Martingale Asset Management Reduces Kroger Stake

Institutional investor cuts holding in grocery chain by 7.1% in Q3

Mar. 13, 2026 at 10:52am

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Martingale Asset Management L.P. reduced its stake in The Kroger Co. (NYSE:KR) by 7.1% during the third quarter, according to a recent SEC filing. The institutional investor owned 405,221 shares of the company's stock after selling 30,964 shares during the period.

Why it matters

Kroger is one of the largest grocery chains in the United States, and institutional investor activity in the stock can provide insights into market sentiment and future performance. Martingale Asset Management's decision to trim its Kroger position may signal broader concerns about the company's outlook or the overall grocery industry.

The details

According to the SEC filing, Martingale Asset Management owned approximately 0.06% of Kroger's outstanding shares at the end of the reporting period. The firm sold 30,964 Kroger shares during the third quarter. Kroger's stock price has fluctuated in recent months, trading between $58.60 and $76.58 over the past year.

  • Martingale Asset Management reduced its Kroger stake during the third quarter of 2026.

The players

Martingale Asset Management L.P.

An institutional investment firm that manages a portfolio of stocks, including a position in The Kroger Co.

The Kroger Co.

One of the largest supermarket operators in the United States, offering a wide range of retail grocery and related services.

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The takeaway

Martingale Asset Management's decision to reduce its Kroger stake could signal broader concerns about the grocery industry, though the reasons behind the move are not entirely clear. Investors will likely continue to monitor Kroger's stock performance and any further changes in institutional ownership.