American Century Companies Inc. Reduces Stake in Nucor Corporation

The institutional investor sold over 200,000 shares of the basic materials company in the third quarter.

Published on Mar. 8, 2026

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American Century Companies Inc. decreased its holdings in Nucor Corporation (NYSE:NUE) by 43.4% during the third quarter, according to the company's recent Form 13F filing with the Securities and Exchange Commission. The institutional investor now owns 262,895 shares of the basic materials company's stock, valued at $35.6 million.

Why it matters

This filing provides insight into the investment strategies and portfolio changes of American Century Companies Inc., a major institutional investor. Nucor is a leading steel producer in the United States, so changes in ownership of its stock can signal broader trends in the industry.

The details

According to the 13F filing, American Century Companies sold 201,433 shares of Nucor stock during the third quarter, reducing its total position to 262,895 shares. The institutional investor now owns 0.11% of Nucor's outstanding shares. The filing does not provide specific reasons for the portfolio adjustment, but it could be related to broader market conditions, the investor's outlook on the steel industry, or rebalancing of the fund's holdings.

  • The 13F filing covers the third quarter of the year, from July 1 to September 30, 2026.

The players

American Century Companies Inc.

An American investment management firm that oversees over $200 billion in assets.

Nucor Corporation

A leading American steel producer headquartered in Charlotte, North Carolina.

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The takeaway

This filing highlights the ongoing shifts in institutional ownership of Nucor stock, which can provide insights into the investment community's views on the steel industry and its future prospects.