CIBC Private Wealth Group Reduces Stake in Alliant Energy

Energy company's shares sold off by major investment firm in third quarter

Mar. 21, 2026 at 7:57am

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CIBC Private Wealth Group LLC reduced its holdings in Alliant Energy Corporation (NASDAQ:LNT) by 30.7% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The investment firm now owns approximately 144,176 shares of the energy company's stock, valued at $9.72 million.

Why it matters

This sale by a major institutional investor could signal a shift in sentiment around Alliant Energy, which provides regulated electric and natural gas utility services in the Midwest. The stock's performance and valuation will be closely watched by analysts and investors going forward.

The details

CIBC Private Wealth Group sold 63,951 shares of Alliant Energy during the third quarter, reducing its total stake to 144,176 shares. The firm now owns approximately 0.06% of the company's outstanding shares. Alliant Energy's stock price has fluctuated in recent months, trading between $57.09 and $73.41 over the past 52 weeks.

  • CIBC Private Wealth Group filed its 13F report for the third quarter on October 15, 2026.
  • The shares were sold during the three-month period ending September 30, 2026.

The players

CIBC Private Wealth Group LLC

A Canadian investment management firm that provides wealth management services to high-net-worth individuals and institutions.

Alliant Energy Corporation

A publicly traded energy holding company that provides regulated electric and natural gas utility services in the American Midwest.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

The takeaway

This sale by a major institutional investor like CIBC Private Wealth Group could signal broader concerns about Alliant Energy's outlook, though the company's fundamentals and long-term growth prospects remain intact. Investors will be closely monitoring the stock's performance and any further changes in institutional ownership.