MACOM Technology Solutions Holdings (MTSI) Sees Growth Momentum in Its Key End Markets
Osterweis Capital Management, an investment management firm, released its Q1 2026 investor update for its “Osterweis Opportunity Fund”. A copy of the letter can be downloaded here. The fund returned -3.78% in the quarter compared to -2.81% for the Russell 2000 Growth Index. The fund’s long-term returns stay positive, but recent geopolitical shocks and AI disruption concerns pressured quarterly results. Security selection boosted performance, whereas sector allocation was a significant drag. Although the firm’s investment approach remains consistent, it continues to seek innovative companies in growing markets. In addition, you can check the Fund’s top 5 holdings for its best picks for 2026.
In its first-quarter 2026 investor letter, Osterweis Opportunity Fund highlighted MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) as one of its leading contributors. MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) is a high-power analog semiconductor solutions provider serving applications across radio frequency (RF), microwave, millimeter wave, and lightwave spectrum. On June 18, 2026, MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) closed at $391.41 per share. One-month return of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) was 1.41%, and its shares gained 185.72% over the past 52 weeks. MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) has a market capitalization of $29.86 billion.
Osterweis Opportunity Fund stated the following regarding MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) in its Q1 2026 investor letter:
“Our biggest contributor in IT, also for the second quarter in a row, was MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI), which designs high performance analog and optical semiconductors and is experiencing growth across its three key end markets. First, in data centers, management projects 35–40% growth with the potential for additional upside. Second, in defense, MACOM is well positioned in electronic warfare due to its expertise in power and frequency, supporting applications such as missile warning and radar programs. Third, in communications, the company is seeing increased activity in low earth orbit (LEO) satellites, with customers such as SpaceX.”
MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 45 hedge fund portfolios held MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) at the end of the first quarter, up from 35 in the previous quarter. In the second quarter of fiscal 2026, MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) reported revenue of $289 million, up 6.4% sequentially and up over 22% year-on-year. While we acknowledge the potential of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
