Truist Financial Buys Stake in Levi Strauss

Institutional investor acquires over 100,000 shares in denim brand

Feb. 7, 2026 at 7:39am by Ben Kaplan

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Truist Financial Corp. has acquired a new position in shares of Levi Strauss & Co. (NYSE:LEVI), purchasing 106,366 shares valued at approximately $2.48 million in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission.

Why it matters

The investment by Truist Financial, a major U.S. bank and financial services company, signals confidence in the continued growth and performance of the iconic denim brand Levi Strauss & Co. as it navigates evolving consumer trends and market conditions.

The details

Truist Financial's new stake in Levi Strauss & Co. was part of a broader trend of institutional investors and hedge funds buying and selling shares of the blue-jean maker in recent quarters. Other notable transactions include Northwestern Mutual Wealth Management Co. increasing its position by 140.7% and Headlands Technologies LLC acquiring over 6,500 shares.

  • Truist Financial acquired the 106,366 Levi Strauss shares in the third quarter of the year.
  • The 13F filing disclosing the transaction was published on February 7, 2026.

The players

Truist Financial Corp

A major U.S. bank and financial services company that has acquired a new stake in Levi Strauss & Co.

Levi Strauss & Co.

A global apparel company best known for its iconic denim jeans and casual wear, founded in 1853 in San Francisco.

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The takeaway

Truist Financial's investment in Levi Strauss & Co. reflects broader institutional confidence in the denim brand's ability to adapt and thrive in a changing retail landscape, building on its storied history and brand recognition.