American Century Companies Inc. Cuts Union Pacific Stock Position

Investment firm reduces stake in railroad operator by 13.7% in Q3

Mar. 3, 2026 at 1:39am

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American Century Companies Inc. decreased its position in shares of Union Pacific Corporation (NYSE:UNP) by 13.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,006,823 shares of the railroad operator's stock after selling 160,326 shares during the period.

Why it matters

This filing provides insight into the investment decisions of American Century Companies, a major institutional investor. Changes in large fund positions can signal shifts in market sentiment or outlook for specific companies and sectors.

The details

According to the 13F filing, American Century Companies sold 160,326 shares of Union Pacific in Q3, reducing its total stake to 1,006,823 shares. This represented a 13.7% decrease in the firm's position in the railroad operator. Union Pacific is a major freight rail company serving the western United States.

  • The 13F filing was submitted on March 1, 2026, covering the third quarter of 2025.

The players

American Century Companies Inc.

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

Union Pacific Corporation

A leading freight railroad operator in the western United States.

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The takeaway

This filing suggests American Century Companies may have a more cautious outlook on Union Pacific or the broader railroad industry, reducing its exposure by over 13% in Q3. Investors will watch to see if other major funds make similar moves in the coming quarters.