Clarkston Capital Partners Reduces Comcast Stake

Investment firm sells 42,275 shares of cable giant in third quarter

Published on Mar. 9, 2026

Got story updates? Submit your updates here. ›

Clarkston Capital Partners LLC reduced its stake in Comcast Corporation (NASDAQ:CMCSA) by 4.3% in the third quarter, according to a recent SEC filing. The investment firm sold 42,275 shares, leaving it with 933,319 shares of the cable company's stock valued at $29,325,000 as of the end of the quarter.

Why it matters

Comcast is one of the largest media and communications companies in the world, and changes in ownership of its stock by major institutional investors can provide insights into market sentiment around the company's performance and future prospects.

The details

Clarkston Capital Partners, an investment management firm, reduced its position in Comcast by selling 42,275 shares in the third quarter. This represented a 4.3% decrease in the firm's overall stake in the cable company. Clarkston Capital Partners now owns 933,319 shares of Comcast, worth $29,325,000 as of the most recent SEC filing.

  • Clarkston Capital Partners sold the 42,275 Comcast shares in the third quarter of 2026.

The players

Clarkston Capital Partners LLC

An investment management firm that reduced its stake in Comcast Corporation.

Comcast Corporation

A diversified global media and technology company headquartered in Philadelphia, Pennsylvania.

Got photos? Submit your photos here. ›

The takeaway

This filing indicates that Clarkston Capital Partners, a major institutional investor in Comcast, has reduced its position in the company, potentially signaling a shift in market sentiment around the cable giant's performance and future prospects.