CIBC Private Wealth Group Trims Stake in Kinsale Capital Group

Institutional investor reduces holdings in financial services firm by 94%

Mar. 22, 2026 at 7:40am

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CIBC Private Wealth Group LLC has reduced its stake in Kinsale Capital Group, Inc. (NYSE:KNSL) by 94% in the third quarter, according to a recent SEC filing. The firm now owns 6,714 shares of the financial services provider's stock, down from 105,014 shares previously.

Why it matters

Kinsale Capital Group is a specialty property and casualty insurance company that has seen its stock price fluctuate in recent months. The reduction in CIBC Private Wealth Group's holdings could signal a shift in investor sentiment around the company.

The details

According to the SEC filing, CIBC Private Wealth Group sold 105,014 shares of Kinsale Capital Group during the third quarter, leaving the firm with just 6,714 shares. This represents a 94% reduction in the institutional investor's stake in the company. Kinsale Capital Group's stock price has seen volatility in recent months, with shares trading between $322.96 and $512.76 over the past 52 weeks.

  • CIBC Private Wealth Group reduced its Kinsale Capital Group holdings in the 3rd quarter of 2026.

The players

CIBC Private Wealth Group LLC

An institutional investor and asset management firm.

Kinsale Capital Group, Inc.

A specialty property and casualty insurance company headquartered in Richmond, Virginia.

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The takeaway

The reduction in CIBC Private Wealth Group's stake in Kinsale Capital Group could signal broader uncertainty around the insurance company's performance and future prospects, though the reasons behind the institutional investor's decision are not entirely clear.