Is Institutional Interest in The Kroger Co. (NYSE:KR) Shifting?

2 min read | February 07, 2025 03:28 AM PST | By Team Kalkine Media

Highlights

  • Several large institutional investors have adjusted their positions in The Kroger Co. (NYSE:KR), reflecting changes in ownership stakes.

  • Yousif Capital Management LLC reduced its holdings, while other firms significantly increased their shares in the company.

  • Institutional investors and hedge funds now control a substantial portion of the company’s shares.

Yousif Capital Management LLC has made adjustments to its stake in The Kroger Co. (NYSE:KR), reducing its holdings by a small percentage during the fourth quarter. The firm’s recent filing with the SEC indicates that 946 shares were sold, bringing its total ownership to 110,119 shares. The value of these holdings was reported at $6,734,000.

Institutional Ownership Trends

Other major institutional investors have also made notable changes to their positions in Kroger. Wellington Management Group LLP significantly increased its holdings, adding more than 2.7 million shares in the third quarter. This move brought its total investment to 2,729,788 shares.

State Street Corp also expanded its position, boosting its stake by over 6%. This increase resulted in total holdings of 33,057,629 shares, amounting to a substantial valuation.

Caisse de Depot et Placement du Quebec saw one of the largest increases in ownership, more than doubling its holdings in the company. With an additional 1,876,397 shares acquired, its total stake reached 3,574,651 shares.

Other Notable Institutional Moves

Worldquant Millennium Advisors LLC also saw a considerable rise in its stake, increasing its position by over 160%. This resulted in ownership of 1,382,537 shares.

Similarly, Assenagon Asset Management S.A. recorded a substantial rise in its holdings. The firm acquired an additional 690,884 shares, bringing its total to 812,179 shares.

Institutional Influence on Kroger

As of the latest reporting period, institutional investors and hedge funds collectively hold 80.93% of Kroger’s shares. This significant ownership level suggests continued interest from major financial entities in the company’s performance and direction.

 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.


Sponsored Articles


Investing Ideas

Previous Next