Algert Global Sells Stake in Life Time Group Holdings

Institutional investor reduces position in fitness company by over 50%

Mar. 17, 2026 at 7:09am

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Algert Global LLC, an institutional investor, decreased its position in shares of Life Time Group Holdings, Inc. (NYSE:LTH) by 50.9% in the 3rd quarter, according to a recent SEC filing. The firm now owns 304,017 shares of the company's stock, down from 619,267 shares previously held.

Why it matters

This transaction represents a significant reduction in Algert Global's stake in Life Time Group, one of the largest fitness center operators in North America. The sale could signal a shift in the institutional investor's outlook on the company's performance or growth prospects.

The details

According to the filing, Algert Global sold 315,250 shares of Life Time Group during the 3rd quarter. The firm now owns about 0.14% of the company's outstanding shares, down from 0.28% previously. Life Time Group operates over 160 premium athletic resorts across the U.S. and Canada, offering fitness facilities, group classes, and other wellness services.

  • Algert Global decreased its position in Life Time Group during the 3rd quarter of 2026.

The players

Algert Global LLC

An institutional investment firm that has reduced its stake in Life Time Group Holdings.

Life Time Group Holdings, Inc.

A premier operator of health, fitness and lifestyle centers across North America, with over 160 locations.

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The takeaway

This transaction highlights the shifting investment landscape around the fitness industry, as institutional investors reevaluate their positions in companies like Life Time Group amid evolving market conditions and consumer trends.