Gabelli Global Growth Fund Adds Micron Technology to Portfolio
The Gabelli Global Growth Fund added a position in Micron Technology (NASDAQ:MU) during the second quarter of 2026, allocating it as 0.9% of its net assets. The fund returned 12.84% for Q2 compared with broader market indices like the S&P 500 and MSCI All Country World Index. Micron Technology is a semiconductor company specializing in memory products such as DRAM and NAND, used across computing, data centers, automotive, and consumer applications. The fund's portfolio remains concentrated among 45 companies at quarter-end, with its top five holdings representing 25% of assets. Gabelli continues to focus on long-term growth themes like AI, automation, industrial tech, and defense while accepting short-term volatility for potential value creation. Micron’s stock closed at $1,043.96 per share in early September 2026 with a market cap of approximately $1.215 trillion.
Tickers: $MU
Topics: Gabelli Global Growth Fund Micron Technology (MU) portfolio update