Ameriprise Financial Sells $1.65B in Union Pacific Shares

Institutional investor reduces stake in railroad operator by 23.2%

Mar. 15, 2026 at 7:45am

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Ameriprise Financial Inc. lowered its stake in Union Pacific Corporation by 23.2% during the third quarter, according to a recent SEC filing. The institutional investor sold 1,650,513 shares, leaving it with 5,453,841 shares worth $1.29 billion in the railroad operator.

Why it matters

This sale by a major institutional investor highlights the volatility and shifting sentiment around Union Pacific's stock. As one of the largest freight rail companies in the U.S., Union Pacific's performance is closely watched by the investment community.

The details

Ameriprise Financial sold the shares as part of portfolio rebalancing during the third quarter. The firm now owns a 0.92% stake in Union Pacific, down from its previous 1.2% holding. Other major institutional investors in Union Pacific include Capital World Investors, UBS Asset Management, and Franklin Resources.

  • Ameriprise Financial sold the shares during the third quarter of 2026.

The players

Ameriprise Financial Inc.

A major financial services firm that provides investment management, financial planning, and insurance products.

Union Pacific Corporation

One of the largest freight railroad companies in the United States, operating a rail network across the western two-thirds of the country.

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The takeaway

This sale by Ameriprise Financial reflects the broader volatility and uncertainty around Union Pacific's stock performance, as major institutional investors adjust their portfolios in response to shifting market conditions.