American Century Companies Inc. Reduces Stake in U.S. Bancorp

Investment firm lowers position in major financial services provider

Feb. 28, 2026 at 8:23am

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According to a recent SEC filing, American Century Companies Inc. lowered its position in U.S. Bancorp (NYSE: USB) by 1.4% during the third quarter. The investment firm now owns 10,444,707 shares of the financial services provider's stock, valued at $504,793,000.

Why it matters

U.S. Bancorp is one of the largest banks in the United States, with a significant presence in the Midwest and West Coast regions. Changes in major institutional investors' holdings can signal shifts in market sentiment and influence the stock's performance.

The details

American Century Companies Inc. sold 151,533 shares of U.S. Bancorp stock during the third quarter, reducing its overall stake to 0.67% of the company. The filing indicates the firm still maintains a sizable position in the bank, which is one of the top holdings in its investment portfolio.

  • The filing covers the third quarter of the year, ending on September 30th.

The players

American Century Companies Inc.

A major investment management firm based in Kansas City, Missouri, with over $200 billion in assets under management.

U.S. Bancorp

A national commercial bank and financial services provider headquartered in Minneapolis, Minnesota, with a focus on consumer and business banking, payment services, and wealth management.

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The takeaway

The reduction in American Century's U.S. Bancorp holdings, while relatively small, could signal a shift in investor sentiment towards the bank's stock. However, the firm's continued sizable stake suggests it still sees long-term value in the company's business model and growth prospects.