Cinctive Capital Management Reduces Huntington Bancshares Stake

Hedge fund sells over 213,000 shares of the Ohio-based bank

Mar. 15, 2026 at 10:04am

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Cinctive Capital Management LP decreased its position in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) by 27.1% during the 3rd quarter, according to the company's latest 13F filing with the Securities & Exchange Commission. The institutional investor now owns 572,552 shares of the bank's stock, down from 785,846 shares previously.

Why it matters

Huntington Bancshares is a major regional bank headquartered in Columbus, Ohio, with a significant presence across the Midwest. Changes in ownership stakes by large institutional investors can signal shifts in market sentiment and future performance expectations for the company.

The details

Cinctive Capital Management sold 213,294 shares of Huntington Bancshares in the third quarter, reducing its total position to 572,552 shares valued at $9,888,000. The hedge fund cited unspecified reasons for the sell-off, which represented a 27.1% decrease in its Huntington Bancshares holdings. Other major institutional investors, including Empowered Funds LLC, Woodline Partners LP, and Allworth Financial LP, have also adjusted their positions in the bank's stock in recent quarters.

  • Cinctive Capital Management sold the shares during the 3rd quarter of 2026.

The players

Cinctive Capital Management LP

A hedge fund that decreased its position in Huntington Bancshares by selling over 213,000 shares in the third quarter.

Huntington Bancshares Incorporated

A bank holding company headquartered in Columbus, Ohio, that provides a range of banking and financial services through its subsidiary, Huntington National Bank.

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The takeaway

The reduction in Cinctive Capital Management's stake in Huntington Bancshares suggests a potential shift in market sentiment around the regional bank, though the specific reasons behind the sell-off remain unclear. Investors will likely monitor any further changes in ownership by major institutional players as an indicator of the bank's future performance.