The complete exit by a significant holder (Ninety One UK) is a strong negative signal. Monitor for any fundamental deterioration or sector-specific headwinds that could explain the coordinated selling. The 45-day reporting lag means these positions may have been adjusted further since quarter-end.
Executive Summary
Three institutional asset managers reduced or exited their positions in Southeast Airport Group (ASR) during Q3 2026, with a net outflow of $23.8M. The most significant move was Ninety One UK's complete exit of a $23.8M position, while two smaller managers trimmed negligible holdings. The cluster signals a bearish institutional sentiment, likely reflecting concerns about the company's fundamentals or sector headwinds.
Key Financial Metrics
Institutional Positions
Net institutional flow: -$23.8M
▼ Sellers (3)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Ninety One Uk | EXIT | -100% | $23.8M | -$23.8M |
| Farther Finance Advisors | TRIM | -37% | $25.0K | -$13.0K |
| Nisa Investment Advisors | TRIM | -56% | $8.0K | -$5.0K |
Key Facts
- 3 institutions reduced or exited ASR positions in Q3 2026, with net selling of $23.8M
- Ninety One UK fully exited a $23.8M position (100% reduction)
- Farther Finance Advisors trimmed 37% of its holding (value change -$13K)
- Nisa Investment Advisors trimmed 56% of its holding (value change -$5K)
- No institutional buyers were identified in the cluster
Financial Impact
Three institutional sellers reduced holdings by a net $23.8M; the largest single exit was $23.8M by Ninety One UK
Risk Factors
- 13F data is 45+ days stale; positions may have been rebuilt since quarter-end
- Only one material seller (Ninety One UK) drives the aggregate; the other two are negligible
- No insider buying or other corroborating signals to confirm the bearish thesis
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-ASR-2026-Q3 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 6-K | $248.37 $252.11 | ▲ +1.51% | ▲ +0.80% | — |
Oct 20, 2026 6d ago | Institutional Cluster | $252.80 $251.00 | ▲ +0.71% | ▼ −0.47% | — |
Oct 8, 2026 18d ago | 6-K | $231.75 $237.43 | ▲ +2.45% | ▲ +2.51% | — |
Oct 7, 2026 19d ago | 6-K | $230.39 $231.75 | ▲ +0.59% | ▼ −0.01% | — |
Sep 28, 2026 28d ago | 6-K | $243.96 $240.96 | ▼ −1.23% | ▼ −1.05% | — |
Aug 20, 2026 9w ago | 6-K | $259.16 $262.58 | ▲ +1.32% | ▲ +0.91% | — |
US Market Status
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