Allspring Global Investments Trims Stake in Old National Bancorp

Institutional investor reduces holdings in regional bank by 2.5% in Q4 2025

Apr. 2, 2026 at 7:07am

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Allspring Global Investments Holdings LLC, a major institutional investor, lowered its stake in Old National Bancorp (NASDAQ: ONB) by 2.5% in the fourth quarter of 2025, according to a recent SEC filing. The firm sold 67,654 shares, reducing its total holdings to 2,602,190 shares, or 0.67% ownership of the regional bank.

Why it matters

Old National Bancorp is a prominent regional bank serving the Midwest, and changes in ownership by major institutional investors can signal shifts in market sentiment or strategic direction for the company. Allspring Global Investments' decision to trim its position may indicate broader trends in the banking sector or the firm's own portfolio realignment.

The details

According to the SEC filing, Allspring Global Investments sold 67,654 shares of Old National Bancorp stock during the fourth quarter of 2025. The firm previously owned 2,669,844 shares, representing a 2.5% reduction in its total stake in the bank. As of the most recent filing, Allspring Global Investments now holds 2,602,190 shares, or 0.67% of Old National Bancorp's outstanding stock.

  • Allspring Global Investments sold the shares in the fourth quarter of 2025.
  • The filing was made on April 2, 2026.

The players

Allspring Global Investments Holdings LLC

A major institutional investment firm that manages over $1 trillion in assets.

Old National Bancorp

A regional bank holding company headquartered in Evansville, Indiana, providing commercial and consumer banking services across the Midwest.

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The takeaway

Changes in ownership by major institutional investors like Allspring Global Investments can provide insights into the market's perception of a regional bank like Old National Bancorp. While the reasons behind Allspring's stake reduction are not fully clear, it may signal broader shifts in the banking industry or the firm's own investment strategy.