Victory Capital Management Reduces Stake in Danaher Corporation

The institutional investor sold nearly 9,000 shares of the conglomerate in Q3 2025.

Published on Mar. 8, 2026

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Victory Capital Management Inc. reduced its position in Danaher Corporation (NYSE:DHR) by 4.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 203,242 shares of the conglomerate's stock after selling 8,908 shares during the period.

Why it matters

Danaher is a major conglomerate with a diverse portfolio of businesses across life sciences, diagnostics, and environmental solutions. Changes in ownership by large institutional investors like Victory Capital can signal shifts in market sentiment or portfolio adjustments.

The details

Victory Capital Management sold 8,908 shares of Danaher stock in the third quarter of 2025, reducing its total position to 203,242 shares. The firm's holdings in Danaher were valued at $40,295,000 at the end of the quarter.

  • Victory Capital Management filed its Q3 2025 Form 13F on March 8, 2026.

The players

Victory Capital Management Inc.

An institutional investment management firm that owns shares in Danaher Corporation.

Danaher Corporation

A global science and technology conglomerate that designs, manufactures, and markets products and services for the life sciences, diagnostics, and environmental and applied markets.

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The takeaway

This filing indicates Victory Capital Management made a strategic decision to reduce its exposure to Danaher in the third quarter of 2025, though the conglomerate remains a significant holding in the firm's portfolio. Investors will be watching to see if other major institutional investors make similar moves in the coming quarters.