Assenagon Asset Management Trims Fox Factory Holding Stake

Institutional investor reduces position in powersports equipment manufacturer by over 65%

Apr. 1, 2026 at 7:20am

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Assenagon Asset Management S.A., an institutional investor, reduced its holdings in Fox Factory Holding Corp. (NASDAQ:FOXF) by 65.2% during the fourth quarter, according to a recent SEC filing. The firm now owns 60,827 shares of the company's stock, down from 174,680 shares previously.

Why it matters

This transaction provides insight into the investment strategy and portfolio adjustments of Assenagon Asset Management, a notable institutional investor. Changes in large shareholder positions can signal broader market trends or shifts in sentiment around a particular stock.

The details

According to the filing, Assenagon Asset Management sold 113,853 shares of Fox Factory Holding during the fourth quarter. The firm now owns a 0.15% stake in the powersports equipment manufacturer, valued at $1.041 million as of the end of the reporting period.

  • Assenagon Asset Management reduced its Fox Factory holdings during the fourth quarter of 2025.

The players

Assenagon Asset Management S.A.

An institutional investment firm that has reduced its stake in Fox Factory Holding Corp.

Fox Factory Holding Corp.

A manufacturer of high-performance suspension systems, shock absorbers and related components for powersports, light-vehicle and mountain-bike applications.

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The takeaway

This transaction highlights the ongoing portfolio adjustments and investment decisions being made by major institutional investors like Assenagon Asset Management. Changes in large shareholder positions can provide valuable insights into market sentiment and the outlook for individual stocks.