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Algert Global Boosts Stake in Zions Bancorporation
Investment firm increases holdings in Utah-based regional bank by 22.9% in Q3
Mar. 17, 2026 at 7:09am
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Algert Global LLC, an investment management firm, increased its stake in Zions Bancorporation, N.A. (NASDAQ:ZION) by 22.9% during the third quarter of 2026, according to a recent SEC filing. Algert Global now owns 142,599 shares of the regional bank's stock, worth approximately $8.07 million.
Why it matters
Zions Bancorporation is a prominent regional bank based in Salt Lake City, Utah, with a focus on commercial banking, retail banking, and wealth management services. The increase in Algert Global's stake suggests the investment firm sees value in Zions' business and growth prospects, which could signal positive sentiment around the bank's performance and future outlook.
The details
According to the 13F filing, Algert Global purchased an additional 26,526 shares of Zions Bancorporation during the third quarter, bringing its total position to 142,599 shares. This represents approximately 0.10% of the bank's outstanding shares. Algert Global is an investment management firm based in the San Francisco Bay Area that focuses on quantitative investment strategies.
- Algert Global increased its stake in Zions Bancorporation during the third quarter of 2026.
The players
Algert Global LLC
An investment management firm based in the San Francisco Bay Area that focuses on quantitative investment strategies.
Zions Bancorporation, N.A.
A bank holding company headquartered in Salt Lake City, Utah, offering a full suite of banking and financial services to individuals, businesses, and institutions.
The takeaway
The increase in Algert Global's stake in Zions Bancorporation suggests the investment firm sees value in the regional bank's business and growth potential, which could be a positive signal for Zions' future performance.
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