Bamco Inc. NY Sells 100,000 Shares of Confluent, Inc. $CFLT

Institutional investor lowers stake in data streaming company

Mar. 17, 2026 at 7:35am

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Bamco Inc. NY, a major institutional investor, has lowered its holdings in Confluent, Inc. (NASDAQ:CFLT) by 60.6% in the 3rd quarter, according to a recent SEC filing. The firm sold 100,000 shares of the data streaming company, leaving it with 65,000 shares worth $1.29 million at the end of the quarter.

Why it matters

Confluent, founded by the creators of Apache Kafka, has seen significant institutional investment as its real-time data processing platform gains traction. Bamco Inc. NY's decision to reduce its stake could signal a shift in investor sentiment around the company's growth prospects.

The details

According to the SEC filing, Bamco Inc. NY sold 100,000 shares of Confluent during the 3rd quarter, reducing its total holdings to 65,000 shares. The firm's position in Confluent was worth $1.29 million at the end of the quarter. Other major institutional investors in Confluent include Vanguard Group Inc., Champlain Investment Partners LLC, and Franklin Resources Inc.

  • Bamco Inc. NY sold 100,000 shares of Confluent in the 3rd quarter of 2026.

The players

Bamco Inc. NY

A major institutional investor that has reduced its stake in Confluent, Inc.

Confluent, Inc.

A leading provider of an event streaming platform built on Apache Kafka.

Vanguard Group Inc.

A large institutional investor that has increased its holdings in Confluent.

Champlain Investment Partners LLC

An institutional investor that has also boosted its position in Confluent.

Franklin Resources Inc.

Another major institutional investor with a stake in Confluent.

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The takeaway

Bamco Inc. NY's decision to reduce its stake in Confluent could signal a shift in investor sentiment around the company's growth prospects, though the data streaming firm continues to attract significant institutional investment from other major players.