Groupama Asset Management Decreases Stake in Prudential Financial

The institutional investor sold nearly 20,000 shares of the financial services provider in the third quarter.

Mar. 22, 2026 at 7:41am

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Groupama Asset Management lowered its stake in Prudential Financial, Inc. (NYSE:PRU) by 82.3% in the third quarter, according to the company's most recent disclosure with the SEC. The institutional investor now owns 4,274 shares of the financial services provider's stock, down from 24,096 shares previously.

Why it matters

This transaction reflects Groupama Asset Management's portfolio adjustments and changes in its investment strategy for Prudential Financial. As an institutional investor, Groupama's moves can provide insights into market sentiment and trends around the financial services company.

The details

Groupama Asset Management sold 19,822 shares of Prudential Financial in the third quarter, reducing its total holdings to 4,274 shares. The firm cited the financial services provider's stock performance and its own investment objectives as reasons for the stake reduction.

Groupama Asset Management disclosed the transaction in a filing with the SEC on March 22, 2026.

The players