund in our archive has pitched Veeco Instruments Inc., most recently Riverwater Partners Sustainable Value Strategy in September 2026.
Veeco Instruments Inc., operating globally with its subsidiaries, specializes in the engineering, production, sale, and support of advanced semiconductor and thin film process equipment used primarily in the manufacture of electronic devices. Their comprehensive product portfolio features systems such as laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition (MOCVD), single wafer wet processing and surface preparation, molecular beam epitaxy (MBE), and atomic layer deposition (ALD), alongside other deposition solutions and packaging lithography tools. These advanced processing platforms are essential for manufacturing diverse microelectronic components, including logic chips, dynamic random-access memory (DRAM), photonics devices, power electronics, radio frequency (RF) filters and amplifiers, magnetic heads for hard disk drives, and various other semiconductor applications. The company's clientele encompasses integrated device manufacturers (IDMs), foundries, outsourced semiconductor assembly and test (OSAT) providers, hard disk drive and photonics producers, as well as educational institutions and research facilities. Established in 1945, Veeco Instruments Inc. is headquartered in Plainview, New York.
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Fund signal · last 12 months
5 lettersToo few moves on Veeco Instruments Inc. yet for a clear signal
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 Q2 2026 and Q3 2026, 5 fund letters reported a position in Veeco Instruments Inc., with 3 sells (trimmed or exited).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 2 | 0 | 1 | 1 |
| Q2 2026 | 3 | 0 | 2 | 0 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 5 positions · 3 moves
- September 2026
“Veeco Instruments Inc. Special Situation 3.0%”
Veeco Instruments Inc. - September 2026
“Top Detractors Veeco was our largest detractor. The stock fell alongside nearly everything leveraged to AI spending after its extraordinary first half. It remains up roughly 80% year-to-date.4 Veeco's equipment is central to adding semiconductor capacity, and we believe that opportunity has a long runway. We trimmed the position methodically throughout the year.”
Veeco Instruments Inc. - June 2026
“Veeco Instruments Inc. (Information Technology, Special Situation) Veeco contributed strongly as investors increasingly recognized the company's strategic position in the manufacture of advanced semiconductors and photonics components used in AI data-center infrastructure.”
Veeco Instruments Inc. - June 2026
“Reductions and Sales Several sales reflected valuation and sizing discipline in names that had performed well. We reduced Veeco in stages throughout the quarter, both to fund the PDFS addition and to systematically harvest gains into semiconductor strength; the pending Axcelis combination will also lift the combined company beyond our core market cap range.”
Veeco Instruments Inc. - June 2026
“Top Contributor Veeco Instruments (VECO) was our largest contributor for the quarter. As a supplier of laser annealing and ion beam deposition equipment, the company is integral to manufacturing advanced semiconductors, including the QUARTERLY COMMENTARY | June 30, 2026 SUSTAINABLE VALUE STRATEGY www.riverwaterpartners.com 2 high bandwidth memory essential for AI data centers. Orders and results came in well ahead of expectations as memory makers raced to add capacity, causing the stock to more than double in three months. Consistent with our discipline, we trimmed the position repeatedly throughout the quarter as the position size grew. Veeco remains a holding at an appropriate, defensible, weight.”
Veeco Instruments Inc.
Fund coverage · 1 thesis
- Riverwater Partners Sustainable Value StrategySeptember 2026
Veeco Instruments makes processing equipment central to adding semiconductor capacity, an opportunity the manager believes has a long runway despite sharp share-price volatility.
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