Alpha Wealth Funds, LLC, an investment management company, released its Q1 2025 letter for the “Insiders Fund”. A copy of the letter can be downloaded here. The fund lost 7.14% in the quarter, tied to a 6.75% fall in March due to the War in Iran. This compares to the S&P 500’s -4.33% return for the same period. The losses are mainly unrealized, and the firm is evaluating its long-term thesis and risk-adjusted opportunities. The Fund considers the current situation as unfavorable. In addition, please check the fund’s top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Alpha Wealth Insiders Fund highlighted stocks like Applied Materials, Inc. (NASDAQ:AMAT). Applied Materials, Inc. (NASDAQ:AMAT) is a leading supplier of materials engineering solutions, equipment, services, and software to the semiconductor and related industries. On May 21, 2026, Applied Materials, Inc. (NASDAQ:AMAT) stock closed at $427.36 per share. One-month return of Applied Materials, Inc. (NASDAQ:AMAT) was 2.47%, and its shares gained 171.32% over the past 52 weeks. Applied Materials, Inc. (NASDAQ:AMAT) has a market capitalization of $339.16 billion.
Alpha Wealth Insiders Fund stated the following regarding Applied Materials, Inc. (NASDAQ:AMAT) in its Q1 2026 investor letter:
“Business: Applied Materials, Inc. (NASDAQ:AMAT) is a cornerstone of the global semiconductor industry, providing the equipment, services, and software used to manufacture nearly every new chip and advanced display in the world.
Insider Buying/Selling: No insider buying. Insider Selling seems restrained considering the remarkable price increase
Recent News: Applied Materials (AMAT) is currently riding an “AI Giga-Cycle,” hitting record highs in April 2026. The stock surged following the launch of new atomic-scale manufacturing tools engineered specifically for 2nm and “Angstrom-era” chips, solving critical energy-efficiency bottlenecks in Gate-All-Around (GAA) transistors. Revenue Beat: Reported $7.01 billion in Q1, driven by unprecedented demand for High-Bandwidth Memory (HBM). Shareholder Value: Increased dividends by 15% ($0.53/share) and continued aggressive buybacks. Industry Leadership: Partnerships with Samsung at the new Silicon Valley EPIC Center have solidified AMAT’s role in the global transition to $1 trillion in semiconductor revenue.…” (Click here to read the full text)
Applied Materials, Inc. (NASDAQ:AMAT) ranks 39 on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 111 hedge fund portfolios held Applied Materials, Inc. (NASDAQ:AMAT) at the end of the fourth quarter, up from 89 in the previous quarter. In the second quarter of fiscal 2026, Applied Materials, Inc. (NASDAQ:AMAT) reported record revenue of $7.91 billion, up 13% sequentially and 11% year-over-year. While we acknowledge the risk and potential of Applied Materials, Inc. (NASDAQ:AMAT) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Applied Materials, Inc. (NASDAQ:AMAT) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered Applied Materials, Inc. (NASDAQ:AMAT) and shared the list of unstoppable AI stocks to buy. In addition, please check out our hedge fund investor letters Q1 2026 page for more investor letters from hedge funds and other leading investors.
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Disclosure: None. This article is originally published at Insider Monkey.
