American Century Companies Inc. Boosts Lyft Stake

Ride-sharing company's shares purchased by investment firm in Q3

Published on Mar. 8, 2026

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American Century Companies Inc. increased its position in Lyft, Inc. (NASDAQ:LYFT) by 56.8% during the third quarter, according to a recent SEC filing. The investment firm now owns 1,571,726 shares of the ride-sharing company's stock, worth approximately $34.6 million.

Why it matters

This investment by a major institutional investor signals continued confidence in Lyft's long-term prospects, despite the company's recent stock price volatility. As Lyft works to navigate industry challenges and competition, having the backing of large shareholders like American Century Companies could provide stability.

The details

According to the 13F filing, American Century Companies purchased an additional 569,074 shares of Lyft during the third quarter, increasing its total stake to 1,571,726 shares. This represents approximately 0.39% ownership of the ride-sharing company. The investment firm cited Lyft's growth potential and market position as factors behind the increased investment.

  • American Century Companies filed the 13F report disclosing the Lyft share purchases on March 8, 2026.
  • The share purchases were made during the third quarter of 2025.

The players

American Century Companies Inc.

An investment management firm that provides a variety of mutual funds, exchange-traded funds, and other investment products to individual and institutional investors.

Lyft, Inc.

An American ridesharing company that offers peer-to-peer ridesharing, rental cars, and food delivery services.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

This investment by a major institutional investor like American Century Companies suggests continued confidence in Lyft's long-term growth prospects, despite recent stock price volatility. As Lyft navigates industry challenges, having the backing of large shareholders could provide stability and support the company's strategic initiatives.