Ceredex Value Advisors Reduces Stake in Pinnacle Financial Partners

The investment firm sold 13,875 shares of the financial services provider in the third quarter.

Mar. 11, 2026 at 8:52am

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Ceredex Value Advisors LLC reduced its stake in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) by 9.8% in the third quarter, according to the company's recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 127,200 shares of the financial services provider's stock, valued at $11,930,000 as of the filing.

Why it matters

Pinnacle Financial Partners is a prominent regional bank headquartered in Nashville, Tennessee, serving business and consumer clients across the Southeast. Tracking changes in institutional ownership can provide insights into market sentiment and potential future performance of the stock.

The details

Ceredex Value Advisors sold 13,875 shares of Pinnacle Financial Partners during the third quarter, reducing its total position to 127,200 shares. The firm now owns 0.16% of the company's outstanding stock. Other hedge funds have also been active in the stock, with some increasing and others decreasing their positions in recent quarters.

  • Ceredex Value Advisors made the share sale in the third quarter of 2026.

The players

Ceredex Value Advisors LLC

An investment management firm that provides value-oriented equity strategies to institutional and individual investors.

Pinnacle Financial Partners, Inc.

A regional financial services company headquartered in Nashville, Tennessee, providing commercial and consumer banking, wealth management, and insurance services.

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The takeaway

The reduction in Ceredex's stake in Pinnacle Financial Partners reflects broader market trends and investor sentiment around regional banks, though the fundamentals of Pinnacle's business remain strong. Tracking institutional ownership changes can provide valuable insights for investors considering the stock.