Value investor Alex Roepers' firm, Atlantic Investment Management, reduced its position in shipping company Kirby Corp. by 27.35% during the second quarter of 2026. According to its quarterly 13F filing, the firm sold over 70,000 shares, bringing its holding down to 186,700. This disclosure, filed on August 14, 2026, reflects trading activity that occurred between April 1 and June 30 and does not represent a current transaction.
The reduction came during a period when Kirby Corp. reported strong quarterly results and raised its full-year earnings guidance. [2] Despite the significant sale, Kirby Corp. remains a top three holding for Atlantic Investment Management, accounting for over 13% of its reported portfolio value as of the filing date. [1] No public comments from the investor regarding the motive for the trade were found.