Glenview Capital Management, LLC sold 4,004,556 shares of Alight, reducing position value by $71.57 million. Post-sale, they hold 20,377,772 shares worth $66.43 million. Alight now represents 1.48% of fund AUM, falling outside the top five holdings.

As of December 5, 2025, Alight shares were priced at $2.08, down 70.8% over the past year, underperforming the S&P 500 by 84.7 percentage points. Alight offers integrated digital solutions for benefits administration, healthcare, financial health, payroll, and professional services, targeting large enterprises globally.

Glenview Capital Management reduced its stake in Alight stock by 4,004,556 shares, decreasing exposure by $71.57 million. Alight’s revenue has declined by 26% over the last three years, and the company is undergoing a CEO transition in January 2026. Average investors should exercise caution with Alight stock.

Glenview Capital Management, a hedge fund with $4.5 billion AUM, focuses on healthcare, technology, and consumer sectors. Alight stock has plummeted 71% in the last year amid concerns about AI market share dominance. Alight competes by offering digital solutions for streamlined benefits, payroll, and employee wellbeing.

Read more at Yahoo Finance.: Glenview Capital Management Sells $71 Million of Alight Stake After Stock’s 71% Drop