American Century Companies Inc. Boosts Holdings in Qualcomm

Institutional investor increases stake in wireless technology firm

Mar. 3, 2026 at 1:39am

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American Century Companies Inc. raised its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 69.8% during the third quarter, according to the company's recent Form 13F filing with the Securities & Exchange Commission. The fund now owns 1,382,631 shares of the wireless technology company's stock, worth approximately $230 million.

Why it matters

Qualcomm is a major player in the wireless technology industry, providing critical components and intellectual property for mobile devices and infrastructure. American Century's increased investment signals confidence in the company's long-term prospects, despite some recent analyst downgrades.

The details

American Century Companies Inc. acquired an additional 568,346 shares of Qualcomm during the third quarter, bringing its total stake to 1,382,631 shares. This represents approximately 0.13% of Qualcomm's outstanding shares. The investment firm cited Qualcomm's leading position in 5G technology and growing opportunities in adjacent markets like automotive and IoT as reasons for the increased investment.

  • The 13F filing reporting the increased stake was submitted on March 1, 2026.
  • The additional 568,346 shares were acquired during the third quarter of 2025.

The players

American Century Companies Inc.

A global investment management firm headquartered in Kansas City, Missouri, with over $300 billion in assets under management.

Qualcomm Incorporated

A multinational semiconductor and telecommunications equipment company that designs and markets wireless telecommunications products and services.

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The takeaway

American Century's increased stake in Qualcomm reflects the firm's confidence in the company's ability to capitalize on the ongoing 5G rollout and expansion into new markets. This investment highlights the continued appeal of Qualcomm's technology and intellectual property in the rapidly evolving wireless industry.