AMF Tjanstepension 13F: New $123M Stake in Lumentum (LITE)

AMF Tjanstepension opened a new position in Lumentum Holdings Inc. LITE by acquiring 126,905 shares. The stake was disclosed in a Form 13F filing with the Securities and Exchange Commission on October 22, 2026, with a reported value of $123,257,750.00.

LITE Lumentum Holdings Inc.

$850.70 ▲ +120.33% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in AMF Tjanstepension's Lumentum Holdings Position

Prior to this filing, AMF Tjanstepension held no shares in the communication equipment maker. By purchasing 126,905 shares, the fund established a notable position in the company during the quarter.

Other Institutional Activity in Lumentum Holdings

Other institutional investors also adjusted their holdings in Lumentum. SBI Securities grew its holdings by 8,746 shares, ending with 15,500 shares worth about $15,054,530.00 in a filing on October 22, 2026. E. Ohman J:or Asset Management increased its holdings by 11,302 shares, resulting in a total of 36,363 shares valued at roughly $35,317,927.00. Jupiter Topco LLC added 944,804 shares to hold 1,889,608 shares worth about $1,422,005,562.00. Arrowstreet Capital, Limited Partnership grew its stake by 965,700 shares to reach 1,370,571 shares valued at roughly $1,031,409,470.00.

Lumentum Holdings Inc. Stock Down 2.3%

Lumentum shares recently traded around $804.00 as of October 22, 2026. That puts the stock below its 50-day moving average of $931.32 and above its 200-day moving average of $784.45. The company carries a market capitalization of $77.06 billion, a forward P/E ratio of 23.68, and a beta of 1.54.

Recent Earnings

Lumentum reported trailing twelve month revenue of $3.01 billion with year over year revenue growth of 109.3%. The firm posted a trailing twelve month net loss with an earnings per share of negative $92.96, a net margin of negative 230.1% and a return on equity of negative 240.0%. The company is scheduled to release its next financial results on November 5, 2026.

Insider Buying and Selling at Lumentum Holdings Inc.

Insider activity at the firm included four separate sales by officer Yuen Wupen. On September 10, 2026, Yuen sold 1,500 shares valued at $1,410,335.00. Another 1,500 shares were sold on September 15, 2026, for $1,324,030.00. On September 23, 2026, Yuen sold 1,500 shares worth $1,420,690.00, followed by a sale of 807 shares on September 29, 2026, valued at $764,365.00.

Analysts Set New Price Targets

Wall street firms updated their views on the stock ahead of the filing. On September 28, 2026, Citigroup maintained a buy rating while raising its price target to $1,400.00 from $1,200.00. Bernstein initiated coverage with an outperform rating and a $1,220.00 price target on September 30, 2026. Rosenblatt maintained a buy rating with a $1,300.00 target on October 5, 2026. Stifel maintained a buy rating on October 5, 2026, lifting its target to $1,232.00 from $1,100.00. Jefferies maintained a buy rating on October 21, 2026, raising its target to $1,250.00 from $1,200.00. Consensus analyst opinion stands at a strong buy from 27 analysts with a mean price target of $1,165.03.

About Lumentum Holdings

Lumentum Holdings Inc. manufactures optical and photonic products for telecommunications and industrial applications. The company builds semiconductor laser chips, optical modules, and industrial lasers used in data transmission and manufacturing worldwide.

Bottom Line

Investors will look toward the upcoming earnings report on November 5, 2026, for further insight into the company's financial performance. Institutional filings offer a window into portfolio shifts by major asset managers during the past quarter.