American Century Companies Reduces Stake in Quanta Services

Investment firm cuts holdings in construction company by 2.4% in Q3

Published on Mar. 5, 2026

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American Century Companies Inc. reduced its position in Quanta Services, Inc. (NYSE:PWR) by 2.4% in the 3rd quarter, according to a recent SEC filing. The firm owned 165,588 shares of the construction company's stock worth $68,623,000 at the end of the reporting period.

Why it matters

Quanta Services is a major player in the construction and infrastructure sectors, providing services for electric power, pipeline, and communications networks. Changes in ownership by large institutional investors like American Century can signal shifts in market sentiment and outlook for the company.

The details

American Century sold 4,093 shares of Quanta Services during the quarter, reducing its total holdings to 165,588 shares. The firm now owns 0.11% of Quanta's outstanding stock. Other large investors have also made changes to their Quanta positions, with some increasing and others decreasing their stakes.

  • The filing covers the 3rd quarter of the year.

The players

American Century Companies Inc.

An investment management firm that owns stakes in various public companies.

Quanta Services, Inc.

A construction and infrastructure services company that works on electric power, pipeline, and communications projects.

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The takeaway

The reduction in American Century's Quanta Services holdings, while relatively small, could signal a shift in market sentiment around the construction company. Investors will be watching to see if other major institutional investors make similar moves in the coming quarters.