Kessler Investment Group Sells $11.5 Million Robinhood Stake as Stock Hits Record Highs

In a move that screams “the market is a carnival and we’re all just here to watch the clowns,” Kessler Investment Group has sold its Robinhood stake for $11.5 million. This sale, disclosed Thursday in a filing with the U.S. Securities and Exchange Commission, marks the fund’s complete exit from the platform, a platform which-shockingly-has surged in value, despite its occasional side-eye from anyone with a pulse and a critical thinking habit.

What Happened

Kessler Investment Group, located in Indiana (where people still believe stocks are magic), decided to cash out of its Robinhood position during the third quarter. The total value of the 122,349 shares sold? A tidy $11.5 million. This little chunk of change, once a modest 4.7% of Kessler’s assets, is now gone. Perhaps they just couldn’t resist the urge to check out of this rollercoaster ride before someone gets thrown off.

What Else to Know

In the spirit of diversifying (because God forbid anyone actually puts all their eggs in one basket), here are the top holdings of Kessler Investment Group after their grand exit:

NASDAQ:GOOGL: $15.7 million (6.8% of AUM)
NASDAQ:CRWD: $13.5 million (5.8% of AUM)
NYSE:DELL: $12.2 million (5.3% of AUM)
NASDAQ:ROKU: $11.5 million (4.9% of AUM)
NYSE:ANET: $11.4 million (4.9% of AUM)

For those keeping track at home, Robinhood shares have skyrocketed to $152.14, marking a jaw-dropping 497% gain over the past year, obliterating the S&P 500’s meager 17% growth. They’re up so much it’s almost like someone injected their financials with a little bit of that magical “new tech” elixir that promises to make everyone rich-until it doesn’t.

Company Overview

Metric	Value
Market Capitalization	$136 billion
Revenue (TTM)	$3.6 billion
Net Income (TTM)	$1.8 billion
Price (as of market close October 8, 2025)	$152.14

Company Snapshot

Robinhood offers a digital-first platform for trading stocks, ETFs, options, gold, and cryptocurrencies-basically everything you didn’t know you needed, but now can’t live without.
The brokerage operates with a commission-free model, making money from payment for order flow, interest on cash balances, and the sale of its soul (just kidding, or maybe not).
With a massive U.S. retail investor base, Robinhood’s entire operation is designed to make trading as easy as picking up a coffee. And we all know how that ends: overspending on stuff you don’t need.

Robinhood’s “digital-first” approach has revolutionized how people invest. It’s like the iPhone of stock trading-simple, sleek, and full of features you didn’t know you wanted, but now that you’ve got them, it’s hard to turn back.

Foolish Take

It’s hard to ignore the irony here: Kessler Investment Group sold its Robinhood stake for $11.5 million even as Robinhood’s stock continues to hit new highs. It’s like selling your ticket to the concert just as the band finally gets good. But hey, they made their move early-divesting from not one, but THREE tech stocks this quarter. Along with Robinhood, Kessler also unloaded Palantir Technologies and Shopify. Because why not pile on the absurdity? They might be on to something-like taking profits from an overhyped market while keeping their tech exposure “diversified,” which is just a fancy way of saying “I’m not putting all my eggs in a basket that’s on fire.”

Robinhood’s second-quarter earnings should make you nervous about the amount of money people are throwing at this platform: A 45% year-over-year increase in revenue to $989 million, and net income more than doubling to $386 million, or $0.42 per share. Yes, really. Options and crypto trading have driven this madness, while assets on the platform jumped 99% to $279 billion. Robinhood also took a step toward global dominance, acquiring Bitstamp and pushing into 30 European markets.

CEO Vlad Tenev, ever the optimist, recently called tokenization “the biggest innovation in a decade.” Which is fantastic if you like living in a world where the next big thing can crash harder than a college student with a $500 credit limit. But is this meteoric rise sustainable? I’m not betting my 401k on it.

Glossary

13F reportable assets: A delightful list of securities that institutional investment managers must report quarterly to the SEC. This gives us mere mortals a glimpse into their highly secretive world of investing.

AUM (Assets Under Management): The fancy term for the total market value of investments managed by a fund. Translation: money they’re playing with on your behalf.

Quarterly average price: A fancy way of saying “let’s just average out this stock’s price over the last quarter so we can sound like we know what we’re doing.”

Stake: Your ownership interest in a company. It’s basically your financial “participation trophy” in the stock market.

Position: How much of a particular stock or asset you own. Kind of like a “yes, I’m in the game, but I’m not sure if I’m winning yet” situation.

Outperforming: If your stock is doing better than the benchmark. The goal is to look like the smartest kid in the class without being the kid that gets sent to the principal’s office for showing off.

Filing: An official document you submit to a regulatory authority, often full of financial jargon that would make your head spin.

Digital-first: A business strategy that puts all its eggs in the “we’re only online” basket. Because who needs bricks and mortar when you can make money while you’re still in bed?

Platform: A convenient way of saying “this is the tech thing that lets you trade everything from stocks to crypto to literally anything else.” You’re in. Whether you know what you’re doing or not.

TTM: Trailing Twelve Months. Basically, the last 12 months of your financial life-no pressure.

And there you have it. Another market “miracle” unfolding before our eyes. Or is it? Time will tell. But let’s be honest-will any of this really end well? 🍿

2025-10-10 17:22