Robinhood Markets sees institutional investors trim and shift holdings

Clearbridge Investments reduced its stake in Robinhood Markets, Inc. by 8.5% in the fourth quarter, ending the period with 1,859,124 shares (0.21% of the company) valued at about $210 million. Harvest Fund Management also cut its position sharply, selling 84.7% of its holdings and retaining only 2,983 shares worth roughly $337 thousand.

Other institutional investors reported activity in the same filing period: Vision Financial Markets doubled its stake, Cyber Hornet ETFs increased its holding by more than 500%, and firms such as VMS Asset Management, J.W. Cole Advisors, Westfield Capital, Vise Technologies and Daiwa Securities raised their positions, collectively keeping institutional ownership at about 93% of Robinhood’s stock.