Victory Capital Management Reduces Stake in Brighthouse Financial

The investment firm lowered its holdings in the insurance company by 7.9% in the third quarter.

Published on Mar. 8, 2026

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Victory Capital Management Inc. lowered its holdings in Brighthouse Financial, Inc. (NASDAQ:BHF) by 7.9% in the 3rd quarter, according to the company's recent filing with the Securities and Exchange Commission. The firm owned 909,406 shares of the company's stock after selling 78,243 shares during the quarter, representing about 1.59% of Brighthouse Financial.

Why it matters

Brighthouse Financial is a major player in the life insurance and annuity market, and changes in large institutional investors' holdings can signal shifts in market sentiment around the company's performance and outlook.

The details

Victory Capital Management, an investment management firm, reduced its stake in Brighthouse Financial in the third quarter of 2026. The firm sold 78,243 shares, lowering its total holdings in the insurance company to 909,406 shares, or about 1.59% of the company's outstanding stock.

  • Victory Capital Management filed its 13F report for the third quarter of 2026 on March 8, 2026.

The players

Victory Capital Management Inc.

An investment management firm that owns a stake in Brighthouse Financial, Inc.

Brighthouse Financial, Inc.

A U.S.-based life insurance company that specializes in retirement income solutions and annuity products.

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The takeaway

The reduction in Victory Capital Management's stake in Brighthouse Financial could signal a shift in market sentiment around the insurance company's performance and outlook, though further analysis would be needed to draw definitive conclusions.