American Century Companies Trims T. Rowe Price Group Stake

Asset manager reduces position in investment firm by over 20% in Q3

Mar. 3, 2026 at 1:39am

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American Century Companies Inc. trimmed its holdings in shares of T. Rowe Price Group, Inc. (NASDAQ:TROW) by 21.5% during the 3rd quarter, according to a recent SEC filing. The institutional investor owned 2,055,963 shares of the asset manager's stock after selling 562,958 shares.

Why it matters

This move by a major institutional investor like American Century Companies could signal a shift in sentiment around T. Rowe Price Group, which has seen its stock price fluctuate in recent quarters amid broader market volatility.

The details

According to the filing, American Century Companies sold 562,958 shares of T. Rowe Price Group during the third quarter, reducing its overall stake in the asset manager to 0.94% of the company's outstanding shares. The institutional investor cited unspecified portfolio rebalancing as the reason for the reduction in its T. Rowe Price Group holdings.

  • American Century Companies filed the 13F report disclosing the stake reduction on March 1, 2026.
  • The share sale occurred during the third quarter of 2025.

The players

American Century Companies Inc.

An investment management firm headquartered in Kansas City, Missouri that oversees over $250 billion in assets.

T. Rowe Price Group, Inc.

A global investment management firm headquartered in Baltimore, Maryland that manages over $1.3 trillion in assets.

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The takeaway

This filing highlights the shifting investment landscape, with major institutional players like American Century Companies reevaluating their positions in asset managers like T. Rowe Price Group. It underscores the need for investors to closely monitor portfolio changes by large funds as an indicator of broader market trends.