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Allianz Asset Management GmbH Sells 30,030 Shares of SS&C Technologies Holdings, Inc. $SSNC
Allianz Asset Management GmbH significantly reduced its stake in SS&C Technologies, selling 30,030 shares, decreasing its holdings by 76.7% in Q3. Despite this, institutional investors collectively own a substantial 96.9% of the company’s stock, with other major funds like Norges Bank and Swedbank increasing their positions. SS&C Technologies reported strong Q3 earnings, beating analyst estimates, and provided positive FY2026 guidance, maintaining a “Moderate Buy” analyst consensus.