Entropy Technologies Boosts Allstate Stake by 627%

Hedge fund significantly increases position in insurance provider's stock

Mar. 13, 2026 at 9:09am

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Entropy Technologies LP, a hedge fund, boosted its position in shares of The Allstate Corporation (NYSE:ALL) by 627.6% during the third quarter, according to a recent SEC filing. The firm now owns 25,438 shares of the insurance provider's stock, worth $5.46 million.

Why it matters

This sizable increase in Entropy Technologies' Allstate holdings suggests the hedge fund sees significant upside potential in the insurance company's stock. Allstate has been a consistent performer, and the stock's valuation and growth prospects may have attracted the attention of Entropy and other institutional investors.

The details

Entropy Technologies acquired an additional 21,942 shares of Allstate during the third quarter, bringing its total position to 25,438 shares. This represents a 627.6% increase in the hedge fund's stake in the insurance provider. Allstate's stock price ended the most recent quarter at $216.75 per share.

  • Entropy Technologies boosted its Allstate position during the third quarter of 2026.

The players

Entropy Technologies LP

A hedge fund that significantly increased its stake in The Allstate Corporation.

The Allstate Corporation

A major U.S. insurance provider headquartered in Northbrook, Illinois.

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The takeaway

Entropy Technologies' substantial investment in Allstate suggests the hedge fund sees strong growth potential in the insurance company's stock. This move highlights the continued appeal of Allstate among institutional investors, even as the broader market faces economic uncertainty.