Legal & General Group Plc Sells 2.3M Shares of Ford Motor Company

The institutional investor reduced its stake in the automaker by 6.8% in the third quarter.

Mar. 12, 2026 at 10:54am

Legal & General Group Plc, an institutional investor, lowered its position in shares of Ford Motor Company (NYSE:F) by 6.8% during the 3rd quarter, selling 2,345,909 shares. The firm now owns 31,955,453 shares of the auto manufacturer's stock, valued at $382,187,000 as of its most recent SEC filing.

Why it matters

This transaction represents a significant reduction in Legal & General Group's stake in Ford Motor, one of the largest automakers in the world. The sale could signal a shift in the institutional investor's outlook on Ford's prospects or a rebalancing of its overall portfolio.

The details

According to the report, Legal & General Group Plc sold 2,345,909 shares of Ford Motor Company in the 3rd quarter. The firm now holds 31,955,453 shares of the automaker's stock, valued at $382,187,000 as of its latest SEC filing. The sale represents a 6.8% reduction in Legal & General's position in Ford.

  • The share sale occurred during the 3rd quarter of the year.

The players

Legal & General Group Plc

An institutional investor and one of the largest asset managers in the world.

Ford Motor Company

An American multinational automaker headquartered in Dearborn, Michigan.

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The takeaway

This transaction highlights the shifting investment landscape in the automotive industry, as major institutional investors reevaluate their positions in traditional automakers like Ford. The sale could signal broader concerns about the company's long-term prospects or a desire to rebalance portfolios amid broader market changes.