American Century Companies Trims Marvell Technology Holdings

Institutional investor reduces stake in semiconductor firm by over a quarter

Mar. 11, 2026 at 7:09am

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American Century Companies Inc. has reduced its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 26.4% in the 3rd quarter, according to a disclosure filed with the Securities and Exchange Commission. The firm now owns 192,766 shares of the semiconductor company's stock, down from 261,896 shares previously.

Why it matters

Marvell Technology is a major semiconductor company that designs chips for data infrastructure, networking, storage and connectivity markets. Changes in institutional ownership can provide insights into market sentiment and future performance of the stock.

The details

American Century Companies sold 69,130 shares of Marvell Technology during the quarter, reducing its total stake to 192,766 shares worth $16.2 million. The firm cited portfolio rebalancing as the reason for the trimmed position. Marvell Technology's stock has seen volatility in recent months amid broader semiconductor industry trends.

  • American Century Companies filed the 13F disclosure for the 3rd quarter of 2026.

The players

American Century Companies Inc.

A global investment management firm that oversees over $300 billion in assets.

Marvell Technology, Inc.

A semiconductor company that designs chips for data infrastructure, networking, storage and connectivity markets.

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The takeaway

This filing highlights the shifting investment strategies of major institutional investors in the semiconductor industry, which can impact the performance and outlook of leading technology companies like Marvell Technology.