Filing Details
CONGRESS ASSET MANAGEMENT CO, a registered investment adviser, reduced its position in ACI Worldwide, Inc. (NASDAQ:ACIW) during Q2 2026, according to its most recent 13F filing with the Securities and Exchange Commission.
The firm sold 241,502 shares of the Technology company, reducing its total holdings to 1,592,306 shares valued at approximately $80.1M as of the filing date. This represents a 13.2% decrease in the position.
Market Context
ACI Worldwide, Inc.'s stock currently trades at $54.99 with a market capitalization of $4.1B.
Institutional selling doesn't always signal a bearish outlook. Large funds regularly trim positions for portfolio rebalancing, client redemptions, or to lock in gains. That said, when a major holder like CONGRESS ASSET MANAGEMENT CO reduces exposure to ACI Worldwide, Inc., it's worth monitoring whether other institutions are making similar moves.
The technology sector has seen significant institutional rotation in recent quarters as investors weigh AI-driven growth against elevated valuations. ACI Worldwide, Inc.'s position within the sector makes institutional activity particularly noteworthy.
Investors should note that 13F filings reflect holdings as of the end of the reporting quarter and are filed up to 45 days later. The position may have changed since the filing date. 13F data is most useful when analyzed alongside other signals such as insider transactions, analyst ratings, and fundamental trends.
Related Tools: Insider Trades Tracker | View ACIW Stock Page
Frequently Asked Questions
What is a 13F filing?
A 13F filing is a quarterly SEC report required for institutional managers with over $100 million in assets. It discloses equity holdings, providing transparency into how firms like CONGRESS ASSET MANAGEMENT CO position their portfolios.
How can I track institutional ownership of ACIW?
View all institutional holders on our ACIW institutional ownership page.