Korea Investment CORP Trims Twilio Stake

Hedge fund reduces position in tech company by over a third

Published on Mar. 12, 2026

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Korea Investment CORP, a major institutional investor, has reduced its stake in Twilio Inc. (NYSE:TWLO) by 35.4% in the third quarter, according to a recent SEC filing. The firm now owns 86,318 shares of the technology company's stock, down from 133,722 shares previously.

Why it matters

Twilio is a leading cloud communications platform that enables developers to build messaging, voice, and video applications. The company has seen strong growth in recent years, but its stock price has been volatile. Korea Investment CORP's decision to trim its position in Twilio could signal broader investor concerns about the stock's valuation or future prospects.

The details

According to the SEC filing, Korea Investment CORP sold 47,404 shares of Twilio stock during the third quarter. The firm now owns a 0.06% stake in the company, valued at $8.64 million as of the most recent filing. The sale represents a 35.4% reduction in Korea Investment CORP's Twilio holdings.

  • Korea Investment CORP made the share sale in the 3rd quarter of 2026.

The players

Korea Investment CORP

A major institutional investor that manages assets on behalf of the South Korean government.

Twilio Inc.

A cloud communications platform-as-a-service (CPaaS) company that enables developers to build messaging, voice, and video applications.

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The takeaway

Korea Investment CORP's decision to trim its Twilio stake could indicate broader investor concerns about the stock's valuation or future prospects, even as the company continues to see strong growth in its cloud communications platform business.