Victory Capital Management Trims Stake in Select Water Solutions

Institutional investor reduces holdings by 6.1% in the third quarter

Published on Mar. 8, 2026

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Victory Capital Management Inc. trimmed its holdings in Select Water Solutions, Inc. (NYSE:WTTR) by 6.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,646,499 shares of the company's stock after selling 236,606 shares during the period.

Why it matters

This filing provides insight into the investment decisions of a major institutional investor and could signal a shift in sentiment around Select Water Solutions, a water management services provider primarily serving the oil and gas industry.

The details

Victory Capital Management Inc. sold 236,606 shares of Select Water Solutions during the 3rd quarter, reducing its stake in the company to 3,646,499 shares, or about 3.01% of the company's outstanding stock. The institutional investor cited in its 13F filing that the value of its Select Water Solutions holdings was $38,981,000 as of the end of the quarter.

  • Victory Capital Management Inc. filed its 13F for the 3rd quarter of 2026.

The players

Victory Capital Management Inc.

An institutional investment management firm that has been a major shareholder of Select Water Solutions.

Select Water Solutions, Inc.

A water management services provider primarily serving the oil and gas industry, headquartered in Houston, Texas.

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The takeaway

This filing suggests Victory Capital Management may be reducing its exposure to Select Water Solutions, potentially signaling a shift in investor sentiment around the company. However, the filing alone does not provide a full picture, and further analysis of the company's performance and outlook would be needed to determine the broader implications.