American Century Companies Trims Wingstop Stake

Institutional investor reduces position in restaurant chain by 8.3%

Published on Feb. 28, 2026

Got story updates? Submit your updates here. ›

American Century Companies Inc. reduced its stake in Wingstop Inc. (NASDAQ:WING) by 8.3% in the third quarter, according to a recent SEC filing. The institutional investor now owns 1,428,853 shares of the restaurant operator's stock, valued at $359,614,000.

Why it matters

Wingstop is a fast-growing restaurant chain known for its bold, chef-inspired wing flavors. As a major institutional investor, American Century's moves can provide insights into market sentiment around the company.

The details

According to the filing, American Century sold 128,530 shares of Wingstop stock during the third quarter. The firm now owns a 5.14% stake in the company. Wingstop's stock price has fluctuated in recent months, trading between $204 and $388 over the past year.

  • American Century filed the 13F report in the third quarter of 2026.

The players

American Century Companies Inc.

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

Wingstop Inc.

A fast-casual restaurant chain specializing in chicken wings and related menu items, founded in 1994 in Garland, Texas.

Got photos? Submit your photos here. ›

The takeaway

American Century's reduced stake in Wingstop suggests the institutional investor may be taking a more cautious view on the restaurant chain's near-term prospects, even as the company continues to expand its footprint nationwide.