AMC Entertainment Holdings, Inc. (AMC) has had a roller coaster ride in the stock market.
The cinema chain has seen its share price surge to unprecedented levels in 2021 driven by an army of retail investors, who have caused a short squeeze in the stock.
As a result, there has been much interest in who the top shareholders of AMC are.
Here's a rundown of the largest shareholders in AMC as of the latest available data in March of 2023:
The Vanguard Group is the largest shareholder in AMC with a 10.13% stake, equivalent to 52,427,292 shares worth $374,330,865. The company is a leading global investment management firm that offers a range of low-cost index funds and exchange-traded funds (ETFs) to investors.
BlackRock is the world's largest asset manager, and it is the second-largest shareholder in AMC with a 3.56% stake, equivalent to 18,427,381 shares worth $131,571,500. The company provides investment management, risk management, and advisory services to institutional and individual investors worldwide.
SSgA Funds Management is the investment management arm of State Street Corporation, one of the largest custodian banks in the world. The company holds a 1.55% stake in AMC, equivalent to 8,033,523 shares worth $57,359,354.
Geode Capital Management is a Boston-based investment management firm that manages equity, fixed income, and alternative strategies for institutional and individual investors. The company holds a 1.33% stake in AMC, equivalent to 6,891,271 shares worth $49,203,675.
Charles Schwab is a San Francisco-based financial services company that provides wealth management, securities brokerage, banking, and related financial services. The company holds a 0.66% stake in AMC, equivalent to 3,407,392 shares worth $24,328,779.
Coatue Management is a global investment management firm that focuses on public and private technology companies. The company holds a 0.59% stake in AMC, equivalent to 3,030,498 shares worth $21,637,756.
BofA Securities is the investment banking division of Bank of America. The company holds a 0.51% stake in AMC, equivalent to 2,621,124 shares worth $18,714,825.
Northern Trust is a global asset management company that provides investment management, asset, and fund administration, fiduciary, and banking services. The company holds a 0.41% stake in AMC, equivalent to 2,125,091 shares worth $15,173,150.
Cadian Capital is a New York-based investment firm that specializes in fundamental analysis, bottom-up research, and portfolio management. The company holds a 0.39% stake in AMC, equivalent to 2,018,366 shares worth $14,411,133.
Goldman Sachs is a global investment banking, securities, and investment management firm. The company holds a 0.31% stake in AMC, equivalent to 1,604,430 shares worth $11,455,630.
In conclusion, these are the top shareholders in AMC as of the latest available data.
It's worth noting that the situation is fluid, and the rankings may change as more information becomes available.
Nonetheless, the list provides some insights.
This article was generated using automation technology, and thoroughly edited and fact-checked by an editor on our editorial staff.