Amundi 13F: Cuts Chubb (CB) Stake by $20M

Amundi Cuts Its Chubb Holdings

Amundi has trimmed its stake in Chubb Limited (NYSE: CB) by 60,177 shares, reducing its total holdings to 1,603,392 shares. This adjustment reflects a 3.6% decrease in their position, valued at approximately $525.8 million as of May 18, 2026.

Institutional Moves in Chubb Limited

In the same quarter, other institutional investors have been active with Chubb Limited shares. For instance, Connor, Clark & Lunn Investment Management significantly increased its stake in Chubb, while Intech Investment Management boosted its position by 3,945 shares. Tidal Investments also raised its stake by 22.5%, and Royal London Asset Management significantly increased its holdings by 156% in their latest filings. This indicates growing interest from various funds despite Amundi's reduction.

How CB Stock Has Traded

Chubb Limited's stock is currently trading at $327.93, which is lower than its previous close of $340.64. The shares are below their 52-week high of $365.91, suggesting that the stock may be experiencing some downward pressure. This could impact investor sentiment as they assess the company's performance in the current market environment.

Analysts Set New Price Targets

On October 12, 2026, Wells Fargo maintained its rating on Chubb with an Equal-Weight stance and a price target of $343.00, down from a prior target of $356.00. Similarly, Keefe, Bruyette & Woods also maintained an Outperform rating with a target of $387.00, slightly reduced from $389.00. JP Morgan and Mizuho have both kept their Neutral ratings, with price targets of $371.00 and $336.00, respectively. The consensus among analysts remains positive, with a target mean price of $365.91 based on 23 opinions.

What CB Does

Chubb Limited, headquartered in Zurich, Switzerland, provides a wide range of insurance and reinsurance products globally. The company operates in various segments, including commercial and personal property and casualty insurance, as well as life insurance. Amundi's recent move reflects a strategic adjustment in its investment approach toward this major player in the financial services sector.

What’s Next for Chubb?

Chubb Limited is set to report its next earnings on October 27, 2026. As the company continues to navigate market conditions, investors will be looking for updates on its performance and any further changes in institutional holdings. The recent 13F filings offer a snapshot of investor sentiment, but they reflect positions as of the reporting period and may not represent current holdings.