Fisher Asset Management Reduces Stake in Century Aluminum

Institutional investor cuts holdings in industrial products company by 9.1% in Q3

Published on Mar. 4, 2026

Fisher Asset Management LLC reduced its stake in Century Aluminum Company (NASDAQ:CENX) by 9.1% in the third quarter, according to a recent SEC filing. The firm now owns 966,575 shares of the industrial products company, representing a 1.04% ownership stake valued at $28.4 million as of the end of the quarter.

Why it matters

The reduction in Fisher Asset Management's position in Century Aluminum reflects broader shifts in institutional investor sentiment around the industrial metals producer. As a major shareholder, changes in Fisher's holdings can signal broader market trends and investor confidence in the company's outlook.

The details

According to the filing, Fisher Asset Management sold 97,010 shares of Century Aluminum during the third quarter. The firm now owns a 1.04% stake in the company, down from 1.14% at the end of the prior quarter. Century Aluminum is an aluminum producer with smelting facilities in Kentucky, South Carolina, and Iceland.

  • Fisher Asset Management filed the 13F report disclosing the stake reduction on March 4, 2026.
  • The stake reduction occurred during the third quarter of 2025.

The players

Fisher Asset Management LLC

A global investment management firm that oversees over $200 billion in assets.

Century Aluminum Company

A primary aluminum producer with smelting facilities in the United States and Iceland.

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The takeaway

The reduction in Fisher Asset Management's position in Century Aluminum reflects broader shifts in institutional investor sentiment around the industrial metals producer. As a major shareholder, changes in Fisher's holdings can signal broader market trends and investor confidence in the company's outlook.