American Century Companies Reduces Stake in CVB Financial

Asset manager sells over 960,000 shares of the financial services provider

Mar. 8, 2026 at 8:05am

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American Century Companies Inc. has reduced its holdings in CVB Financial Corporation (NASDAQ:CVBF) by 36.6% during the third quarter, according to a recent SEC filing. The fund now owns 1,662,003 shares of the financial services provider's stock, down from 2,622,616 shares previously.

Why it matters

This reduction in stake by a major institutional investor could signal a shift in sentiment around CVB Financial's prospects. As a sizable shareholder, American Century's trading activity can influence the stock price and market perception of the company.

The details

According to the filing, American Century sold 960,613 shares of CVB Financial during the third quarter. The fund now owns approximately 1.21% of the company's outstanding shares, down from 1.91% previously. CVB Financial is a California-based commercial bank with a focus on commercial lending, real estate financing, and SBA loan programs.

  • The share sale occurred during the third quarter of the year.

The players

American Century Companies Inc.

An asset management firm that owns and manages investments in various sectors, including financial services.

CVB Financial Corporation

A California-based commercial bank that provides a range of banking and financial services to businesses and individuals.

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The takeaway

This reduction in stake by a major institutional investor like American Century Companies could signal a shift in market sentiment around CVB Financial. Investors will be watching to see if other large shareholders follow suit or if CVB Financial can attract new institutional investors to offset the selling pressure.