Junto Capital Trims Stake in General Motors

Hedge fund reduces position in automaker by over 60% in Q3

Mar. 16, 2026 at 11:52am

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Junto Capital Management LP has reduced its stake in General Motors Company (NYSE: GM) by 60.8% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The hedge fund now owns 514,717 shares of the auto manufacturer's stock, down from 1.3 million shares previously.

Why it matters

Hedge fund activity and changes in major institutional ownership can provide insights into investor sentiment and future expectations for a company's performance. Junto Capital's decision to significantly trim its GM position may signal concerns about the automaker's near-term outlook or a shift in the fund's investment strategy.

The details

According to the 13F filing, Junto Capital sold 799,031 shares of General Motors in the third quarter, leaving the fund with a remaining 514,717 shares. This represents a 60.8% reduction in Junto's GM position. The filing shows the fund owned 0.06% of GM's outstanding shares as of the end of Q3.

  • Junto Capital filed its 13F report for the third quarter of 2026 on March 16, 2026.

The players

Junto Capital Management LP

A hedge fund that has reduced its stake in General Motors by over 60% in the third quarter of 2026.

General Motors Company

A global automotive manufacturer headquartered in Detroit, Michigan, that designs, builds and sells cars, trucks, crossovers and electric vehicles.

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The takeaway

Junto Capital's significant reduction in its GM position suggests the fund may have concerns about the automaker's near-term prospects, though the reasons behind the move are not entirely clear. Investors will likely watch for any further changes in major institutional ownership of GM stock in the coming quarters.