Victory Capital Reduces Stake in Fluor Corporation

Institutional investor sells over 27,000 shares of construction company

Published on Mar. 10, 2026

Victory Capital Management Inc. reduced its stake in Fluor Corporation (NYSE:FLR) by 5.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 520,005 shares of the construction company's stock after selling 27,098 shares during the period.

Why it matters

Fluor is a major global engineering and construction firm, and changes in institutional ownership can signal shifts in market sentiment around the company's prospects. Victory Capital's reduction in its Fluor stake may indicate broader investor concerns about the construction industry or Fluor's specific business challenges.

The details

According to the 13F filing, Victory Capital Management owned 0.32% of Fluor's outstanding shares as of the end of the 3rd quarter, valued at $21,877,000. The firm sold 27,098 shares during the period, reducing its total position. Other large investors have also recently bought and sold Fluor shares, with DLD Asset Management, Rubric Capital Management, and Sourcerock Group among those adjusting their positions.

  • Victory Capital Management filed its 13F report for the 3rd quarter of 2026.

The players

Victory Capital Management Inc.

An investment management firm that owns stakes in various public companies.

Fluor Corporation

A global engineering and construction company headquartered in Irving, Texas.

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The takeaway

The reduction in Victory Capital's Fluor stake could signal broader investor concerns about the construction industry or Fluor's specific business challenges, though the reasons behind the firm's decision are not entirely clear from the available information.