American Century Companies Inc. Increases Stake in Lamb Weston

Investment firm boosts holdings in frozen potato product supplier by over 67%

Published on Mar. 11, 2026

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American Century Companies Inc. increased its stake in Lamb Weston (NYSE:LW) by 67.3% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The investment firm now owns 265,911 shares of the specialty retailer's stock, valued at $15.4 million.

Why it matters

Lamb Weston is a leading global processor and supplier of frozen potato products, serving major quick-service restaurants, full-service operators, grocery chains, and food distributors. The increase in American Century's stake suggests the firm sees growth potential in Lamb Weston's business.

The details

According to the 13F filing, American Century Companies purchased an additional 106,944 shares of Lamb Weston during the third quarter, bringing its total holdings to 265,911 shares. This represents a 67.3% increase in the firm's position. Lamb Weston's stock has seen volatility in recent months, with the share price dropping from a 52-week high of $67.07 to around $44.49 as of Wednesday's market close.

  • American Century Companies filed its 13F report for the third quarter on March 11, 2026.

The players

American Century Companies Inc.

An investment management firm that oversees over $250 billion in assets.

Lamb Weston

A leading global processor and supplier of frozen potato products, serving major foodservice and retail customers.

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The takeaway

The increase in American Century's stake in Lamb Weston suggests the investment firm sees long-term growth potential in the frozen potato products supplier, despite recent stock price volatility. This could signal positive sentiment about Lamb Weston's market position and future performance.