American Century Companies Inc. Increases Stake in Kohl's

Institutional investor boosts ownership in department store chain by 7.5% in Q3

Mar. 4, 2026 at 8:10am

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American Century Companies Inc. increased its holdings in Kohl's Corporation (NYSE:KSS) by 7.5% during the third quarter, according to a recent SEC filing. The investment firm now owns over 5 million shares of the department store company, representing about 4.5% of Kohl's outstanding stock.

Why it matters

This filing indicates continued institutional investor interest in Kohl's, which has faced challenges in recent years amid shifting consumer trends and the rise of e-commerce. American Century's increased stake suggests they see potential upside in the retailer's turnaround efforts.

The details

According to the filing, American Century Companies acquired an additional 351,691 shares of Kohl's in the third quarter, bringing its total position to 5,042,333 shares. This makes American Century one of Kohl's largest institutional shareholders, owning about 4.5% of the company's stock.

  • The filing covers Kohl's third quarter, which ended on October 29, 2025.

The players

American Century Companies Inc.

An investment management firm based in Kansas City, Missouri that oversees over $250 billion in assets.

Kohl's Corporation

A major American department store chain headquartered in Menomonee Falls, Wisconsin, operating over 1,100 stores across 49 states.

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The takeaway

American Century's increased stake in Kohl's suggests the investment firm sees value in the retailer's ongoing turnaround efforts, even as Kohl's faces headwinds from e-commerce competition and changing consumer preferences. This filing highlights the continued institutional interest in Kohl's as it works to reposition its business model.