Crestwood Advisors Group LLC Has $42.90 Million Position in Qualcomm Incorporated $QCOM

Crestwood Advisors Group LLC increased its stake in Qualcomm Incorporated (QCOM) by 2.0% in the fourth quarter, now owning 250,791 shares valued at $42.90 million. This comes as Qualcomm recently reported beating EPS estimates, raised its quarterly dividend to $0.92, and authorized a $20 billion share buyback program, contributing to a rally fueled by AI and automotive sector growth. Institutional investors and hedge funds collectively hold 74.35% of the company’s stock.

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