Gf Fund Management 13F: Cuts Lumentum (LITE) Stake by $3.5M

Gf Fund Management trimmed its position in Lumentum Holdings Inc. (LITE) by 3,622 shares, bringing its total to 34,313 shares. This reduction was disclosed in a filing on October 26, 2026, and represents a decrease of about 9.5%. The value of this change amounts to approximately $33.3 million.

LITE Lumentum Holdings Inc.

$818.10 ▲ +111.88% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where Lumentum Fits in Gf Fund Management's Portfolio

Lumentum Holdings now represents 0.78% of Gf Fund Management's overall portfolio, which has a reported value of around $4.25 billion. The firm ranks 28th among its 616 reported positions, showing a notable adjustment in this specific stake.

Other Institutional Activity in Lumentum Holdings

Amanah Holdings Trust sold out of its stake in Lumentum, reducing its shares by 135,000. Meanwhile, Mutual of America Capital Management increased its position by 1,972 shares, bringing its total to 13,275 shares valued at about $12.9 million. Beese Fulmer Investment Management reduced its holdings by 1,468 shares, resulting in 2,724 shares worth around $2.6 million.

Lumentum Holdings Inc. Stock Up 8.2%

Lumentum shares are currently trading around $818.54, which is above the closing price of $756.17 on October 23, 2026. The stock is still below its 50-day moving average of $925.24 but above its 200-day moving average of $788.04, indicating mixed performance.

Recent Earnings

Lumentum reported trailing twelve-month revenue of approximately $3.01 billion, with a year-over-year revenue growth of 109.3%. The company is scheduled to release its next earnings report on November 5, 2026.

Insider Buying and Selling at Lumentum Holdings Inc.

Yuen Wupen, President of Global Business Units at Lumentum, sold a total of 2,807 shares across multiple transactions in September 2026, with prices ranging from $920 to $933.45. These transactions occurred under a planned schedule.

Analysts Set New Price Targets

On October 26, 2026, StoneX initiated coverage on Lumentum with a Buy rating and a price target of $1,200. Earlier, Bernstein also initiated coverage with an Outperform rating and a target of $1,220 on September 30, 2026.

About Lumentum Holdings

Lumentum Holdings Inc. manufactures optical and photonic products, serving markets across the globe. The company provides a range of components and systems for various applications, including telecommunications and industrial lasers. This recent trim by Gf Fund Management reflects ongoing adjustments in its investment strategy.

Bottom Line

Investors should keep an eye on Lumentum's upcoming earnings report on November 5, 2026. Gf Fund Management's recent filing shows a strategic reduction in its holdings, which may indicate a shift in market outlook.