Miller Howard Investments Trims Stake in BNY Mellon

The investment firm reduced its holdings in the financial services company by over 36% in the fourth quarter.

Apr. 20, 2026 at 10:24am

Got story updates? Submit your updates here. ›

A highly detailed, black-and-white close-up image of gears, levers, and other heavy machinery components, conveying the industrial nature of modern banking and finance without depicting any recognizable branding or symbols.An institutional investor's reduced stake in a major financial services firm reflects the evolving landscape of the banking industry.NYC Today

Miller Howard Investments Inc. NY cut its stake in shares of BNY Mellon (NYSE:BK) by 36.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 386,133 shares of the bank's stock after selling 217,778 shares during the period. BNY Mellon comprises approximately 1.4% of Miller Howard Investments' investment portfolio, making the stock its 29th biggest position.

Why it matters

This filing provides insight into the investment decisions of Miller Howard Investments, a prominent institutional investor. The reduction in their BNY Mellon holdings could signal a shift in their outlook on the financial services company or broader market conditions.

The details

According to the 13F filing, Miller Howard Investments Inc. NY owned approximately 0.06% of BNY Mellon as of the end of the fourth quarter, with a position valued at $44,826,000. The firm sold 217,778 shares of the bank's stock during the period.

  • Miller Howard Investments filed its 13F for the fourth quarter of 2025 on April 20, 2026.

The players

Miller Howard Investments Inc. NY

An institutional investment firm based in New York.

BNY Mellon

A global financial services company headquartered in New York City, formed in 2007 through the merger of the Bank of New York and Mellon Financial Corporation.

Got photos? Submit your photos here. ›

The takeaway

This filing highlights the ongoing shifts in institutional investment strategies as market conditions evolve. The reduction in Miller Howard's BNY Mellon position could signal broader concerns about the financial sector or the firm's own portfolio adjustments, though the reasons behind the move are not explicitly stated.