First Solar, Inc. (FSLR): Q2 2026 13F — more filers, higher aggregate reported value, and large Vanguard-affiliated / Capital World / BlackRock adds
You are looking at First Solar, Inc. — technology name listed on NASDAQ as FSLR. Below is a read of the latest Form 13F tape (period of report 2026-06-30, Q2 2026) versus the prior quarter (2026-03-31, Q1 2026), plus a short company overview.
First Solar, Inc. / FIRST SOLAR INC
What changed in Q2 2026?
Last quarter = Q2 2026 (period of report 2026-06-30) versus prior Q1 2026 (2026-03-31). Figures are reported 13F values (USD) as filed — delayed snapshots, not live prices.
Here is the story in one breath: more 13F filers (1,006 vs 955), and the aggregate reported 13F value rose (about $22.25B from about $15.33B). Total disclosed shares also moved to about 98,000,772 from about 80,954,774. Hedge-style* holders numbered 8 in Q2 2026 versus 13 in Q1 2026. On the full 13F tape, 177 managers entered and 126 exited (hedge-style* enter/exit: 2 / 7).
Status mix across the QoQ tape (1,132 manager rows including exits): 177 ENTERED, 126 EXITED, 331 INCREASED, 350 DECREASED, 148 UNCHANGED.
Reporting-entity note: several Vanguard-affiliated names appear as ENTERED under new CIKs in Q2 2026 (for example VANGUARD CAPITAL MANAGEMENT LLC ($1.61B), VANGUARD PORTFOLIO MANAGEMENT LLC ($1.33B), VANGUARD FIDUCIARY TRUST CO ($141.38M), Vanguard Global Advisers, LLC ($54.60M)). That is a 13F filer / CIK event in this tape — not automatically the same thing as “Vanguard never owned FSLR before.” Read it as new reporting entities showing up for this CUSIP in the QoQ join.
Who holds FSLR now?
Largest Q2 2026 13F holders by reported position value (top 18 of 1,006). Block size ≈ reported value. Click a name for the fund page.
Fund activity — Q1 2026 → Q2 2026
Top increases and decreases by change in % of the manager’s reported AUM, shown as treemap-style cards. Dollar heatmaps follow.
Top funds increasing % AUM
Largest positive Δ %AUM (entries + any adds).
Top funds decreasing % AUM
Largest negative Δ %AUM (cuts + exits).
Top $ increases (reported value)
Top $ decreases (reported value)
Funds entering & exiting
New fund appearances (ENTERED) and disappearances (EXITED) on the QoQ 13F tape — all filers vs hedge-style* only. Counts are status rows from the QoQ join across the full Form 13F filer set for this CUSIP/ticker — not live flow.
Key Q2 2026 movers (by |Δ reported value|)
The largest absolute dollar increase is VANGUARD CAPITAL MANAGEMENT LLC (status ENTERED, Δ about $1.61B) — accession 0002100119-26-001527. On the downside, the largest absolute dollar decrease is Amundi (EXITED, Δ about -$404.26M).
Classic 13F reminder: Invesco Ltd. cut shares (2,656,785 → 2,599,470) but still shows a higher reported value ($524.08M → $613.37M) — share cuts and dollar increases can sit in the same row when the filing-period price jumps.
Largest Q2 2026 ENTERED names by reported value include: VANGUARD CAPITAL MANAGEMENT LLC ($1.61B), VANGUARD PORTFOLIO MANAGEMENT L… ($1.33B), Capital World Investors ($970.89M), NORGES BANK ($377.19M), VANGUARD FIDUCIARY TRUST CO ($141.38M).
Largest EXITED names by prior reported value include: Amundi (prior $404.26M), Capital Research Global Investo… (prior $80.26M), PECONIC PARTNERS LLC (prior $77.92M), Qube Research & Technologies Ltd (prior $33.13M), Polar Capital Holdings Plc (prior $22.57M).
Top QoQ activity rows (by |Δ value|)
Showing 50 of 1,132 QoQ manager rows — sorted by absolute change in reported value.
