Assenagon Asset Management Trims Sun Country Airlines Stake

Investment firm reduces position in airline by over 56% in Q4 2025

Apr. 1, 2026 at 7:20am

Got story updates? Submit your updates here. ›

Assenagon Asset Management S.A. reduced its stake in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 56.4% during the fourth quarter of 2025, according to a recent SEC filing. The firm now owns 66,311 shares of the airline's stock, down from 152,089 shares held previously.

Why it matters

This filing provides insight into the investment strategies of Assenagon Asset Management, a major institutional investor. The reduction in Sun Country Airlines holdings could signal a shift in the firm's outlook on the airline industry or the company's prospects specifically.

The details

Assenagon Asset Management sold 85,778 shares of Sun Country Airlines stock during the fourth quarter, leaving the firm with a 0.13% ownership stake worth approximately $954,000 as of the most recent filing. Other notable institutional investors in Sun Country Airlines include Hancock Whitney Corp, Gotham Asset Management LLC, and CSM Advisors LLC.

  • Assenagon Asset Management reduced its Sun Country Airlines stake during the fourth quarter of 2025.

The players

Assenagon Asset Management S.A.

An investment management firm that has reduced its position in Sun Country Airlines Holdings, Inc.

Sun Country Airlines Holdings, Inc.

A U.S. ultra-low-cost carrier focused on leisure markets, offering scheduled and charter passenger services.

Got photos? Submit your photos here. ›

The takeaway

This filing highlights the shifting investment landscape around airline stocks, as major institutional investors reevaluate their positions amid ongoing industry challenges and uncertainty.