American Century Companies Reduces Stake in Sanmina

Institutional investor cuts holdings in electronics manufacturer by nearly 25%

Published on Mar. 7, 2026

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American Century Companies Inc. has reduced its stake in Sanmina Corporation (NASDAQ:SANM) by 24.8% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The institutional investor now owns 319,700 shares of the electronics maker's stock, down from 425,996 shares previously.

Why it matters

Sanmina is a major player in the electronics manufacturing services industry, providing design, production, and supply chain solutions for a wide range of industries. Changes in ownership by large institutional investors can signal shifts in market sentiment and future performance expectations for the company.

The details

According to the 13F filing, American Century Companies sold 105,296 shares of Sanmina stock during the third quarter. The firm now owns 0.60% of Sanmina, valued at $36.8 million. Other institutional investors have also made changes to their Sanmina holdings, with some increasing and others decreasing their positions.

  • The 13F filing covers the third quarter of the year.
  • American Century Companies reduced its Sanmina stake during this period.

The players

American Century Companies Inc.

An institutional investment management firm that has reduced its stake in electronics manufacturer Sanmina Corporation.

Sanmina Corporation

A leading global electronics manufacturing services (EMS) provider specializing in the design, production and supply chain solutions for complex electronic products.

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The takeaway

The reduction in American Century's Sanmina holdings could signal a shift in market sentiment around the electronics manufacturer, though the reasons behind the move are not entirely clear. Investors will likely continue to monitor Sanmina's performance and ownership changes by major institutional players.