Amazon is one of the world's largest and most valuable companies, with a market capitalization of over $1.5 trillion as of March 25th 2023. With such a vast and profitable business, it's no surprise that many major institutional investors have a stake in the company. Here's a rundown of the top shareholders in Amazon as of the latest available data:
The Vanguard Group is a massive asset management company that oversees trillions of dollars in assets. As of the latest data available, it holds 6.58% of Amazon's outstanding shares, or a whopping 674,618,913 shares in total. This makes it by far the largest institutional shareholder in Amazon.
BlackRock is another major asset management firm that holds a significant stake in Amazon. As of the latest data, it holds 3.73% of the company's outstanding shares, or 382,429,572 shares in total.
SSgA is a subsidiary of State Street Corporation, a financial services company. As of the latest data available, it holds 3.28% of Amazon's outstanding shares, or 336,270,158 shares in total.
Fidelity is a well-known investment management company that holds a significant stake in Amazon. As of the latest data, it holds 2.68% of the company's outstanding shares, or 274,635,067 shares in total.
T. Rowe Price is an investment management company that manages assets for individual and institutional investors. As of the latest data available, it holds 2.13% of Amazon's outstanding shares, or 218,514,089 shares in total.
Geode is a global asset management company that holds a relatively small but still significant stake in Amazon. As of the latest data, it holds 1.58% of the company's outstanding shares, or 161,534,790 shares in total.
Norges Bank is the central bank of Norway, and its investment management arm oversees the country's sovereign wealth fund. As of the latest data available, it holds 0.96% of Amazon's outstanding shares, or 98,376,088 shares in total.
Capital Research & Management is a subsidiary of Capital Group, one of the world's largest investment management companies. As of the latest data, it holds 0.85% of Amazon's outstanding shares, or 87,556,843 shares in total.
Northern Trust is a financial services company that provides asset management and other investment services. As of the latest data available, it holds 0.82% of Amazon's outstanding shares, or 84,028,189 shares in total.
JPMorgan is one of the largest financial services companies in the world and offers a range of investment products and services. As of the latest data, it holds 0.66% of Amazon's outstanding shares, or 67,684,168 shares in total.
In conclusion, Amazon is a major player in the global economy, and its success has attracted investment from some of the world's largest and most powerful institutional investors. While individual investors can certainly own shares in the company, the lion's share of Amazon's ownership is held by large asset management companies and other institutional investors.
It's important to note that these holdings are constantly changing as investors buy and sell shares. However, as of the latest filings, these are the top 10 largest shareholders of Amazon(AMZN).
This article was generated using automation technology, and thoroughly edited and fact-checked by an editor on our editorial staff.
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