Clark Capital Management Group Boosts Stake in CNO Financial

Investment firm increases position in insurance provider by 16.7% in Q3

Mar. 16, 2026 at 9:09am

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Clark Capital Management Group Inc. raised its position in shares of CNO Financial Group, Inc. (NYSE:CNO) by 16.7% in the 3rd quarter, according to the company's recent SEC filing. The institutional investor now owns 219,694 shares of the financial services provider's stock, worth approximately $8.7 million.

Why it matters

This transaction highlights the continued institutional investor interest in CNO Financial, a major insurance and financial services firm based in Indiana. The increase in Clark Capital's stake suggests the firm sees growth potential in CNO's business and stock.

The details

According to the filing, Clark Capital Management purchased an additional 31,490 shares of CNO Financial in the third quarter, bringing its total position to 219,694 shares. This represents approximately 0.23% ownership of the company. The purchase was part of Clark Capital's strategy to increase its exposure to the financial services sector.

  • Clark Capital Management filed the 13F report disclosing the increased stake on March 16, 2026.

The players

Clark Capital Management Group Inc.

An institutional investment management firm based in Philadelphia that oversees over $20 billion in client assets.

CNO Financial Group, Inc.

A financial services holding company that provides life and health insurance products focused on the middle-income consumer market.

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The takeaway

This transaction underscores the continued institutional investor confidence in CNO Financial's business model and growth prospects within the insurance and financial services industry.