American Century Companies Portfolio holdings
American Century Companies, Inc., founded in 1958 by James E. Stowers Jr. as Twentieth Century Mutual Funds and headquartered in Kansas City, Missouri, is a privately held investment management firm renowned for its focus on delivering investment results to clients while supporting medical research. Starting with just $100,000 from 24 shareholders, it rebranded to American Century Investments in 1997 and now manages hundreds of billions in assets across mutual funds, ETFs, and institutional portfolios, emphasizing no-load funds and a client-centric approach. The firm’s unique ownership structure sees over 40% of its profits funneled to the Stowers Institute for Medical Research, which it majority-owns, funding groundbreaking biomedical research, while Nomura Holdings holds a significant minority stake. With a global presence in cities like New York, London, and Hong Kong, and a workforce of around 1,400, American Century blends financial expertise with a mission to improve lives through both wealth creation and scientific advancement.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 1000 Value ETF
IWD
|
+$367M |
| 2 |
AT&T
T
|
+$272M |
| 3 |
Pfizer
PFE
|
+$257M |
| 4 |
Bank of America
BAC
|
+$168M |
| 5 |
ServiceNow
NOW
|
+$136M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PG&E
PCG
|
+$296M |
| 2 |
CELG
Celgene Corp
CELG
|
+$274M |
| 3 |
Newell Brands
NWL
|
+$242M |
| 4 |
CVS Health
CVS
|
+$230M |
| 5 |
TWX
Time Warner Inc
TWX
|
+$214M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.03% |
| 2 | Healthcare | 13.43% |
| 3 | Technology | 13.04% |
| 4 | Industrials | 11.19% |
| 5 | Consumer Discretionary | 10.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Cummins
CMI
$87.4B
| $423M | 0.42% |
2,395,078
-238,687
| -9% | -$40.8M |
|
52
Intel
INTC
$492B
| $419M | 0.42% |
9,087,425
+584,191
| +7% | +$25.5M |
|
53
Truist Financial
TFC
$63.4B
| $414M | 0.41% |
8,318,669
+201,669
| +2% | +$9.74M |
|
54
SBA Communications
SBAC
$19.2B
| $400M | 0.4% |
2,446,094
-106,730
| -4% | -$17M |
|
55
Zoetis
ZTS
$30.9B
| $400M | 0.4% |
5,545,859
-416,365
| -7% | -$28.6M |
|
56
Sysco
SYY
$40.1B
| $399M | 0.4% |
6,578,176
+457,259
| +7% | +$25.9M |
|
57
Wells Fargo
WFC
$265B
| $399M | 0.4% |
6,574,464
-325,912
| -5% | -$18.4M |
|
58
Target
TGT
$69B
| $395M | 0.39% |
6,059,271
+821,165
| +16% | +$49.6M |
|
|
PXD
59
DELISTED
Pioneer Natural Resource Co.
PXD
| $390M | 0.39% |
2,254,023
-32,880
| -1% | -$5.06M |
|
60
Broadcom
AVGO
$2.01T
| $386M | 0.38% |
15,029,720
+2,140,560
| +17% | +$55.6M |
|
61
Emerson Electric
EMR
$88.5B
| $385M | 0.38% |
5,525,308
+861,558
| +18% | +$55.8M |
|
62
Verizon
VZ
$195B
| $383M | 0.38% |
7,244,571
-2,166,764
| -23% | -$107M |
|
63
Estee Lauder
EL
$31.5B
| $381M | 0.38% |
2,993,905
-471,718
| -14% | -$56.7M |
|
64
Salesforce
CRM
$162B
| $374M | 0.37% |
3,657,611
-141,400
| -4% | -$14.4M |
|
65
TJX Companies
TJX
$175B
| $374M | 0.37% |
9,775,442
-693,296
| -7% | -$25.1M |
|
66
Teleflex
TFX
$5.89B
| $367M | 0.37% |
1,474,609
+286,700
| +24% | +$72.1M |
|
67
ExxonMobil
XOM
$662B
| $364M | 0.36% |
4,350,664
-494,813
| -10% | -$40.9M |
|
|
BNY
68
Bank of New York Mellon
BNY
$108B
| $353M | 0.35% |
6,557,953
+549,519
| +9% | +$29.3M |
|
69
Invesco
IVZ
$14B
| $353M | 0.35% |
9,652,437
+173,766
| +2% | +$6.29M |
|
70
Philip Morris
PM
$290B
| $351M | 0.35% |
3,324,333
+645,108
| +24% | +$68.7M |
|
71
PepsiCo
PEP
$188B
| $351M | 0.35% |
2,924,900
+176,239
| +6% | +$20.1M |
|
72
Constellation Brands
STZ
$22.8B
| $350M | 0.35% |
1,532,809
-55,568
| -3% | -$12M |
|
73
Palo Alto Networks
PANW
$314B
| $343M | 0.34% |
14,182,002
-79,170
| -0.6% | -$1.93M |
|
74
Air Products & Chemicals
APD
$68.6B
| $339M | 0.34% |
2,063,906
-331,445
| -14% | -$52.8M |
|
75
Costco
COST
$423B
| $338M | 0.34% |
1,817,088
-433,247
| -19% | -$74.8M |
|
Similar funds
American Century Companies's Q4 2017 Portfolio in Review
As of Q4 2017, American Century Companies held 1,446 positions worth $100B, up 1.6% from $98.8B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
American Century Companies withdrew a net $3.49B in Q4 2017, closing 185 positions and reducing 590 holdings. Its most notable exit was Level 3 Communications Inc, an estimated $189M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Healthcare and Technology.
Against the trend, American Century Companies opened a new position in Keurig Dr Pepper worth $127M.
- American Century Companies's largest Q4 2017 buy was Keurig Dr Pepper: 1,305,172 shares worth $127M.
- American Century Companies added most to iShares Russell 1000 Value ETF in Q4 2017, an estimated $367M increase.
- American Century Companies's biggest Q4 2017 reduction was PG&E, cutting an estimated $296M.
- American Century Companies fully exited Level 3 Communications Inc in Q4 2017, selling an estimated $189M.
- American Century Companies's ten largest holdings make up 15% of its $100B portfolio in Q4 2017.
- American Century Companies opened 141 new positions and closed 185 in Q4 2017.
- American Century Companies's portfolio value rose 1.6% quarter-over-quarter to $100B.
Based on American Century Companies's 13F filing for Q4 2017, filed 2 Feb 2018.