Legal & General Group Sells Stake in Ford Motor

Institutional investor reduces position in automaker by 6.8%

Mar. 12, 2026 at 10:21am

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Legal & General Group Plc, a major institutional investor, decreased its stake in Ford Motor Company by 6.8% in the third quarter, according to a recent SEC filing. The firm sold 2,345,909 shares, leaving it with 31,955,453 shares or about 0.80% ownership of the automaker.

Why it matters

This transaction reflects broader shifts in investor sentiment around Ford Motor as the company navigates industry challenges. As a major shareholder, Legal & General Group's decision to reduce its position could signal concerns about Ford's near-term performance or longer-term outlook.

The details

According to the 13F filing, Legal & General Group sold 2,345,909 shares of Ford Motor in the third quarter, reducing its total stake to 31,955,453 shares. This represented approximately 0.80% ownership of the automaker. The firm cited unspecified factors for the decision to decrease its position in Ford.

  • Legal & General Group filed its 13F report for the third quarter of 2026.

The players

Legal & General Group Plc

A major institutional investor and asset management firm based in the United Kingdom.

Ford Motor Company

An American multinational automaker headquartered in Dearborn, Michigan, founded by Henry Ford in 1903.

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The takeaway

This transaction highlights the evolving landscape for investors in the automotive industry, as major shareholders reevaluate their positions in legacy automakers like Ford amid broader market shifts and technological disruption.