Amundi 13F: Cuts Chubb (CB) Stake by $21M
Amundi has trimmed its position in Chubb Limited, reducing its holdings by over 60,000 shares.
Reviewed by automated data checks against the source filing. How we make and check alerts
Amundi sold 60,177 shares from its stake in Chubb Limited ($CB), a 3.62% decrease, according to a 13F filing with the SEC dated May 18, 2026. It reported 1,603,392 shares worth $546.34 million at the end of the quarter.
Since the filing, $CB is down 1.5% after 1 week, down 0.4% after 1 month and up 9.6% to date (from the $328.31 close on May 18, 2026).
CB
Chubb Limited
Key Points
- Amundi trimmed its stake in Chubb Limited (NYSE: CB) by 60,177 shares, decreasing its total to 1,603,392 shares valued at approximately $546.3 million as of May 18, 2026.
- Chubb Limited's stock is currently trading at $340.74, close to its 52-week high of $365.91, reflecting a strong market position.
- Analysts maintain a consensus buy rating for Chubb, with a mean price target of $365.91, indicating potential growth in the coming months.
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Amundi Reduces Stake in Chubb Limited
Amundi has trimmed its stake in Chubb Limited (NYSE: CB) by 60,177 shares, bringing its total holdings down to 1,603,392 shares. This reduction reflects a 3.6% decrease, with the current value of the position at approximately $546.3 million based on the latest Form 13F filing with the SEC, which covers positions as of May 18, 2026.
Changes in Amundi's Position
Amundi's recent move decreased its share count from 1,663,569 to 1,603,392 shares. This reduction of 60,177 shares shows a strategic adjustment in its investment approach but does not indicate a complete exit from the position.
Institutional Activity Around Chubb
There were no updates from other institutional investors regarding Chubb Limited in the latest filings. However, previous reports indicated that firms like Connor, Clark & Lunn Investment Management and Tidal Investments have recently increased their stakes in Chubb, suggesting a mixed sentiment among institutional investors.
How Chubb Limited Stock Has Traded
Chubb Limited's shares are currently trading at $340.74, just below its 52-week high of $365.91. The stock has shown resilience and stability in the financial services sector, particularly in property and casualty insurance. As of the latest trading day, it closed slightly above its previous close of $340.64, indicating continued investor interest.
Analysts Set New Price Targets
On October 12, 2026, Wells Fargo maintained its Equal-Weight rating for Chubb with a target price of $343. Keefe, Bruyette & Woods also kept an Outperform rating with a target of $387. Other firms, like JP Morgan and Mizuho, maintained Neutral ratings with targets ranging from $336 to $371. Overall, analysts have a consensus buy rating for Chubb, with a mean price target of $365.91, reflecting positive sentiment towards the stock.
What Chubb Limited Does
Chubb Limited, headquartered in Zurich, Switzerland, provides a wide range of insurance and reinsurance products globally. The company operates across various segments, including commercial property and casualty insurance, personal insurance, and global reinsurance, making it a significant player in the financial services sector.
What’s Next for Chubb
Chubb Limited is set to report its next earnings on October 27, 2026. Investors will be watching closely for updates on revenue growth and profitability, particularly in light of recent adjustments by institutional investors. The latest 13F filing reflects positions as of May 18, 2026, and may not represent current holdings.
Related Filing Alerts
Source: Amundi's 13F filing on $CB (May 18, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Amundi 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts