<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION
EXTRACTED FROM THE SEMI-ANNUAL REPORT OF AMERICAN CENTURY
QUANTITATIVE EQUITY FUNDS, INC. AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH REPORT.
</LEGEND>
<CIK> 0000827060
<NAME> AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
<SERIES>
<NUMBER> 63
<NAME> SMALL CAP QUANTITATIVE FUND - INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 17,502,175
<INVESTMENTS-AT-VALUE> 20,201,767
<RECEIVABLES> 364,001
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 20,565,768
<PAYABLE-FOR-SECURITIES> 312,250
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 161,787
<TOTAL-LIABILITIES> 474,037
<SENIOR-EQUITY> 2,195
<PAID-IN-CAPITAL-COMMON> 15,977,601
<SHARES-COMMON-STOCK> 219,540
<SHARES-COMMON-PRIOR> 215
<ACCUMULATED-NII-CURRENT> (8,815)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,426,306
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,694,444
<NET-ASSETS> 20,091,731
<DIVIDEND-INCOME> 47,745
<INTEREST-INCOME> 24,348
<OTHER-INCOME> 0
<EXPENSES-NET> 80,908
<NET-INVESTMENT-INCOME> (8,815)
<REALIZED-GAINS-CURRENT> 1,641,832
<APPREC-INCREASE-CURRENT> (180,228)
<NET-CHANGE-FROM-OPS> 1,452,789
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 269,497
<NUMBER-OF-SHARES-REDEEMED> (50,172)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3,032,356
<ACCUMULATED-NII-PRIOR> (592)
<ACCUMULATED-GAINS-PRIOR> (218,605)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 79,033
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 80,908
<AVERAGE-NET-ASSETS> 1,330,531
<PER-SHARE-NAV-BEGIN> 5.49
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 0.51
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 6.00
<EXPENSE-RATIO> 0.68
</TABLE>
