Allspring Global Investments Reduces NewMarket Stake

Institutional investor trims holdings in specialty chemicals company

Apr. 9, 2026 at 7:23am

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Allspring Global Investments Holdings LLC lowered its stake in NewMarket Corporation (NYSE:NEU) by 97.2% in the fourth quarter, according to a recent SEC filing. The institutional investor now owns 2,350 shares of the specialty chemicals company's stock, down from 81,673 shares previously.

Why it matters

This filing provides insight into the investment strategy and portfolio changes of Allspring Global Investments, a major institutional investor. Tracking such institutional activity can offer clues about the market's sentiment towards specific companies and sectors.

The details

According to the 13F filing, Allspring Global Investments reduced its NewMarket holdings to just 2,350 shares, worth approximately $1.62 million, down from 81,673 shares held in the previous quarter. NewMarket is a specialty chemicals company that develops, manufactures, and sells performance additives for fuels, lubricants, and industrial fluids.

  • Allspring Global Investments filed the 13F report for the fourth quarter of 2025.

The players

Allspring Global Investments Holdings LLC

An institutional investment management firm that oversees a portfolio of assets for clients.

NewMarket Corporation

A specialty chemicals company that develops, manufactures, and sells performance additives for fuels, lubricants, and industrial fluids.

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The takeaway

This filing highlights the shifting investment strategies of major institutional players like Allspring Global Investments. Tracking such changes in institutional holdings can provide valuable insights into market sentiment and the outlook for specific companies and sectors.