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When it comes to investing in a company such as Nvidia, most investors are curious to know who owns shares in this company.
The Santa Clara, California-based Nvidia Corp (NASDAQ: NVDA) was established as a silicon chip company specializing in graphics processing units (GPUs) in 1993.
As a result of its leadership position in visual computing, visualization, data centers, gaming, artificial intelligence, and cryptocurrency mining, Nvidia has experienced rapid growth on a global level.
In January 1999, Nvidia launched its initial public offering (IPO) at a share price of $12. Since then, the stock has split four times.
As of January 5, 2023, Nvidia is the 17th most valuable company in the world, with a market capitalization of $367.54 billion. Nvidia’s market cap also makes them the second-largest semiconductor company in the world.
But, who owns the most Nvidia shares? How much of the company’s stock are institutional and insider investors holding?
It’s important to know who the top Nvidia shareholders are if you’re considering investing in the company. If they buy or sell a lot of stock, they can influence the share price, which will affect the value of your investment.
Let’s break down who owns Nvidia and who the company’s largest shareholders are below.
The Biggest Nvidia Institutional Shareholders
A business or organization that manages investments on behalf of others is known as an institutional investor. Examples include insurance firms, mutual funds, and pensions. Institutional investors are regarded as the “whales” of Wall Street because they often buy and sell large amounts of stocks, bonds, or other securities.
Additionally, the group is thought to be more skilled than the typical retail investor, and in some cases, they are subject to less stringent rules. You will also likely find them to be the top asset management companies in the world.
The top five institutional shareholders who actually own Nvidia stock are listed below.
Vanguard Group
- Shares held (as of 09/30/2022): 203,747,246
- Value: $30.05 billion
- Percentage holding: 8.28%
With an 8.29% stake as of September 30, 2022, Vanguard Group is the largest stakeholder in Nvidia.
In addition, the Vanguard Group is the second-largest asset management in the world, with $8,466 trillion in assets under management (AUM). The company provides various financial products and was a pioneer in developing index-tracking mutual funds and ETFs to increase individual investors’ access to the stock market.
The Vanguard S&P 500 ETF (VOO), the Vanguard Total Stock Market ETF (VTI), and the Vanguard Information Technology ETF (VGT) are among Vanguard’s ETFs. Part of Vanguard’s market capitalization-weighted index strategies include holding Nvidia shares.
BlackRock
- Shares held (as of 09/30/2022): 176,405,408
- Value: $26.02 billion
- Percentage holding: 7.17%
The largest asset management company worldwide and the first to surpass $10 trillion is BlackRock. Additionally, BlackRock is the second-largest institutional investor in Nvidia. The New York-based company’s investment product offerings include multi-asset portfolios and a mix of global institutional and retail clients.
Fidelity Investments (FMR LLC)
- Shares held (as of 09/30/2022): 139,672,508
- Value: $20.60 billion
- Percentage holding: 5.68%
Fidelity Investments is the world’s third-largest asset manager with $4,233 trillion in assets under management (AUM) and the third-largest institutional investor in Nvidia.
The company offers financial planning, retirement services, brokerage, investment, and wealth management and oversees various mutual funds and ETFs. As of November 30, 2022, the company’s Blue Chip Growth Fund held shares in Nvidia worth $2.07 billion, or 5.5% of the fund’s total holdings.
State Street Global Advisors
- Shares held (as of 09/30/2022): 98,751,264
- Value: $14.56 billion
- Percentage holding: 4.01%
State Street offers investment management, trading, research, and data analytics for institutional investors. The fourth-largest asset management firm in the world is State Street Global Advisors (SSGA), its investment management division, with $4.138 trillion AUM.
As of September 30, 2022, SSGA owned 98.7 million Nvidia shares, making it the fourth-largest Nvidia shareholder with a stake of 4.01%.
The Biggest Individual Insiders Who Actually Own Nvidia Stock
Insiders have senior management positions, are on the board of directors, or own more than 10% of the company’s stock. It has no connection with insider trading in this instance.
Below is a list of the top three insider traders at Nvidia. This list includes only shares owned directly and does not include shares owned indirectly or through stock options.
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Huang Jen Hsun
- Shares held (as of 09/30/2022): 95,069,737
- Value: $14.02 billion
- Percentage holding: 3.86%
The individual who actually owns Nvidia stock the most is Huang Jen Hsun. Huang Jen Hsun (also known as Jensen Huang) is the Founder, President, and CEO of Nvidia and is the company’s fifth-largest shareholder and leading individual insider. As of September 30, 2022, he owned 3.86% of the firm. Huang owns employee stock options and most of his shares through indirect trusts.
Forbes has Juang listed as #78 on its Billionaires list, with a net worth of about $20.6 billion.
Colette M. Kress
- Shares held (as of 06/10/2022): 157,773
- Percentage holding: 0.03%
Colette Kress, Nvidia’s CFO and Executive VP, joined the company in 2013 and owns 157,773 shares of Nvidia, or 0.03% of the company’s outstanding shares.
Mark A. Stevens
- Shares held (as of 06/10/2022): 157,186
- Percentage holding: 0.03%
Mark Stevens was on Nvidia’s board from 1993 to 2006 and rejoined the board in 2008. He owns 157,186 Nvidia shares, or 0.03% of the company’s outstanding stock.
According to Forbes, Stevens has a net worth of $4.5 billion and is ranked #637 on its Billionaires list.
Final Thoughts
The performance of a company’s share price, which affects the value of your investment, can be significantly influenced by the top Nvidia shareholders.
While important, individual and institutional ownership of a company’s shares shouldn’t be the primary driver of your stock purchase decision. Nvidia may or may not be a good investment depending on your investment goals, risk tolerance, trading style, and portfolio size.
You must conduct your own research before making any decisions on trading or investments, and also, never trade or invest money you cannot afford to lose.
