Envestnet Portfolio Solutions Inc. has reduced its stake in The Kroger Co. by 68.7% in the second quarter. The firm sold 51,077 shares during this period, leaving it with 23,297 shares of the retailer’s stock, according to a filing with the Securities and Exchange Commission.
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The Kroger Co. $KR Shares Sold by Envestnet Portfolio Solutions Inc.
Photo by Markets Daily
Key Takeaways:
- Envestnet reduced its Kroger holdings by 68.7%.
- Over 50,000 shares were sold during the second quarter.
- Envestnet now holds 23,297 shares of The Kroger Co.
- The investment shift was disclosed in a recent SEC filing.
- The news was reported by Markets Daily on 2025-10-18.
A Sharp Reduction in Holdings
Envestnet Portfolio Solutions Inc. has significantly trimmed its position in The Kroger Co., cutting its holdings by 68.7%. According to the latest filing with the Securities and Exchange Commission, the firm sold 51,077 shares of the grocer’s stock during the second quarter.
SEC Filing Details
The change was made public through an SEC filing submitted by Envestnet Portfolio Solutions Inc. This official disclosure underscores the firm’s decision to adjust its stake in Kroger, shifting to a new total of 23,297 shares.
Implications for Envestnet’s Portfolio
Although the reasons behind the move were not disclosed, the resulting portfolio composition for Envestnet now includes a smaller stake in Kroger. Below is a simple overview of the changes in share ownership:
| Shares Sold (Q2) | Shares Remaining |
|---|---|
| 51,077 | 23,297 |
This significant transaction highlights how large institutional investors regularly reassess their positions in response to evolving market conditions and strategic goals. By drastically reducing its Kroger holdings, Envestnet realigns part of its portfolio while maintaining a foothold in the supermarket chain.
