Nexus Investment Management Trims Corning Stake

Hedge fund reduces position in electronics maker by 8.6% in Q4

Apr. 8, 2026 at 10:33am

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Nexus Investment Management ULC, a Canadian investment firm, trimmed its position in Corning Incorporated (NYSE: GLW) by 8.6% during the fourth quarter, according to a recent 13F filing. The fund now owns 74,000 shares of the electronics maker's stock, valued at $6.48 million.

Why it matters

Corning is a major supplier of specialty glass and ceramics used in a variety of industries, including consumer electronics, telecommunications, and automotive. Tracking changes in institutional ownership can provide insights into market sentiment and potential future performance of the stock.

The details

According to the 13F filing, Nexus Investment Management sold 7,000 shares of Corning during the fourth quarter. The fund now holds a 0.9% stake in the company, making it Corning's 21st largest institutional investor. Corning's stock has seen strong performance over the past year, rising over 40% as the company benefits from growing demand for its products.

  • Nexus Investment Management filed its 13F report for the fourth quarter on April 8, 2026.
  • The 13F filing covers the period from October 1, 2025 to December 31, 2025.

The players

Nexus Investment Management ULC

A Canadian investment management firm that owns a 0.9% stake in Corning Incorporated.

Corning Incorporated

A global manufacturer of specialty glass, ceramics, and related materials used in a variety of industries, including consumer electronics, telecommunications, and automotive.

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The takeaway

Nexus Investment Management's decision to trim its position in Corning suggests the fund may see limited upside potential in the stock in the near term, despite the company's strong recent performance. However, Corning remains a major player in key growth industries, and changes in institutional ownership are closely watched by investors.