Connor Clark & Lunn Investment Management Reduces Lowe's Stake

Investment firm cuts position in home improvement retailer by nearly 15%

Published on Mar. 12, 2026

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Connor Clark & Lunn Investment Management Ltd. has reduced its stake in Lowe's Companies, Inc. (NYSE:LOW) by 14.9% in the third quarter, according to a recent SEC filing. The firm now owns 508,795 shares of the home improvement retailer's stock, valued at $127.9 million at the end of the reporting period.

Why it matters

This move by a major institutional investor provides insight into market sentiment around Lowe's stock. As a leading home improvement retailer, Lowe's performance is closely watched as an indicator of consumer spending and the health of the housing market.

The details

According to the 13F filing, Connor Clark & Lunn Investment Management sold 89,066 Lowe's shares during the third quarter. The firm now holds a $127.9 million position in the company, down from $150.7 million at the end of the prior quarter. Other major investors like Vanguard Group, State Street Corp, and Geode Capital Management also hold significant stakes in Lowe's.

  • The 13F filing covers the third quarter of 2026.

The players

Connor Clark & Lunn Investment Management Ltd.

A Canadian investment management firm that has reduced its stake in Lowe's Companies, Inc.

Lowe's Companies, Inc.

A leading home improvement retailer operating large-format stores and an e-commerce platform.

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The takeaway

This filing indicates that at least one major institutional investor has become more cautious on Lowe's stock, potentially signaling broader market concerns about the home improvement sector and consumer spending trends.