Board of Pension Protection Fund Trims Raymond James Financial Stock

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According to a disclosure with the Securities and Exchange Commission, the Board of the Pension Protection Fund trimmed its position in Raymond James Financial, Inc. (NYSE:RJF) by 95.2% during the fourth quarter of 2025. The fund previously owned 8,300 shares of the financial services provider's stock but sold 7,900 shares, leaving it with just 400 shares worth $64,000 at the end of the reporting period.

Why it matters

This significant reduction in the Pension Protection Fund's stake in Raymond James Financial could signal a shift in the fund's investment strategy or outlook on the company. As a major institutional investor, changes in the fund's holdings can provide insights into broader market trends and investor sentiment around the financial services industry.

The details

The Board of the Pension Protection Fund sold off the vast majority of its Raymond James Financial shares during the fourth quarter of 2025, reducing its position by 95.2%. The fund previously held 8,300 shares of the financial services provider's stock but sold 7,900 of those, leaving it with just 400 shares worth $64,000 at the end of the reporting period.

• The Pension Protection Fund's position reduction occurred during the fourth quarter of 2025.