Victory Capital Management Trims Ingevity Stake

Investment firm reduces holdings in specialty chemicals company by 4.7%

Published on Mar. 8, 2026

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Victory Capital Management Inc. has trimmed its stake in Ingevity Corporation (NYSE:NGVT) by 4.7%, selling 39,766 shares during the third quarter. The investment firm now owns approximately 807,752 shares, or 2.22% of the specialty chemicals company.

Why it matters

Ingevity is a key player in the specialty chemicals industry, producing products used in a variety of applications like paper, adhesives, coatings, and automotive emissions control. Changes in major institutional holdings can signal shifts in investor sentiment around the company.

The details

According to a recent SEC filing, Victory Capital Management reduced its position in Ingevity by selling 39,766 shares during Q3 2026. The firm now holds 807,752 shares, or about 2.22% of the company's outstanding stock. Ingevity's stock price has fluctuated in the past year, trading between a 52-week low of $28.49 and a high of $77.46.

  • Victory Capital Management filed the 13F report disclosing the stake reduction on March 8, 2026.

The players

Victory Capital Management Inc.

An investment management firm that oversees over $157 billion in client assets.

Ingevity Corporation

A specialty chemicals and performance materials company headquartered in North Charleston, South Carolina.

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The takeaway

The reduction in Victory Capital's Ingevity holdings reflects broader market volatility in the specialty chemicals sector, though the firm still maintains a sizable stake in the company. Investors will be watching to see if other major institutional investors make similar moves in the coming quarters.