44 Wealth Management LLC Cuts Stake in The Allstate Corporation

Institutional investor reduces holdings in insurance provider

Mar. 15, 2026 at 7:22am

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44 Wealth Management LLC, an institutional investor, has reduced its stake in The Allstate Corporation (NYSE:ALL) by 80.1% during the third quarter, according to a recent SEC filing. The firm now owns 3,005 shares of the insurance provider's stock, down from 15,063 shares previously.

Why it matters

This filing provides insight into the investment decisions and portfolio changes of 44 Wealth Management LLC, which could signal broader market trends or shifts in sentiment around Allstate stock.

The details

According to the SEC filing, 44 Wealth Management LLC sold 12,058 shares of Allstate stock during the third quarter, reducing its total holdings to 3,005 shares valued at $645,000 as of the most recent reporting period.

  • The filing covers the third quarter of the year.

The players

44 Wealth Management LLC

An institutional investor that has reduced its stake in The Allstate Corporation.

The Allstate Corporation

A major insurance provider based in Northbrook, Illinois.

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The takeaway

This filing highlights the shifting investment strategies of 44 Wealth Management LLC, which has significantly reduced its position in Allstate stock. While the reasons behind this move are not explicitly stated, it could signal broader market trends or changes in the firm's investment outlook.