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.