Allspring Global Investments Reduces Stake in CNO Financial Group

Institutional investor sells nearly 150,000 shares of financial services provider

Apr. 2, 2026 at 7:08am

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A high-contrast black and white close-up image of the intricate mechanical components that power a financial institution, conveying a sense of the complex machinery underlying the industry.Allspring Global Investments reduces its stake in CNO Financial Group, reflecting broader shifts in the institutional investment landscape.Indianapolis Today

Allspring Global Investments Holdings LLC lowered its holdings in CNO Financial Group, Inc. (NYSE:CNO) by 11.5% in the fourth quarter, according to a recent SEC filing. The institutional investor now owns approximately 1.2 million shares, or 1.21% of the company.

Why it matters

This reduction in Allspring's position in CNO Financial Group reflects broader trends in the financial services industry, as institutional investors adjust their portfolios in response to market conditions and economic factors.

The details

Allspring Global Investments sold 149,977 shares of CNO Financial Group during the fourth quarter, bringing its total holdings down to 1,153,554 shares. The company cited unspecified reasons for the sell-off, which represented around 11.5% of its previous stake in the financial services provider.

  • Allspring Global Investments reported the stake reduction in a Q4 2025 SEC filing.

The players

Allspring Global Investments Holdings LLC

An institutional investment management firm that owns a sizable stake in CNO Financial Group.

CNO Financial Group, Inc.

A financial services company that provides insurance and retirement solutions to middle-income Americans, with a focus on senior customers.

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The takeaway

This reduction in Allspring's position reflects the fluid nature of institutional investment strategies, as fund managers continuously evaluate and adjust their portfolios to align with market trends and their own investment theses.