Root Financial Partners 13F: Adds $1.4M to AMD Stake
Key Points
- Root Financial Partners increased its holdings in Advanced Micro Devices, Inc. by 33.5% during the quarter, bringing its total stake to 8,805 shares valued at $5,386,547.
- Advanced Micro Devices, Inc. recently traded around $529.31, sitting 19.6% below its 52-week high of $658.52 while reporting $41.3 billion in trailing twelve month revenue.
- Wall Street maintains a strong buy consensus on the semiconductor maker, backed by 50 analyst opinions and a mean price target of $637.61.
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Root Financial Partners grew its position in Advanced Micro Devices, Inc. ticker AMD by 33.5% during the quarter, according to a Form 13F filing with the Securities and Exchange Commission on October 21, 2026. The fund purchased an additional 2,210 shares, lifting its total holding to 8,805 shares. The reported value of the stake reached $5,386,547 at the time of the filing, up from its previous count of 6,595 shares. Advanced Micro Devices closed at $552.72 on the day of the filing.
AMD
Advanced Micro Devices, Inc.
What Changed in Root Financial Partners's Advanced Micro Devices, Inc. Position
The firm expanded its portfolio footprint in the semiconductor developer by adding 2,210 shares. This increase brought Root Financial Partners's investment in Advanced Micro Devices up from 6,595 shares to 8,805 shares. The overall value of the position stood at $5,386,547.
Other Institutional Activity in Advanced Micro Devices, Inc.
Other institutional investors also adjusted their positions in Advanced Micro Devices during the period. Sumitomo Mitsui DS Asset Management Company grew its holdings by 6,793 shares, ending with 272,294 shares worth about $166,578,577. Accurate Wealth Management grew its holdings by 2,454 shares, ending with 16,040 shares worth about $9,696,173. Charles Schwab Trust grew its holdings by 600 shares, ending with 600 shares worth about $367,056. Financial Synergies Wealth Advisors grew its holdings by 340 shares, ending with 340 shares worth about $207,999. First Citizens Bank & Trust grew its holdings by 45,375 shares, ending with 67,245 shares worth about $41,137,800.
Advanced Micro Devices, Inc. Stock Down 1.0%
Advanced Micro Devices recently traded around $529.31, which is down 4.2% since the filing date close of $552.72. The stock trades below its 50-day moving average and about 32.6% above its 200-day moving average.
Recent Earnings
Advanced Micro Devices reported $41.3 billion in revenue and trailing twelve month earnings of $3.92 per share, with the next earnings report scheduled for November 3, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
21 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 4.8%. Revenue beat estimates by 2.6%.
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Profit surprise
EBITDA missed by 4 percent. Operating income missed by 32 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
3 upgrades, 2 downgrades, 21 target raises.
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Earnings quality
Gross margin up 2.6 points. Operating margin up 3.6 points. Positive free cash flow.
Earnings Call Summary
AMD reported outstanding first quarter results with $10.3 billion in revenue, up 38 percent year over year. Data center revenue surged 57 percent driven by strong demand for EPYC server CPUs and Instinct GPUs. Management emphasized that Agentic AI and inference workloads are driving substantially higher CPU demand than expected, requiring more compute than prior models. Free cash flow nearly tripled to $2.6 billion, and operating margin expanded to 25 percent, showing strong operational leverage as the business scales into AI infrastructure.
Guidance AMD guided next quarter revenue to about $11.2 billion, up 46 percent year over year. Management raised full year data center CPU growth forecast to over 70 percent, driven by strong Agentic AI demand. They also raised the long-term server CPU market size forecast to over $120 billion by 2030, from $60 billion announced in November.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Insider Buying and Selling at Advanced Micro Devices, Inc.
Insiders executed multiple transactions prior to the filing, including sales by Chief Financial Officer Jean X Hu, Chief Executive Officer Lisa T Su, and other executives.
Analysts Set New Price Targets
Analyst firms updated their views on Advanced Micro Devices prior to the filing, featuring a mix of buy and outperform ratings from Stifel, Citigroup, Mizuho, Wedbush, and Susquehanna, alongside a consensus strong buy rating.
About Advanced Micro Devices, Inc.
Advanced Micro Devices, Inc. designs high-performance processors, graphics chips, and adaptive computing technologies for data centers, personal computers, and gaming systems. Headquartered in Santa Clara, California, the company competes across the global semiconductor industry to power modern cloud infrastructure and computing hardware.
Bottom Line
Institutional investors continue to manage large positions in Advanced Micro Devices ahead of the upcoming November 3 earnings report. Market watchers will monitor upcoming SEC filings and corporate updates to track how institutional sentiment evolves.
Related Filing Alerts
Source: Root Financial Partners's 13F filing on $AMD (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