Cresset Asset Management Trims Stake in Nutanix

Institutional investor reduces holdings in tech company by over 30%

Published on Mar. 6, 2026

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Cresset Asset Management LLC lowered its position in Nutanix (NASDAQ:NTNX) by 30.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 83,062 shares of the technology company's stock after selling 35,950 shares during the period.

Why it matters

This move by Cresset Asset Management reflects broader trends in the market for Nutanix shares, which have seen significant volatility in recent quarters as the company navigates a competitive enterprise cloud computing landscape.

The details

Cresset Asset Management reduced its holdings in Nutanix from 119,012 shares to 83,062 shares, a 30.2% decrease. The firm's total investment in Nutanix was worth $6,179,000 as of the most recent SEC filing.

  • Cresset Asset Management made the changes to its Nutanix position in the 3rd quarter of 2026.

The players

Cresset Asset Management LLC

An institutional investment firm that manages assets for high-net-worth individuals and families.

Nutanix

A technology company that develops software to simplify the deployment and management of datacenter infrastructure, best known for pioneering hyperconverged infrastructure.

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The takeaway

Cresset Asset Management's reduction in its Nutanix holdings reflects the ongoing challenges facing the enterprise cloud computing company as it competes in a crowded market. Investors will be watching closely to see how Nutanix navigates these competitive pressures in the quarters ahead.