American Century Companies Trims Stake in Boyd Gaming

Institutional investor reduces position in casino operator by 18.1%

Published on Mar. 4, 2026

Got story updates? Submit your updates here. ›

American Century Companies Inc. has reduced its stake in Boyd Gaming Corporation (NYSE:BYD) by 18.1% in the third quarter, according to a recent SEC filing. The institutional investor now owns 993,203 shares of the casino company's stock, down from 1,213,024 shares previously.

Why it matters

This transaction provides insight into the investment strategies of major institutional investors like American Century Companies. Changes in large stakeholder positions can signal broader market trends or shifts in sentiment around a particular company or industry.

The details

According to the filing, American Century Companies sold 219,821 shares of Boyd Gaming in the third quarter. The firm now owns approximately 1.27% of the casino operator's outstanding shares, down from 1.55% previously. Boyd Gaming operates 28 gaming and entertainment properties across 10 states.

  • The transaction occurred in the third quarter of 2026.

The players

American Century Companies Inc.

A major institutional investment management firm based in Kansas City, Missouri.

Boyd Gaming Corporation

A diversified hospitality and gaming company headquartered in Las Vegas, Nevada that develops, owns and operates a portfolio of branded gaming and entertainment properties.

Got photos? Submit your photos here. ›

The takeaway

This move by American Century Companies suggests a potential shift in sentiment around the casino gaming industry, though the firm still maintains a sizable stake in Boyd Gaming. Investors will likely monitor any further changes in large institutional positions as an indicator of broader market trends.