Primecap Management Reduces Stake in Chart Industries

The institutional investor sold over 177,000 shares of the industrial equipment company in the third quarter.

Published on Feb. 28, 2026

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Primecap Management Co. CA, an institutional investor, reduced its stake in Chart Industries, Inc. (NYSE:GTLS) by 91.3% during the third quarter. The firm now owns 17,000 shares of the industrial products company's stock, down from 194,475 shares previously.

Why it matters

Chart Industries is a leading global manufacturer of engineered equipment for the storage, distribution and end-use of hydrocarbon and industrial gases. Primecap Management's significant reduction in its position could signal a shift in investor sentiment or a reallocation of the firm's portfolio.

The details

According to a regulatory filing, Primecap Management sold 177,475 shares of Chart Industries stock in the third quarter. The firm now holds 17,000 shares, worth approximately $3.4 million as of the most recent SEC filing. Other institutional investors, including Intech Investment Management LLC and Greenland Capital Management LP, also modified their holdings in Chart Industries during the quarter.

  • Primecap Management reduced its stake in Chart Industries during the 3rd quarter of 2022.

The players

Primecap Management Co. CA

An institutional investor that previously held a significant stake in Chart Industries, Inc.

Chart Industries, Inc.

A leading global manufacturer of engineered equipment for the storage, distribution and end-use of hydrocarbon and industrial gases.

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The takeaway

Primecap Management's substantial reduction in its Chart Industries holdings could indicate a shift in investor sentiment or a strategic portfolio reallocation by the firm. As a major player in the industrial gas equipment market, changes in Chart Industries' shareholder base are worth monitoring for insights into the company's outlook and the broader industry trends.