CSM Advisors Reduces Stake in Chart Industries

Industrial products company sees ownership shift as hedge fund trims position

Mar. 16, 2026 at 9:09am

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CSM Advisors LLC has lowered its stake in Chart Industries, Inc. (NYSE:GTLS) by 67.5% during the third quarter, according to a recent SEC filing. The hedge fund now owns 23,050 shares of the industrial products company, down from 70,975 shares previously.

Why it matters

This ownership change reflects shifting investment strategies and portfolio adjustments among institutional investors in Chart Industries, a leading manufacturer of cryogenic storage and distribution equipment used in energy, chemical, and other industrial applications.

The details

According to the SEC filing, CSM Advisors sold 47,925 shares of Chart Industries during the third quarter, reducing its total position to 23,050 shares worth approximately $4.61 million. The hedge fund previously held a larger 0.05% stake in the company.

  • CSM Advisors lowered its position in Chart Industries during the third quarter of 2026.

The players

CSM Advisors LLC

A hedge fund that has reduced its ownership stake in industrial products company Chart Industries.

Chart Industries, Inc.

A leading global manufacturer of engineered equipment for the storage, distribution and end-use of hydrocarbon and industrial gases, serving key markets such as energy, chemical processing, and medical gases.

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The takeaway

This ownership shift by CSM Advisors reflects the dynamic nature of institutional investment in industrial stocks like Chart Industries, as funds adjust their portfolios to align with evolving market conditions and investment theses.