Who Actually Owns Rivian Stock?

rivian stock EV electric vehicle

Who Actually Owns Rivian Stock?

Electric vehicle maker, Rivian, may have faced some heat since its initial public offering (IPO) in 2021, as its stock price has declined by 81% since then. However, investors are still taking a keen interest in the EV maker and who actually owns Rivian stock.

The ownership structure of Rivian stock is important to consider when deciding whether or not to invest in Rivian Automotive. As the company continues to grow and develop, you must understand who owns shares of Rivian. This information can help investors make informed decisions when considering an investment in the company.

Let’s dive into everything you need to know.

The Biggest Rivian Institutional Shareholders

Rivian R1S Rear Tailgate
Some of the largest shareholders of Rivian stock include Amazon, Blackrock, and the Vanguard Group.


An institutional shareholder is a large financial institution such as a bank, mutual fund, or pension fund holding company shares. Institutional investors often hold millions of shares, representing a significant voting power. Each type has its own set of rules, regulations, and investment strategies to help decide when to buy and sell stock.

Besides having more knowledge than an ordinary retail investor, institutions often benefit from regulations that are not as strict. These companies are usually among the leading asset management organizations globally.

The top five institutional shareholders who actually owns Rivian stock are as follows below.

Amazon.com, Inc.

  • Shares held (as of 02/23/2022): 158,363,834
  • Value: $3.20 billion
  • Percentage holding: 17.20%

As of February 23, 2023, Amazon.com, Inc. is the largest Rivian shareholder with a 17.20% stake in the company.

E-commerce, digital streaming, artificial intelligence, and cloud computing are among the industries in which Amazon, an American multinational tech company, has business interests. Founded by Jeff Bezos in 1994, Amazon has become the 5th largest company in the world by market capitalization, with a market cap of $957.30 billion.

T Rowe Price Group, Inc.

  • Shares held (as of 02/23/2022): 116,604,944
  • Value: $2.36 billion
  • Percentage holding: 12.66%

T Rowe Price is a world-renowned American investment management firm with $1.35 trillion in assets under management (AUM) and $6.488 billion in annual revenue as of January 2023, placing it among the top 15 world’s largest asset managers.

The company offers funds, sub-advisory services, individual and institution-level retirement plans, and separate account management solutions and is the second-largest institutional investor in Rivian.

Blackrock, Inc.

  • Shares held (as of 02/23/2022): 49,460,457
  • Value: $1 billion
  • Percentage holding: 5.37%

BlackRock is the world’s largest asset manager with over $10 trillion AUM and is the third-largest institutional investor in Rivian. They provide a range of multi-asset portfolio solutions to both global institutional and retail clients.

Vanguard Group

  • Shares held (as of 02/23/2022): 37,037,417
  • Value: $748.90 million
  • Percentage holding: 4.02%

The Vanguard Group is the second-largest asset management company in the world, with $8,466 trillion in assets under management. The company has become one of the most trusted names in investing, offering investors a wide variety of funds to choose from and low fees that help them maximize their returns.

Capital Research Global Investors

  • Shares held (as of 02/23/2022): 35,597,775
  • Value: $719.79 million
  • Percentage holding: 3.87%

Capital Research Global Investors is a privately owned investment management firm with 3.87% of Rivian stock. The company is well-known for investing across all major asset categories, including equities, fixed income, and international and private equity.

Since it was founded, Capital Research has become one of the world’s largest and most respected asset management firms, with more than $2.7 trillion in assets under its management.

Rivian is a cutting-edge electric vehicle manufacturer whose stock price has been fairly unpredictable in the last several months.

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The Biggest Individual Investors That Own Rivian Stock

Typically, insiders are senior executives, members of the board of directors, or investors who own more than 10% of the company’s stock. However, three of the top four Rivian insider traders listed below are not individual executives like regular insider shareholders (WallStreetZen classes them as insiders).

The top four insiders who actually owns Rivian stock are as follows below.

Amazon.com, Inc.

  • Shares held (as of 02/23/2022): 158,363,834
  • Value: $3.20 billion
  • Percentage holding: 17.20%

Amazon.com, Inc. is the largest Rivian insider shareholder, with a 17.20% stake in the company.

Global Oryx Group Holding Co Ltd.

  • Shares held (as of 02/23/2022): 113,934,082
  • Value: $2.17 billion
  • Percentage holding: 12.37%

Abdul Latif Jameel runs Global Oryx Group, a family-run company founded in Saudi Arabia that provides security and protection services. The business is active in various industry sectors.

Ford Motor Company

  • Shares held (as of 02/23/2022): 86,947,494
  • Value: $1.66 billion
  • Percentage holding: 9.44%

Ford, an established car maker founded in 1903, led a $500 million investment round in Rivian in 2019. This strategic partnership through a minority investment was created to collaborate and develop a new battery electric vehicle for Ford’s expanding EV lineup using Rivian’s skateboard platform, according to the company’s statement from April 24th of that same year.

In May 2022, Ford sold 15 million Rivian shares, reducing their stake to under 10%. Additionally, Ford and Rivian agreed to terminate plans to collaborate on an electric vehicle.

Robert J. Scaringe

  • Shares held (as of 02/23/2022): 4,511,767
  • Value: $86.08 million
  • Percentage holding: 0.49%

RJ Scaringe, founder and CEO of Rivian, is a well-known name in the tech world. Along with other early investors, Scaringe helped lead the charge in bringing Rivian’s revolutionary electric vehicles to market. He has worked hard to ensure that the company’s products are of high quality and have the potential to revolutionize the industry.

In addition to his direct ownership stake, he may also have access to additional shares through private investments or otherwise.

Wrapping Up

Rivian R1S Side Profile
Following its success so far, many people now want to invest in Rivian.


RJ Scaringe and other early investors have played a hand in the success of Rivian. With major players such as Amazon, Ford Motor Company, and Vanguard Group who actually own Rivian stock, it’s no surprise that so many people are looking to get in on the action by investing in Rivian.

Whether you’re a seasoned investor or a newbie, there is no doubt that the future of Rivian looks bright and full of potential for those who choose to invest in it.

Who Actually Owns Rivian Stock? FAQs (Frequently Asked Questions) 

Who owns Rivian Automotive?

39.57% of Rivian insiders and 65.62% of institutional shareholders own Rivian. The largest individual shareholder of Rivian is Amazon.com, Inc., which holds 158.36M shares, or 17.20% of the company. The current market value of Amazon.com, Inc.’s Rivian shares is $3.02B.

What is Rivian’s market capitalization?

As of February 23, 2023, Rivian has a market cap of $16.80 billion.

How many Rivian shares are there?

The most recent financial reports and stock price for Rivian indicate that there are currently 918,000,000 shares outstanding.

How much is Rivian's stock price per share?

As of February 22, 2023, Rivian’s stock price per share is $19.02.

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