| Manager | Status | Shares Q1 | Shares Q2 | Value Q1 | Value Q2 | Δ Value | SEC |
|---|---|---|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | ENTERED | — | 6,836,941 | — | $1.61B | $1.61B | SEC |
| VANGUARD PORTFOLIO MANAGEMENT LLC | ENTERED | — | 5,638,446 | — | $1.33B | $1.33B | SEC |
| Capital World Investors | ENTERED | — | 4,114,639 | — | $970.89M | $970.89M | SEC |
| BlackRock, Inc. | INCREASED | 13,821,076 | 14,029,065 | $2.73B | $3.31B | $583.95M | SEC |
| Amundi | EXITED | 2,049,465 | — | $404.26M | — | -$404.26M | SEC |
| NORGES BANK | ENTERED | — | 1,598,543 | — | $377.19M | $377.19M | SEC |
| D. E. Shaw & Co., Inc. | INCREASED | 59,176 | 1,319,431 | $11.67M | $311.33M | $299.66M | SEC |
| STATE STREET CORP | INCREASED | 5,284,617 | 5,576,026 | $1.04B | $1.32B | $273.28M | SEC |
| Hill City Capital, LP | INCREASED | 2,177,540 | 2,628,130 | $429.54M | $620.13M | $190.59M | SEC |
| FMR LLC | INCREASED | 1,808,433 | 2,179,215 | $356.73M | $514.21M | $157.48M | SEC |
| JPMORGAN CHASE & CO | DECREASED | 2,304,039 | 1,185,601 | $425.56M | $276.01M | -$149.55M | SEC |
| SAMLYN CAPITAL, LLC | INCREASED | 510,931 | 1,045,479 | $100.79M | $246.69M | $145.90M | SEC |
| VANGUARD FIDUCIARY TRUST CO | ENTERED | — | 599,161 | — | $141.38M | $141.38M | SEC |
| MILLENNIUM MANAGEMENT LLC | DECREASED | 951,813 | 256,790 | $187.75M | $60.59M | -$127.16M | SEC |
| GEODE CAPITAL MANAGEMENT, LLC | INCREASED | 3,106,826 | 3,109,602 | $612.02M | $733.06M | $121.04M | SEC |
| MORGAN STANLEY | INCREASED | 1,682,402 | 1,790,509 | $331.87M | $422.49M | $90.62M | SEC |
| Invesco Ltd. | DECREASED | 2,656,785 | 2,599,470 | $524.08M | $613.37M | $89.29M | SEC |
| Capital Research Global Investors | EXITED | 406,870 | — | $80.26M | — | -$80.26M | SEC |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | INCREASED | 1,435,142 | 1,535,836 | $283.10M | $362.40M | $79.30M | SEC |
| PECONIC PARTNERS LLC | EXITED | 395,000 | — | $77.92M | — | -$77.92M | SEC |
| ASSETMARK, INC | INCREASED | 21,238 | 333,310 | $4.19M | $78.65M | $74.46M | SEC |
| Yaupon Capital Management LP | ENTERED | — | 272,379 | — | $64.27M | $64.27M | SEC |
| DIMENSIONAL FUND ADVISORS LP | INCREASED | 1,305,471 | 1,358,967 | $257.44M | $320.64M | $63.19M | SEC |
| GOLDMAN SACHS GROUP INC | INCREASED | 530,849 | 709,626 | $104.72M | $167.44M | $62.73M | SEC |
| HSBC HOLDINGS PLC | INCREASED | 666,976 | 806,256 | $131.53M | $190.29M | $58.76M | SEC |
| WELLS FARGO & COMPANY/MN | INCREASED | 91,584 | 312,940 | $18.07M | $73.84M | $55.78M | SEC |
| AQR CAPITAL MANAGEMENT LLC | DECREASED | 801,679 | 414,876 | $152.77M | $97.89M | -$54.87M | SEC |
| Vanguard Global Advisers, LLC | ENTERED | — | 231,404 | — | $54.60M | $54.60M | SEC |
| CANADA PENSION PLAN INVESTMENT BOARD | DECREASED | 286,582 | 10,525 | $56.53M | $2.48M | -$54.05M | SEC |
| AMERIPRISE FINANCIAL INC | INCREASED | 50,724 | 251,358 | $10.01M | $59.32M | $49.31M | SEC |
| UBS Group AG | INCREASED | 1,205,818 | 1,215,007 | $237.86M | $286.69M | $48.83M | SEC |
| IMC-Chicago, LLC | INCREASED | 18,392 | 219,295 | $3.63M | $51.74M | $48.12M | SEC |
| Man Group plc | DECREASED | 483,068 | 206,282 | $95.29M | $48.67M | -$46.62M | SEC |
| VANGUARD ASSET MANAGEMENT, Ltd | ENTERED | — | 196,626 | — | $46.40M | $46.40M | SEC |
| AMERICAN CENTURY COMPANIES INC | INCREASED | 55,174 | 242,426 | $10.88M | $57.20M | $46.32M | SEC |
| CITADEL ADVISORS LLC | DECREASED | 338,244 | 89,345 | $66.72M | $21.08M | -$45.64M | SEC |
| Pictet Asset Management Holding SA | INCREASED | 1,138,473 | 1,144,045 | $224.54M | $269.95M | $45.41M | SEC |
| ROYAL BANK OF CANADA | INCREASED | 212,567 | 359,322 | $41.93M | $84.79M | $42.86M | SEC |
| Legal & General Group Plc | INCREASED | 601,273 | 649,113 | $118.61M | $153.16M | $34.56M | SEC |
| Qube Research & Technologies Ltd | EXITED | 167,952 | — | $33.13M | — | -$33.13M | SEC |
| JUPITER ASSET MANAGEMENT LTD | DECREASED | 260,023 | 77,173 | $51.29M | $18.21M | -$33.08M | SEC |
| JACOBS LEVY EQUITY MANAGEMENT, INC | INCREASED | 150,871 | 264,199 | $29.76M | $62.34M | $32.58M | SEC |
| Zurcher Kantonalbank (Zurich Cantonalbank) | DECREASED | 233,176 | 67,568 | $46.00M | $15.94M | -$30.05M | SEC |
| SCHRODER INVESTMENT MANAGEMENT GROUP | DECREASED | 1,018,826 | 924,499 | $188.18M | $218.14M | $29.97M | SEC |
| Two Seas Capital LP | DECREASED | 302,984 | 127,984 | $59.77M | $30.20M | -$29.57M | SEC |
| Russell Investments Group, Ltd. | INCREASED | 318,250 | 384,053 | $60.97M | $90.02M | $29.05M | SEC |
| TWO SIGMA INVESTMENTS, LP | DECREASED | 155,482 | 11,715 | $30.67M | $2.76M | -$27.91M | SEC |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | ENTERED | — | 116,932 | — | $27.59M | $27.59M | SEC |
| Altshuler Shaham Ltd | INCREASED | 10,485 | 124,897 | $2.07M | $29.47M | $27.40M | SEC |
| CAPITAL FUND MANAGEMENT S.A. | ENTERED | — | 113,492 | — | $26.78M | $26.78M | SEC |
Company AI overview — First Solar, Inc.
