American Century Companies Inc. Increases Stake in Brighthouse Financial

Asset manager boosts holding in insurance firm by 10.4% in Q3

Mar. 3, 2026 at 2:31am

American Century Companies Inc., an institutional investor, increased its stake in Brighthouse Financial, Inc. (NASDAQ:BHF) by 10.4% during the third quarter of 2026, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 2,210,276 shares of the insurance company's stock, representing about 3.87% of Brighthouse Financial's outstanding shares.

Why it matters

This transaction highlights the continued institutional interest in Brighthouse Financial, a spin-off from MetLife that has focused on retirement income solutions and annuity products since its establishment in 2017. The increase in American Century's stake suggests the asset manager sees long-term value in Brighthouse's business model and market positioning.

The details

According to the 13F filing, American Century Companies purchased an additional 208,630 shares of Brighthouse Financial during the third quarter, bringing its total position to 2,210,276 shares. This represents about 3.87% of the insurance company's outstanding stock. Brighthouse Financial's share price has fluctuated between $42.07 and $66.33 over the past 52 weeks.

  • The 13F filing detailing American Century's increased stake in Brighthouse Financial was submitted on March 3, 2026.

The players

American Century Companies Inc.

An asset management firm that oversees over $200 billion in client assets, with a focus on mutual funds, exchange-traded funds, and other investment vehicles.

Brighthouse Financial, Inc.

A U.S.-based life insurance company that specializes in retirement income solutions and annuity products, spun off from MetLife in 2017 and headquartered in Charlotte, North Carolina.

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The takeaway

The increase in American Century's position in Brighthouse Financial suggests the asset manager sees long-term potential in the insurance firm's focus on retirement and annuity products, which have grown in importance as the U.S. population ages. This transaction underscores the continued institutional interest in Brighthouse Financial as it navigates the evolving retirement and insurance landscape.