Glenview Capital Management Sells $71 Million of Alight Stake After Stock's 71% Drop

Glenview Capital Management, LLC cut its stake in Alight, Inc. (NYSE:ALIT) by 4,004,556 shares in the third quarter, reducing exposure by an estimated $71.57 million, according to a November 14, 2025, SEC filing.According to a Securities and Exchange Commission (SEC) filing dated November 14, 2025, Glenview Capital Management, LLC sold 4,004,556 shares of Alight during the third quarter. Following the transaction, the fund reported holding 20,377,772 shares worth $66.43 million as of September 30, 2025.The sale reduced Alight to 1.48% of Glenview's 13F reportable assets under management; the position was previously 3.87% of AUM as of the prior quarter.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool