Victory Capital Management Reduces Stake in AdvanSix

Asset management firm cuts holdings in chemical manufacturer by 10.6%

Published on Mar. 8, 2026

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Victory Capital Management Inc. has reduced its stake in AdvanSix (NYSE:ASIX), a chemical manufacturing company based in Parsippany, New Jersey. According to a recent SEC filing, the firm sold 257,867 shares of AdvanSix during the third quarter, lowering its total holdings to 2,178,472 shares or about 8.11% of the company.

Why it matters

AdvanSix is a key player in the production of nylon 6 intermediates and related chemicals. Changes in major institutional ownership can signal shifts in investor sentiment and potentially impact the stock price and trading volume.

The details

Victory Capital Management, an Ohio-based asset management firm, previously owned a larger 10.6% stake in AdvanSix. The reduced position comes as AdvanSix's stock has traded in a range between $14 and $27 over the past 52 weeks. Other large institutional investors in AdvanSix include Vanguard Group, American Century Companies, and Geode Capital Management.

  • Victory Capital Management filed the 13F report disclosing the stake reduction on March 8, 2026.
  • The share sale occurred during the third quarter of 2025.

The players

Victory Capital Management Inc.

An Ohio-based asset management firm that has reduced its stake in chemical manufacturer AdvanSix.

AdvanSix

A chemical manufacturing company headquartered in Parsippany, New Jersey that specializes in the production of nylon 6 intermediates and related products.

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The takeaway

The reduced stake by a major institutional investor like Victory Capital Management could signal a shift in sentiment around AdvanSix, though the company's fundamentals and market position remain important factors to monitor going forward.