Victory Capital Management Inc. Cuts Stake in Genuine Parts Company

Institutional investor reduces position in auto parts retailer by 5.5% in Q3

Published on Mar. 8, 2026

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Victory Capital Management Inc., an institutional investor, decreased its holdings in shares of Genuine Parts Company (NYSE:GPC) by 5.5% in the third quarter, according to a recent SEC filing. The firm now owns 309,833 shares of the specialty retailer's stock, valued at $42.9 million.

Why it matters

Institutional investors like Victory Capital Management closely monitor and adjust their positions in major companies like Genuine Parts. This filing provides insight into how one prominent investor views the auto parts retailer's prospects and performance.

The details

According to the 13F filing, Victory Capital Management sold 17,950 shares of Genuine Parts in the third quarter, reducing its total stake to 309,833 shares. The firm now owns 0.22% of the company's outstanding stock. Genuine Parts is a leading distributor of automotive replacement parts, industrial parts, and business products, with a network of retail and commercial operations.

  • The 13F filing covers the third quarter of 2026.

The players

Victory Capital Management Inc.

An institutional investment management firm that oversees over $150 billion in assets.

Genuine Parts Company

A global distributor of automotive replacement parts, industrial parts, and business products, headquartered in Atlanta, Georgia.

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The takeaway

This filing indicates that one major institutional investor has reduced its stake in Genuine Parts, potentially signaling a shift in market sentiment around the auto parts retailer. However, the company remains a significant holding for Victory Capital Management, suggesting the firm still sees value in the stock despite the reduced position.