McCormick & Company Shares Sold by Aster Capital Management

Hedge fund trims stake in spice and seasoning giant by over 92%

Published on Mar. 2, 2026

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Aster Capital Management DIFC Ltd reduced its holdings in McCormick & Company, Incorporated (NYSE:MKC) by 92.4% during the 3rd quarter, according to a recent SEC filing. The hedge fund now owns just 1,780 shares of the company's stock, down from 21,719 shares previously.

Why it matters

McCormick is a major player in the spice and seasoning industry, with a portfolio of branded and private-label products for consumer, industrial, and foodservice markets. The company's stock performance and ownership changes can provide insights into industry trends and investor sentiment.

The details

According to the 13F filing, Aster Capital Management DIFC Ltd sold off the vast majority of its McCormick & Company shares during the third quarter of the year. The fund now holds just 1,780 shares, down from 21,719 shares previously, a 92.4% reduction in its stake.

  • Aster Capital Management DIFC Ltd reduced its McCormick & Company holdings during the 3rd quarter of 2026.

The players

Aster Capital Management DIFC Ltd

A hedge fund that previously held a sizable stake in McCormick & Company, Incorporated.

McCormick & Company, Incorporated

A global leader in spices, seasonings, and flavor solutions, headquartered in Hunt Valley, Maryland.

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The takeaway

The significant reduction in Aster Capital Management's McCormick & Company holdings suggests a shift in the hedge fund's investment strategy or outlook on the spice and seasoning industry. However, the company remains a major player in the sector, with a diverse portfolio of branded and private-label products.