GW&K Investment Management Reduces Stake in Magnolia Oil & Gas

The firm sold over 288,000 shares of the energy company in the third quarter.

Published on Mar. 5, 2026

Got story updates? Submit your updates here. ›

GW&K Investment Management LLC reduced its position in Magnolia Oil & Gas Corp (NYSE:MGY) by 9.4% during the 3rd quarter, according to the company's recent 13F filing with the Securities & Exchange Commission. The firm owned 2,765,094 shares of the company's stock, worth $66 million, after selling 288,218 shares.

Why it matters

Magnolia Oil & Gas is an independent exploration and production company focused on the Eagle Ford Shale in South Texas. GW&K Investment Management's reduced stake in the company could signal a shift in investor sentiment or portfolio strategy.

The details

GW&K Investment Management sold 288,218 shares of Magnolia Oil & Gas during the third quarter, reducing its total position to 2,765,094 shares. The firm now owns about 1.47% of the company's outstanding stock. Magnolia Oil & Gas is an independent oil and gas company that concentrates its efforts on horizontal drilling and multi-stage completions in the Eagle Ford Shale.

  • GW&K Investment Management reduced its stake in Magnolia Oil & Gas during the 3rd quarter of 2026.

The players

GW&K Investment Management LLC

An investment management firm that reduced its position in Magnolia Oil & Gas Corp.

Magnolia Oil & Gas Corp

An independent exploration and production company focused on the Eagle Ford Shale in South Texas.

Got photos? Submit your photos here. ›

The takeaway

This reduction in GW&K Investment Management's stake in Magnolia Oil & Gas could signal a shift in investor sentiment around the energy company, though the overall reasons behind the portfolio change are unclear from the available information.