American Century Companies Inc. Reduces Stake in Korn/Ferry International

Investment firm cuts position in global organizational consulting firm by nearly 42%

Published on Mar. 4, 2026

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American Century Companies Inc., an institutional investor, decreased its stake in Korn/Ferry International (NYSE:KFY) by 41.9% during the third quarter, according to a recent SEC filing. The investment firm now owns 1,085,946 shares of the business services provider's stock, down from 1,868,280 shares previously.

Why it matters

This reduction in ownership stake by a major institutional investor could signal a shift in sentiment or outlook for Korn/Ferry International, which provides executive search, talent acquisition, and leadership development services to organizations globally.

The details

According to the filing, American Century Companies sold 782,334 shares of Korn/Ferry International during the third quarter, reducing its total position to 1,085,946 shares worth approximately $76 million. The investment firm previously owned about 2.07% of Korn/Ferry's outstanding shares.

  • The stake reduction occurred during the third quarter of the company's fiscal year.

The players

American Century Companies Inc.

A global investment management firm that provides a range of investment strategies and products.

Korn/Ferry International

A global organizational consulting firm that partners with clients on executive search, talent acquisition, leadership development, and succession planning.

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The takeaway

The reduction in American Century's stake in Korn/Ferry International could signal a shift in investor sentiment towards the consulting firm, though the reasons behind the sell-off are not entirely clear from the limited information provided. Investors will likely watch for any further changes in major institutional ownership of Korn/Ferry's stock going forward.