DAVENPORT & Co LLC Reduces Holdings in Booz Allen Hamilton

Institutional investor lowers stake in business services provider

Mar. 27, 2026 at 8:06am

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DAVENPORT & Co LLC, an institutional investor, lowered its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 30.7% during the fourth quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 57,834 shares of the business services provider's stock, valued at $4.895 million.

Why it matters

Booz Allen Hamilton is a major government contractor and business services provider, so changes in institutional ownership can signal shifts in investor sentiment around the company's performance and outlook.

The details

According to the 13F filing, DAVENPORT & Co LLC sold 25,668 shares of Booz Allen Hamilton stock during the fourth quarter. The firm now holds a total of 57,834 shares, down from 83,502 shares previously. Booz Allen Hamilton provides a range of professional services and solutions in areas like data analytics, software development, and cybersecurity to government agencies and commercial clients.

  • DAVENPORT & Co LLC filed the 13F report disclosing the reduced holdings in Q4 2025.

The players

DAVENPORT & Co LLC

An institutional investor and asset management firm.

Booz Allen Hamilton Holding Corporation

A publicly traded management and technology consulting firm headquartered in McLean, Virginia.

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The takeaway

The reduction in DAVENPORT & Co LLC's stake in Booz Allen Hamilton suggests the firm sees potential headwinds or a less favorable outlook for the government contractor and business services provider. However, the overall institutional ownership in Booz Allen Hamilton remains high at over 90%, indicating the company continues to be viewed as an attractive investment by many large investors.