TD Asset Management Trims Stake in Jack Henry & Associates

Institutional investor reduces holdings in financial technology company

Published on Feb. 27, 2026

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TD Asset Management Inc. reduced its stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 3.3% during the third quarter, according to a recent SEC filing. The firm now owns approximately 529,725 shares of the technology company's stock, valued at $78.9 million.

Why it matters

Jack Henry & Associates is a leading provider of technology solutions and payment processing services for the financial services industry. The reduction in holdings by a major institutional investor like TD Asset Management could signal a shift in market sentiment around the stock.

The details

According to the filing, TD Asset Management sold 18,087 shares of Jack Henry & Associates during the third quarter. The firm now owns approximately 0.73% of the company's outstanding shares. Jack Henry & Associates provides core banking and payment processing platforms used by banks and credit unions across the United States.

  • TD Asset Management reduced its stake in the third quarter of 2026.

The players

TD Asset Management Inc.

A major institutional investor and asset management firm.

Jack Henry & Associates, Inc.

A leading provider of technology solutions and payment processing services for the financial services industry.

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The takeaway

The reduction in holdings by TD Asset Management could signal a shift in market sentiment around Jack Henry & Associates, though the company remains a major player in the financial technology space. Investors will likely be watching to see if other institutional investors follow suit or if the stock can maintain its momentum.