Intech Investment Management Reduces Stake in Granite Construction

The institutional investor sold over 14,000 shares of the construction company in the third quarter.

Published on Mar. 2, 2026

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Intech Investment Management LLC reduced its holdings in shares of Granite Construction Incorporated (NYSE:GVA) by 30.3% during the third quarter, according to the company's recent SEC filing. The institutional investor owned 34,061 shares of the construction company's stock, valued at $3,735,000, after selling 14,802 shares.

Why it matters

This reduction in Intech's stake in Granite Construction provides insight into the investment firm's portfolio management strategy and views on the construction company's outlook. As an institutional investor, Intech's trading activity can influence market sentiment and the stock price of Granite Construction.

The details

According to the SEC filing, Intech Investment Management LLC sold 14,802 shares of Granite Construction in the third quarter, reducing its total holdings to 34,061 shares. This represented a 30.3% decrease in the firm's position in the construction company. Intech owned 0.08% of Granite Construction as of its most recent filing.

  • Intech Investment Management reduced its Granite Construction holdings in the third quarter of 2026.

The players

Intech Investment Management LLC

An institutional investment management firm that reduced its stake in Granite Construction in the third quarter.

Granite Construction Incorporated

A publicly traded heavy civil contractor and construction materials producer based in Watsonville, California.

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The takeaway

Intech Investment Management's reduction in its Granite Construction holdings suggests the firm may have a more cautious outlook on the construction company's near-term prospects, though Granite Construction remains an important part of Intech's overall investment portfolio.