Hunter Perkins Capital Trims Casey's General Stores Stake

Institutional investor reduces position in convenience store chain by 18%

Mar. 29, 2026 at 10:18am

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A photorealistic studio still-life image featuring a polished metal cash register, a stack of dollar bills, and a single car key, symbolizing the financial aspects of the Casey's General Stores business.The reduction in a major investor's stake highlights the ongoing financial challenges and competitive pressures facing Casey's General Stores.Boone Today

Hunter Perkins Capital Management LLC, an institutional investor, reduced its stake in Casey's General Stores, Inc. (NASDAQ:CASY) by 18% during the fourth quarter, according to a recent SEC filing. The firm now owns approximately 42,022 shares of the company's stock, valued at $23.2 million.

Why it matters

Casey's General Stores is a major regional convenience store chain, with over 2,400 locations across 16 states. The company's stock has seen strong performance, rising over 80% in the past year. Institutional investors closely monitor their positions in the company as it navigates industry trends and competitive pressures.

The details

According to the 13F filing, Hunter Perkins Capital Management sold 9,218 shares of Casey's General Stores during the fourth quarter, reducing its total position to 42,022 shares. The firm now owns approximately 0.11% of the company's outstanding stock. Casey's General Stores is the third-largest holding in Hunter Perkins Capital's portfolio, making up 5.4% of its total assets under management.

  • The 13F filing covers the fourth quarter of 2025, ending on December 31st.

The players

Hunter Perkins Capital Management LLC

An institutional investment firm that owns a stake in Casey's General Stores.

Casey's General Stores, Inc.

A regional convenience store chain operating over 2,400 locations across 16 states.

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The takeaway

The reduction in Hunter Perkins Capital's position in Casey's General Stores is a sign that even as the company's stock has performed well, some institutional investors are taking a more cautious approach. This highlights the ongoing competitive pressures and industry dynamics that Casey's must navigate as it seeks to maintain its growth trajectory.