Assenagon Asset Management Boosts Ameriprise Financial Holdings

Institutional investor increases stake in financial services firm by 60.3%

Mar. 24, 2026 at 7:10am

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Assenagon Asset Management S.A. has increased its holdings in Ameriprise Financial, Inc. (NYSE:AMP) by 60.3% in the fourth quarter, according to a recent SEC filing. The firm now owns 211,503 shares of the financial services provider's stock, worth approximately $103.7 million.

Why it matters

Ameriprise Financial is a major player in the financial services industry, providing a range of wealth management, asset management, and insurance products to individual and institutional clients. This increase in Assenagon's stake suggests the institutional investor sees continued growth potential in the company.

The details

Assenagon Asset Management acquired an additional 79,600 shares of Ameriprise Financial during the fourth quarter, bringing its total holdings to 211,503 shares. This represents a 60.3% increase in the firm's position. Ameriprise Financial has a market capitalization of $40.29 billion and its stock is trading at around $441.92 per share.

  • Assenagon Asset Management increased its Ameriprise Financial holdings in the fourth quarter of 2025.

The players

Assenagon Asset Management S.A.

An institutional investment firm that has increased its stake in Ameriprise Financial.

Ameriprise Financial, Inc.

A diversified financial services company that provides wealth management, asset management, and insurance products.

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The takeaway

This move by Assenagon Asset Management suggests continued confidence in Ameriprise Financial's growth prospects, as the institutional investor has significantly increased its stake in the financial services firm.