American Century Companies Inc. Boosts CVS Health Stake

Investment firm increases position in pharmacy operator by 13.3% in third quarter

Published on Mar. 8, 2026

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American Century Companies Inc. increased its holdings in CVS Health Corporation (NYSE:CVS) by 13.3% during the third quarter, according to a recent SEC filing. The investment firm now owns 458,978 shares of the pharmacy operator's stock, valued at $34.6 million as of the end of the quarter.

Why it matters

This transaction reflects American Century's continued confidence in CVS Health's business model and growth prospects. As a major institutional investor, American Century's increased stake signals that it sees further upside potential in CVS Health's stock.

The details

American Century Companies Inc. purchased an additional 53,932 shares of CVS Health during the third quarter, bringing its total position to 458,978 shares. This represents a 13.3% increase in the firm's holdings of the pharmacy operator's stock compared to the prior quarter.

  • The transaction occurred during the third quarter of 2026.

The players

American Century Companies Inc.

An investment management firm that oversees over $200 billion in assets for individual and institutional clients.

CVS Health Corporation

A diversified healthcare company that operates a large network of retail pharmacies, pharmacy benefit management services, and health care solutions.

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The takeaway

American Century's increased stake in CVS Health suggests the investment firm sees continued growth potential in the pharmacy operator's business model and market position. This transaction underscores the confidence institutional investors have in CVS Health's long-term prospects.