Glynn Capital Sells Entire Stake in Klaviyo Amid Significant Stock Decline
Glynn Capital Management sold its entire stake of 456,805 shares in Klaviyo during Q1 2026 for an estimated $9.8 million based on average pricing. The move came as the stock price dropped significantly, with a year-over-year decline of over 53%. This sale marked a shift from holding 5.1% to zero percent of the fund's AUM.
Tickers: $KVYO
Topics: 13F filing investment_fund stock_sale