Wellington Management Group LLP Has $2.07 Billion Position in Qualcomm Incorporated $QCOM

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Wellington Management Group LLP significantly increased its holdings in Qualcomm Incorporated (NASDAQ:QCOM) by 141.8% during the third quarter, bringing its total position to $2.07 billion. Other institutional investors have also adjusted their stakes in Qualcomm, and company insiders have sold shares totaling over $7.7 million in recent months. Analysts currently have a “Hold” rating on Qualcomm with a consensus price target of $168.00.

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