Loading companies…

Weebit Nano Ltd ASX:WBT

0 opened or increased2 held0 reduced or exitedlatest position by manager, past 12 months90 days: 0 increased, 0 reduced. 2 managers in total.

Position history by manager 2 managersSelect a point to see the comment

Opened or increasedHeldReduced or exited Start or end of the position not reported

19 Apr 2026 to today

Commentary 2 comments

DateManagerActionSummary

31 Jul 2026Pendal GroupHeldPendal Group held an underweight position in Weebit Nano, which fell 48.4% in July as part of a broader global rotation away from semiconductor and AI-capex-related names, despite the company upgrading its FY26 revenue guidance during the month. The manager notes Weebit Nano designs memory chips positioned as a next-generation successor to traditional Flash memory, offering faster performance, lower power consumption and greater endurance, with various AI applications that have made the stock highly sensitive to the thematic sell-off.

Monthly Report, price recorded $4.31

The source document link is a Pro feature

31 Jul 2026Lennox Capital PartnersHeldLennox Capital Partners does not hold Weebit Nano and continues to avoid the position as part of its discipline around speculative, AI-adjacent names. Lennox notes the stock fell around 48% during the month amid a global unwind in AI and momentum names, making it one of the largest decliners among speculative technology exposures. The manager highlights that avoiding Weebit Nano alongside DroneShield and Megaport added around 75 basis points of relative performance to the fund during the month, reflecting the benefit of steering clear of richly valued, narrative-driven names when sentiment toward speculative AI exposures reversed sharply across global markets.

Monthly Report, price recorded $4.31

The source document link is a Pro feature

First mention by manager

Price recorded at each manager's first comment

Price at first mentionThe share price recorded when each of 2 managers first commented on WBT.

View Pro

About Weebit Nano Ltd

Information Technology, Semiconductors and Semiconductor Equipment

Weebit Nano (ASX:WBT), a memory technology company, fell sharply in an AI-related sell-off. In July 2026, Lennox and Pendal reported Weebit Nano fell around 48% as speculative AI-adjacent and semiconductor names sold off globally, despite the company updating on commercial progress. Weebit Nano operates in the Information Technology sector within the Semiconductors and Semiconductor Equipment industry, and Thesis Tracker has captured 2 comments from 2 fund managers, Lennox and Pendal. Founded in 2015 and headquartered in Israel, Weebit Nano develops resistive random access memory, or ReRAM, a non-volatile memory technology built using fab-friendly materials that can be embedded in chips for AI, automotive, IoT and edge computing, licensing its technology to foundries and chip makers such as SkyWater and onsemi.

Market cap: $597m
Price to earnings: Loss-making
Return on equity: -45.0%
Dividend yield: 0.0%
Price to book: 6.05x
Net margin: -359.4%
52-week range: $2.43 to $8.89

Company figures as of 15 Oct 2026. For information only.

Questions

Who is investing in Weebit Nano Ltd (ASX:WBT)?

Fund managers including Lennox Capital Partners and Pendal Group have invested in Weebit Nano Ltd (ASX:WBT).

What opportunities or catalysts do fund managers highlight for Weebit Nano Ltd?

Pendal notes Weebit continues to report commercial progress, with ReRAM licensing agreements supporting its long-term opportunity.

What are the key risks to the Weebit Nano Ltd investment thesis, according to fund managers?

Lennox and Pendal highlight a 48% share price fall as speculative AI and semiconductor stocks sold off, showing extreme sentiment-driven volatility.

What does Weebit Nano Ltd (ASX:WBT) do?

Weebit Nano Limited develops non-volatile memory technology using resistive random access memory (ReRAM) built on fab-friendly materials. The company operates in South Korea and the United States. Incorporated in 2010, Weebit Nano Limited is headquartered in Sydney, Australia.

General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.

11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.

Disclaimer Terms of Use Privacy Complaints Contact

Loading…