Orion Porfolio Solutions Reduces Allstate Holdings

Asset management firm cuts stake in insurance provider by over 40%

Published on Mar. 9, 2026

Orion Porfolio Solutions LLC has reduced its holdings in The Allstate Corporation (NYSE:ALL) by 41% in the third quarter, according to a recent disclosure with the Securities and Exchange Commission. The firm now owns 17,128 shares of the insurance provider's stock, valued at $3.68 million as of its most recent SEC filing.

Why it matters

Allstate is one of the largest personal lines property and casualty insurers in the United States, so changes in institutional ownership of the stock can provide insights into investor sentiment around the company and the insurance industry as a whole.

The details

Orion Porfolio Solutions sold 11,915 shares of Allstate stock during the third quarter, reducing its total position by 41%. The firm now holds 17,128 shares valued at $3.68 million. Other hedge funds have also recently adjusted their Allstate holdings, with some increasing and others decreasing their positions in the stock.

  • Orion Porfolio Solutions reduced its Allstate stake in the third quarter of 2025.

The players

Orion Porfolio Solutions LLC

An asset management firm that has reduced its holdings in The Allstate Corporation.

The Allstate Corporation

One of the largest personal lines property and casualty insurers in the United States.

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The takeaway

The reduction in Orion Porfolio Solutions' Allstate holdings could signal broader investor uncertainty around the insurance industry, though the firm's specific reasons for the sell-off are unclear. Analysts will likely monitor institutional ownership trends for Allstate and its peers for further insights into market sentiment.