LGT Fund Management Co Ltd. Cuts Stake in The New York Times Company

Investment firm reduces holdings in NYT by over 43% in Q3

Published on Mar. 9, 2026

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LGT Fund Management Co Ltd. lowered its stake in shares of The New York Times Company (NYSE:NYT) by 43.2% in the 3rd quarter, according to a recent 13F filing with the Securities and Exchange Commission. The institutional investor now owns 56,868 shares of the company's stock, down from 100,049 shares held previously.

Why it matters

This filing provides insight into the investment strategies and portfolio changes of LGT Fund Management, a major institutional investor in The New York Times Company. Significant changes in ownership stakes by large investors can influence the stock price and market sentiment around a company.

The details

According to the 13F filing, LGT Fund Management sold 43,181 shares of NYT stock in the third quarter, reducing its total holdings to 56,868 shares. The firm's position was valued at $3,166,000 at the end of the quarter. Other institutional investors and hedge funds have also made changes to their NYT positions in recent quarters, with some increasing and others decreasing their stakes.

  • LGT Fund Management filed the 13F disclosure for the 3rd quarter of 2026.

The players

LGT Fund Management Co Ltd.

An institutional investment firm that manages assets on behalf of clients.

The New York Times Company

A publicly traded media company that publishes The New York Times newspaper and operates the NYTimes.com digital platform.

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The takeaway

This filing highlights the shifting investment landscape around The New York Times Company, as major institutional investors adjust their exposure to the stock. The changes in ownership stakes can influence the stock price and market sentiment, though the overall impact will depend on the broader investment trends and fundamentals of the company.