Ceredex Value Advisors Cuts KeyCorp Stock Holdings

Investment firm reduces stake in financial services provider by over 20%

Published on Mar. 10, 2026

Got story updates? Submit your updates here. ›

Ceredex Value Advisors LLC, an investment management firm, has reduced its holdings in KeyCorp (NYSE: KEY) by 20.1% during the third quarter, according to a recent SEC filing. The firm now owns approximately 3.86 million shares of the financial services provider's stock, making it one of KeyCorp's largest institutional investors.

Why it matters

This reduction in Ceredex's KeyCorp position provides insight into the investment firm's views on the financial company's outlook and performance. As a major shareholder, Ceredex's trading activity can influence the stock price and signal broader market sentiment around KeyCorp.

The details

According to the 13F filing, Ceredex Value Advisors sold 969,480 shares of KeyCorp during the third quarter, reducing its total stake to 3,857,926 shares. KeyCorp comprises 1.7% of Ceredex's investment portfolio, making it the firm's largest holding.

  • Ceredex Value Advisors reduced its KeyCorp holdings during the third quarter of 2026.

The players

Ceredex Value Advisors LLC

An investment management firm that owns a significant stake in KeyCorp.

KeyCorp

A bank holding company and financial services provider headquartered in Cleveland, Ohio.

Got photos? Submit your photos here. ›

The takeaway

Ceredex Value Advisors' reduction in its KeyCorp holdings suggests the investment firm may have concerns about the financial company's near-term prospects, though KeyCorp remains a major position in Ceredex's portfolio. This move could signal broader market uncertainty around the banking sector.