In a quarterly disclosure filed with the SEC, value investor Robert Olstein's firm, Olstein Capital Management, reported the complete liquidation of its stake in semiconductor equipment manufacturer Kulicke & Soffa Industries Inc. (KLIC). The position, which consisted of 61,000 shares, was exited during the second quarter of 2026, which ended June 30. It's important to note that these 13F filings are released with a delay, so this trade occurred sometime between April and June.
This portfolio adjustment comes as Olstein Capital Management's mutual fund business was acquired by Easterly Asset Management, a transaction that was finalized in late June 2026. During the period of the sale, Kulicke & Soffa reported strong financial results and has been the subject of positive analyst commentary, citing growth in demand for advanced packaging in the semiconductor industry.