Allianz Asset Management Increases Stake in Alexander & Baldwin

The institutional investor now owns over 0.8% of the Hawaii-focused real estate investment trust.

Published on Feb. 9, 2026

Allianz Asset Management GmbH increased its holdings in shares of Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) by 17.3% in the 3rd quarter, according to the company's recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor now owns 594,325 shares of the financial services provider's stock, valued at approximately $10.81 million.

Why it matters

This increase in Allianz's stake in Alexander & Baldwin, a Hawaii-focused REIT, suggests the institutional investor sees value and growth potential in the company's real estate portfolio and operations across the Hawaiian Islands.

The details

According to the SEC filing, Allianz Asset Management GmbH acquired an additional 87,670 shares of Alexander & Baldwin during the third quarter, bringing its total ownership to approximately 0.82% of the company's outstanding shares. Alexander & Baldwin owns and operates a diverse portfolio of commercial real estate assets, including office, retail, industrial and hospitality properties across Hawaii.

  • Allianz Asset Management GmbH increased its stake in Alexander & Baldwin during the 3rd quarter of 2022.

The players

Allianz Asset Management GmbH

A global investment management firm and a subsidiary of the Allianz Group, one of the world's largest insurance and asset management companies.

Alexander & Baldwin Holdings, Inc.

A Hawaii-focused real estate investment trust that owns and operates a diverse portfolio of commercial properties across the Hawaiian Islands.

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The takeaway

Allianz's increased stake in Alexander & Baldwin suggests the institutional investor sees long-term value in the Hawaii-focused REIT's real estate assets and growth potential, underscoring the appeal of the company's diversified commercial property portfolio in the Hawaiian market.