First Solar, Inc. manufactures thin-film cadmium telluride (CdTe) photovoltaic solar modules and provides related solar solutions. Common stock trades on NASDAQ as FSLR. Corporate office listed in company profiles: Phoenix, Arizona metro (see IR contact pages for the current mailing address). Sources: investor.firstsolar.com; firstsolar.com; SEC CIK 0001274494.
Short history / footprint. First Solar is known for U.S.-anchored CdTe module manufacturing and a utility-scale / commercial project orientation rather than a commodity crystalline-silicon reseller model.
Business model & revenue streams. Module sales and related solar project / systems activity drive revenue. Policy (domestic content, tariffs, tax credits), ASP, and manufacturing utilization matter as much as gigawatt shipments.
Competition. Global crystalline-silicon module makers and other thin-film peers compete on cost/watt, bankability, and domestic-content eligibility for U.S. buyers.
Moat (humble take). Differentiated CdTe technology and U.S. manufacturing footprint can help under IRA / domestic-content regimes — still cyclical with utility capex and policy.
Challenges & opportunities. Challenges include ASP pressure, supply-chain inputs, and policy shifts. Opportunities track U.S. utility solar demand, domestic manufacturing incentives, and capacity expansions disclosed by the company.
Recent update (company IR). Check investor.firstsolar.com and SEC filings for bookings, backlog, and guidance. Prefer issuer numbers over secondary summaries.
Q2 2026 accession sample (largest holders)
SEC index links for accessions tied to the largest Q2 2026 reported positions. Filing dates live on each EDGAR index page.
| Accession | Manager | CIK | Type |
|---|---|---|---|
| 0002012383-26-003238 | BlackRock, Inc. | 2012383 | 13F-HR |
| 0002100119-26-001527 | VANGUARD CAPITAL MANAGEMENT LLC | 2100119 | 13F-HR |
| 0002100121-26-001018 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2100121 | 13F-HR |
| 0000093751-26-000507 | STATE STREET CORP | 93751 | 13F-HR |
| 0001422849-26-000113 | Capital World Investors | 1422849 | 13F-HR |
| 0001214717-26-000008 | GEODE CAPITAL MANAGEMENT, LLC | 1214717 | 13F-HR |
| 0001837343-26-000007 | Hill City Capital, LP | 1837343 | 13F-HR |
| 0000914208-26-000343 | Invesco Ltd. | 914208 | 13F-HR |
| 0000315066-26-002260 | FMR LLC | 315066 | 13F-HR |
| 0000895421-26-000243 | MORGAN STANLEY | 895421 | 13F-HR |
| 0001374170-26-000069 | NORGES BANK | 1374170 | 13F-HR |
| 0000861177-26-000004 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 861177 | 13F-HR |
| 0000354204-26-000866 | DIMENSIONAL FUND ADVISORS LP | 354204 | 13F-HR |
| 0001104659-26-097217 | D. E. Shaw & Co., Inc. | 1009207 | 13F-HR |
| 0001520354-26-000040 | BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 1520354 | 13F-HR |
Sources & provenance
- Company site: https://www.firstsolar.com/
- Investor relations: https://investor.firstsolar.com/
- About / overview: https://www.firstsolar.com/en/About-Us/Overview
- Form 13F holdings for period of report 2026-06-30 and 2026-03-31 — individual SEC accession index links in the tables above (EDGAR pattern
https://www.sec.gov/Archives/edgar/data/{cik_from_accession}/{accession_nodash}/{accession}-index.htm). - QuantyFight stock page: https://quantyfight.com/stocks/FSLR
- Market-cap context on this page ≈ $20.4B from holdings metadata (rounded).
More stock research
Open the live FSLR page · Fund research · Quarterly insights