American Century Companies Inc. Cuts Comcast Holdings

Investment firm reduces stake in cable giant by 24.5% in Q3 2025

Published on Mar. 2, 2026

American Century Companies Inc., an institutional investor, reduced its stake in Comcast Corporation (NASDAQ:CMCSA) by 24.5% during the third quarter of 2025, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns approximately 4.1 million shares of the cable company, valued at around $130 million.

Why it matters

Comcast is one of the largest media and telecommunications companies in the United States, providing cable TV, internet, and phone services to millions of customers. Changes in ownership by major institutional investors can signal shifts in market sentiment and future performance expectations for the company.

The details

In its 13F filing, American Century Companies reported selling 1,343,661 shares of Comcast stock during the third quarter. The firm now owns approximately 0.11% of Comcast's outstanding shares. Other institutional investors and hedge funds have also made changes to their Comcast holdings recently, with some increasing and others decreasing their positions.

  • American Century Companies filed its 13F report for Q3 2025 on March 2, 2026.

The players

American Century Companies Inc.

An investment management firm headquartered in Kansas City, Missouri that oversees over $200 billion in assets.

Comcast Corporation

A major American telecommunications conglomerate that provides cable television, internet, phone, and wireless services to residential and business customers.

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The takeaway

This reduction in Comcast holdings by a major institutional investor could signal broader market concerns about the company's future performance and growth prospects, though it's just one data point among many that investors will want to monitor going forward.