Victory Capital Management Cuts Stake in UFP Industries

Institutional investor reduces position in construction materials company by over 50%

Published on Mar. 10, 2026

Got story updates? Submit your updates here. ›

Victory Capital Management Inc. has reduced its position in shares of UFP Industries, Inc. (NASDAQ:UFPI) by 53.4% in the third quarter, according to the company's recent SEC filing. The institutional investor now owns 250,224 shares of the construction company's stock, down from 536,019 shares previously.

Why it matters

This reduction in ownership stake by a major institutional investor could signal a shift in sentiment around UFP Industries, which provides building materials and packaging solutions to home improvement retailers, contractors, and industrial customers. Institutional investor activity is closely watched as it can impact a company's stock price and access to capital.

The details

According to the filing, Victory Capital Management sold 286,795 shares of UFP Industries in the third quarter. The firm now owns 0.43% of the company, down from 0.92% previously. UFP Industries has a market cap of $5.28 billion and its stock has traded between $87.11 and $118.00 over the past 52 weeks.

  • Victory Capital Management reduced its stake in the third quarter of 2025.

The players

Victory Capital Management Inc.

An investment management firm that oversees over $150 billion in assets for institutional and individual investors.

UFP Industries, Inc.

A manufacturer and distributor of wood and wood-alternative products for the home improvement, packaging, and industrial markets.

Got photos? Submit your photos here. ›

The takeaway

This reduction in ownership by a major institutional investor could signal broader concerns about UFP Industries' outlook, though the company's fundamentals and market position remain strong. Investors will likely watch for any further changes in institutional ownership and analyst sentiment around the stock.