Ally Financial Shares Surge After Major Stake Acquired

NewSquare Capital LLC boosts stake in financial services provider by over 21,000%

Published on Mar. 6, 2026

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According to a recent 13F filing, NewSquare Capital LLC significantly increased its stake in Ally Financial Inc. (NYSE:ALLY) during the third quarter, growing its position by over 21,500%. The firm now owns 27,891 shares of the financial services provider's stock, worth approximately $1.09 million.

Why it matters

This large increase in ownership by NewSquare Capital highlights growing investor interest and confidence in Ally Financial, one of the leading digital banking and automotive financing companies. The stock's performance and valuation have been closely watched by the market.

The details

NewSquare Capital's 13F filing revealed that the firm acquired an additional 27,762 shares of Ally Financial during the third quarter, bringing its total position to 27,891 shares. This represents a staggering 21,520.9% increase in the firm's stake in the company. Ally Financial is a major player in the automotive financing and digital banking spaces, offering a range of retail and commercial products.

  • NewSquare Capital filed its 13F report for the third quarter of 2026 on March 6, 2026.

The players

NewSquare Capital LLC

An investment management firm that significantly increased its stake in Ally Financial during the third quarter of 2026.

Ally Financial Inc.

A leading digital financial services company headquartered in Detroit, Michigan, offering banking, lending, and insurance products to retail and commercial customers.

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The takeaway

The dramatic increase in NewSquare Capital's position in Ally Financial suggests growing investor confidence in the company's digital banking and automotive financing businesses, which could signal positive momentum for the stock going forward.