Meritage Homes Stock Sold by American Century Companies

Construction company's shares decline as major investor reduces stake

Published on Mar. 5, 2026

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American Century Companies Inc. lowered its holdings in Meritage Homes Corporation (NYSE:MTH) by 13.7% during the third quarter, according to the company's SEC filing. The fund owned 867,342 shares of the construction company's stock after selling 138,221 shares during the quarter.

Why it matters

Meritage Homes is a major national homebuilder, so changes in institutional ownership can impact the stock price and market sentiment around the company. The reduction in American Century's stake suggests potential concerns about the housing market or Meritage's performance.

The details

American Century Companies sold 138,221 shares of Meritage Homes in the third quarter, reducing its total stake to 867,342 shares or about 1.23% of the company. Several other institutional investors also adjusted their Meritage Homes positions during the quarter, with some adding to their holdings and others reducing exposure.

  • American Century Companies filed its third quarter 13F report disclosing the Meritage Homes share sale.

The players

American Century Companies Inc.

A major investment management firm that previously owned a significant stake in Meritage Homes.

Meritage Homes Corporation

A national homebuilder and residential developer headquartered in Scottsdale, Arizona.

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The takeaway

The reduction in American Century's Meritage Homes position could signal broader concerns about the housing market, though the company remains majority owned by institutional investors. Meritage will need to demonstrate strong financial performance to maintain investor confidence.