Ameriprise Financial Inc. Boosts Stake in General Motors

Institutional investor increases ownership in automaker by 5.3% in Q3

Mar. 17, 2026 at 7:08am

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Ameriprise Financial Inc., an institutional investor, has increased its stake in General Motors Company (NYSE: GM) by 5.3% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. Ameriprise now owns 6,001,245 shares of the auto manufacturer's stock, representing approximately 0.64% of the company's outstanding shares.

Why it matters

This increase in Ameriprise's GM holdings signals continued institutional confidence in the automaker's performance and future prospects. As a major shareholder, Ameriprise's increased stake could influence GM's strategic direction and decision-making.

The details

According to the 13F filing, Ameriprise Financial bought an additional 302,140 shares of General Motors in the third quarter, bringing its total ownership to 6,001,245 shares. This represents a 5.3% increase in Ameriprise's position compared to the prior quarter. General Motors' stock has seen strong performance over the past year, rising nearly 75% as the company navigates the transition to electric vehicles and autonomous driving technologies.

  • Ameriprise Financial increased its GM stake in the third quarter of 2026.

The players

Ameriprise Financial Inc.

A major institutional investor and financial services firm that manages over $1 trillion in client assets.

General Motors Company

A global automotive manufacturer headquartered in Detroit, Michigan, known for brands like Chevrolet, GMC, Cadillac and Buick.

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The takeaway

Ameriprise Financial's increased stake in General Motors signals continued institutional confidence in the automaker's ability to navigate industry changes and capitalize on emerging trends like electric vehicles and autonomous driving. This could influence GM's strategic direction as it works to maintain its position as a leading global automotive manufacturer.