First Trust Advisors Trims Stake in Affiliated Managers Group

Institutional investor reduces holdings in asset management firm by over 30%

Mar. 13, 2026 at 7:55am

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First Trust Advisors LP, an institutional investor, has trimmed its holdings in Affiliated Managers Group, Inc. (NYSE:AMG) by 31.2% during the third quarter, according to a recent 13F filing with the SEC. The firm now owns 161,478 shares of the asset manager's stock, valued at approximately $38.5 million.

Why it matters

This move by First Trust Advisors reflects broader trends in the asset management industry, as firms navigate market volatility and shifting investor preferences. Affiliated Managers Group's performance and strategic positioning will be closely watched by investors and analysts in the coming quarters.

The details

According to the 13F filing, First Trust Advisors sold 73,201 shares of Affiliated Managers Group during the third quarter, reducing its total stake in the company to approximately 0.57% of the outstanding shares. The institutional investor cited portfolio rebalancing and market conditions as factors behind the decision to trim its position in AMG.

  • First Trust Advisors filed the 13F report disclosing the stake reduction on March 13, 2026.
  • The share sale occurred during the third quarter of the previous fiscal year.

The players

First Trust Advisors LP

An institutional investment firm that manages a variety of equity, fixed income, and alternative investment strategies.

Affiliated Managers Group, Inc.

A global asset management holding company that partners with boutique investment firms, providing capital solutions, distribution services, and operational support.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

The reduction in First Trust Advisors' stake in Affiliated Managers Group reflects the ongoing challenges and evolving dynamics within the asset management industry. As investors and firms navigate market uncertainties, strategic portfolio adjustments will likely continue to shape the competitive landscape.