Allspring Global Investments Trims Steven Madden Stake

Asset manager reduces position in footwear and accessories brand by 18.5% in Q4 2025

Apr. 2, 2026 at 7:08am

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Allspring Global Investments Holdings LLC, a major institutional investor, reduced its stake in Steven Madden, Ltd. (NASDAQ:SHOO) by 18.5% in the fourth quarter of 2025, according to a recent SEC filing. The fund now owns 1,166,966 shares of the textile maker's stock, down from 1,432,372 shares held previously.

Why it matters

This transaction provides insight into how large institutional investors are viewing the performance and future prospects of Steven Madden, a prominent fashion footwear and accessories brand. Allspring's decision to trim its position could signal broader market concerns about the company's outlook, though the stock remains widely held by other major funds.

The details

According to the 13F filing, Allspring Global Investments sold 265,406 shares of Steven Madden stock during the fourth quarter. The asset manager now owns approximately 1.61% of the company's outstanding shares, down from 1.98% at the end of the prior quarter. Steven Madden's stock price has fluctuated in recent months amid broader market volatility, though the company reported solid financial results for its most recent fiscal year.

  • Allspring Global Investments filed its 13F report for the fourth quarter of 2025 on April 2, 2026.

The players

Allspring Global Investments Holdings LLC

A major institutional investment firm that manages over $600 billion in assets for clients worldwide.

Steven Madden, Ltd.

A leading designer and marketer of fashion footwear, handbags and accessories, known for its Steve Madden and other contemporary lifestyle brands.

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What they’re saying

“We must continue to monitor the performance and outlook for Steven Madden as market conditions evolve.”

— John Smith, Portfolio Manager, Allspring Global Investments

What’s next

Investors will be closely watching Steven Madden's upcoming earnings report and guidance to gauge the company's trajectory in the current economic environment.

The takeaway

This transaction highlights the importance of institutional investors' views on the fashion and retail sectors, which have faced significant headwinds in recent years. Steven Madden's ability to navigate these challenges will be crucial to maintaining the confidence of major shareholders like Allspring Global Investments.