Assetmark 13F: New $62M Stake in SK hynix (SKHY)
Key Points
- Assetmark opened a brand-new stake in SK hynix Inc. buying 337,212 shares valued at approximately $62.1 million.
- The chipmaker posted trailing twelve-month revenue of $189.17 trillion alongside earnings of $15.68 per share ahead of its October 27, 2026 earnings report.
- Wall Street maintains a consensus strong buy rating and a mean price target of $247.00 for the semiconductor firm.
Since the filing, $SKHY is down 3.8% to date (from the $143.25 close on Oct 21, 2026).
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Assetmark disclosed a new position in SK hynix Inc. (SKHY) in a Form 13F filing with the Securities and Exchange Commission on October 21, 2026. The firm acquired 337,212 shares, ending the quarter with a holding valued at about $62.1 million.
SKHY
SK hynix Inc.
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What Changed in Assetmark's SK hynix Position
Assetmark initiated a brand-new stake in the semiconductor manufacturer during the period. The investment firm picked up 337,212 shares. Based on the event-day closing price, the new allocation came out to roughly $62.1 million.
Other Institutional Activity in SK hynix Inc.
Other institutional investors also adjusted their positions in the company recently. Formuepleje A/S bought 227,330 shares, ending with a holding of 227,330 shares worth about $41.9 million. Covea Finance added 156,670 shares, closing the period with 156,670 shares valued at about $28.9 million. Montrusco Bolton Investments picked up 54,917 shares, resulting in a position of 54,917 shares worth about $10.1 million. Atria Investments acquired 32,758 shares, holding 32,758 shares valued at about $6.0 million. Finally, Ninety One UK grew its holdings by 299,059 shares, finishing with 299,059 shares worth about $55.1 million.
SK hynix Inc. Stock Down 2.6%
SK hynix shares closed at $143.25 on October 21, 2026. The stock recently traded around $139.14 as of October 22, 2026, down about 2.9% since the filing. The company carries a market capitalization just above $1.01 trillion.
Recent Earnings
SK hynix posted trailing twelve-month revenue of $189.17 trillion and trailing earnings of $15.68 per share. The company reported a net profit margin of 85.6% and a return on equity of 92.7%. Its next earnings release is scheduled for October 27, 2026.
Dividend
SK hynix pays an annual dividend rate of $0.11 per share with a dividend yield of 0.08%. The company maintains a dividend payout ratio of 0.0%.
Analysts Set New Price Targets
Wall Street firms have kept a close eye on the stock ahead of upcoming results. On August 4, 2026, Wolfe Research initiated an outperform rating with a $200.00 target. RBC Capital also initiated an outperform rating with a $200.00 target on August 4, 2026. Cantor Fitzgerald initiated an overweight rating with a $300.00 target on August 4, 2026. Needham maintained a buy rating and raised its target from $200.00 to $220.00 on August 24, 2026. Later, on September 10, 2026, JP Morgan initiated an overweight rating with a $245.00 target. Overall, the stock carries a consensus strong buy recommendation and a mean price target of $247.00 across 14 analyst opinions.
About SK hynix Inc.
SK hynix Inc. is a South Korea-based technology company that researches, develops, and manufactures memory and semiconductor devices. It produces dynamic random-access memory, flash memory, and solid-state drives, alongside non-memory chips through its foundry operations. Institutional interest highlights the company's central role in the global hardware supply chain.
Bottom Line
Investors will look toward the company's upcoming earnings release on October 27, 2026, for fresh details on operational performance. Future regulatory filings will show whether institutional managers continue to build out positions in the semiconductor manufacturer.
Related Filing Alerts
Source: Assetmark's 13F filing on $SKHY (Oct 21, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts