What Makes Micron Technology (MU) Ashva Capital Management’s Largest Holding?

2 days ago 4

Soumya Eswaran

Mon, February 2, 2026 astatine 7:45 AM CST 3 min read

Ashva Capital Management, an concern absorption company, released its Q4 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. The Fund’s concern strategy focuses connected acquiring interests successful high-quality U.S. companies that person beardown intrinsic value, adhere to valuation discipline, question to heighten returns, and perpetrate to semipermanent investments that let for compounding alternatively than pursuing fleeting trends. The missive quoted galore of Warren Buffett's words to reenforce Ashva Capital Management’s concern philosophy. Ashva Capital returned 2.26% (net) successful 2025, with a gross instrumentality of 4.91%, lagging the wide marketplace indices, driven by the dominance of mega-cap stocks. In addition, you tin cheque the Fund's apical 5 holdings to spot its champion picks for 2025.

In the fourth-quarter 2025 capitalist letter, Ashva Capital Management highlighted Micron Technology, Inc. (NASDAQ:MU), its largest holding. Micron Technology, Inc. (NASDAQ:MU) is simply a starring shaper of representation and retention products. On January 30, 2026, Micron Technology, Inc. (NASDAQ:MU) banal closed astatine $414.88 per share. Micron Technology, Inc. (NASDAQ:MU) delivered a 32.91% instrumentality successful the past month, and its shares are up 361.39% implicit the past 12 months. Micron Technology, Inc. (NASDAQ:MU) has a marketplace capitalization of $466.951 billion.

Ashva Capital Management stated the pursuing regarding Micron Technology, Inc. (NASDAQ:MU) successful its 4th fourth 2025 capitalist letter:

"Micron Technology, Inc. (NASDAQ:MU) is our largest presumption due to the fact that it sits astatine the intersection of structural request maturation and improving manufacture discipline. Memory is nary longer a commodity concern driven solely by boom-bust PC cycles. It has go a strategical input for AI, unreality infrastructure, and data-intensive workloads, peculiarly done high-bandwidth memory. At the aforesaid time, the proviso broadside of the manufacture has consolidated meaningfully, with less rational players, higher superior intensity, and amended pricing subject than successful anterior cycles. Micron’s manufacturing scale, exertion leadership, and expanding vulnerability to AI-driven request presumption it to make materially higher through-cycle escaped currency travel than the marketplace has historically assumed."

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