Brevan Howard Reduces Stake in Zions Bancorporation

Hedge fund cuts holdings in Utah-based bank by 18.4% in Q3

Mar. 16, 2026 at 8:53am

Got story updates? Submit your updates here. ›

Brevan Howard Capital Management LP decreased its holdings in Zions Bancorporation, N.A. (NASDAQ:ZION) by 18.4% during the 3rd quarter, according to a recent SEC filing. The hedge fund now owns approximately 85,492 shares of the bank's stock, worth $4.84 million.

Why it matters

Zions Bancorporation is a major regional bank based in Salt Lake City, Utah, with a significant presence across the western United States. Changes in ownership by large institutional investors like Brevan Howard can signal shifts in market sentiment around the bank's performance and future prospects.

The details

According to the filing, Brevan Howard sold 19,303 shares of Zions Bancorporation during the third quarter, reducing its total stake to 85,492 shares. The hedge fund now owns approximately 0.06% of the bank's outstanding shares. Several other major institutional investors, including Royal Bank of Canada and UBS Asset Management, also hold significant positions in Zions Bancorporation.

  • Brevan Howard reduced its Zions Bancorporation holdings during the 3rd quarter of 2026.

The players

Brevan Howard Capital Management LP

A major global hedge fund based in the United Kingdom.

Zions Bancorporation, N.A.

A regional bank headquartered in Salt Lake City, Utah, with a focus on commercial and retail banking services across the western United States.

Got photos? Submit your photos here. ›

The takeaway

The reduction in Brevan Howard's stake in Zions Bancorporation suggests the hedge fund may have a less bullish outlook on the regional bank's near-term performance or growth prospects compared to its previous position. However, Zions Bancorporation remains an important holding for many major institutional investors.