Published on Mar. 3, 2026
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Rafferty Asset Management LLC grew its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 2.6% in the 3rd quarter, according to the company’s latest 13F filing with the Securities and Exchange Commission (SEC). The fund now owns 1,601,137 shares of the network equipment provider’s stock, valued at $109,550,000.
Why it matters
Cisco Systems is a major player in the networking hardware and software market, and changes in institutional ownership of its stock can provide insights into investor sentiment and market trends around the company.
The details
Rafferty Asset Management increased its Cisco Systems holdings by purchasing an additional 40,364 shares during the third quarter. This brings the firm’s total stake in Cisco to over 1.6 million shares. The move comes as Cisco has seen its stock price rise steadily over the past year, driven by growth in its software and services businesses.
Rafferty Asset Management increased its Cisco Systems holdings in the 3rd quarter of 2026.
The players
Rafferty Asset Management LLC
An investment management firm that oversees over $100 billion in assets.
Cisco Systems, Inc.
A global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment.
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The takeaway
Rafferty Asset Management’s increased stake in Cisco Systems reflects ongoing investor confidence in the networking giant’s ability to adapt to industry shifts and capitalize on growth opportunities in areas like cloud infrastructure and cybersecurity.