Investing Simple Logo
Menu
Get 1 Free Stock Worth Up To $200 From Robinhood!
Sign up with Robinhood, deposit any amount and get 1 Free Stock. It takes less than 3 minutes to sign up and claim your Free Stock Bonus.
Webull free stock promotion
Get Up To 5 Free Stocks From Webull
Open a new Webull brokerage account today and deposit any amount of money to receive 5 free stocks. Webull offers commission free stock, ETF, option and crypto trading.
Written by Ben Scribner on March 26, 2023
Category: 
FTC Disclosure

10 Largest GameStop Shareholders In 2023

In January 2021, GameStop, a video game retailer, was at the center of a stock market phenomenon that shook Wall Street.

A group of individual investors organized on social media platforms like Reddit and collectively bought GameStop shares, causing its stock price to skyrocket and leading to significant losses for some hedge funds. As a result, many investors scrambled to understand who the top shareholders in GameStop were.

Here is a list of the top ten GameStop shareholders as of March 2023, based on the most recent 13F filings.

gamestop shareholder image

1. The Vanguard Group, Inc.

With 7.98% ownership of GameStop, The Vanguard Group is the company's largest institutional shareholder. The asset management giant held 24,315,967 shares valued at $467,596,045.

2. BlackRock Fund Advisors

BlackRock Fund Advisors is the second-largest institutional shareholder of GameStop, with 6.69% ownership. BlackRock Fund Advisors held 20,382,623 shares valued at $391,957,840.

3. SSgA Funds Management, Inc.

SSgA Funds Management, a subsidiary of State Street Global Advisors, holds 2.38% of GameStop shares. The company owned 7,254,369 shares valued at $139,501,516.

4. Geode Capital Management LLC

Geode Capital Management holds 1.15% of GameStop shares, owning 3,495,649 shares valued at $67,221,330.

5. Charles Schwab Investment Management Inc.

With 0.64% ownership, Charles Schwab Investment Management is GameStop's fifth-largest institutional shareholder. The company held 1,954,302 shares valued at $37,581,227.

6. Northern Trust Investments, Inc.

Northern Trust Investments holds 0.60% of GameStop shares, owning 1,811,645 shares valued at $34,837,933.

7. BofA Securities, Inc.

BofA Securities is the seventh-largest institutional shareholder of GameStop, with 0.40% ownership. the company held 1,223,057 shares valued at $23,519,386.

8. Van Eck Associates Corp.

Van Eck Associates Corp. holds 0.35% of GameStop shares, owning 1,066,058 shares valued at $20,500,295.

9. Norges Bank Investment Management

Norges Bank Investment Management, the investment arm of Norway's central bank, holds 0.35% of GameStop shares, owning 1,056,783 shares valued at $20,321,937.

10. The Bank of New York Mellon Corp.

The Bank of New York Mellon Corp. is the tenth-largest institutional shareholder of GameStop, with 0.33% ownership. the company held 1,006,775 shares valued at $19,360,283.

Conclusion

It is important to note that these ownership percentages and the number of shares owned are as of March 2023.

The situation with GameStop's ownership has since changed due to the events that unfolded in January 2021.

Nonetheless, understanding the top shareholders in GameStop can provide insight into the institutional investors who have a significant stake in the company.

This article was generated using automation technology, and thoroughly edited and fact-checked by an editor on our editorial staff.

Article written by Ben Scribner

Read more

Power Your Investing

Choosing the right product and service is essential for your investing. Here are some of the tools and services to help your portfolio grow.
Robinhood
Robinhood provides an easy-to-use free trading platform for beginner investors. Robinhood has $0 account minimums. Get a free stock when you open an account below.
Try Robinhood
M1 Finance
M1 Finance offers a free investing platform where users can build portfolios of stocks and ETFs. Users can also choose from a variety of pre-built portfolios offered for free.
Try M1 Finance
Fundrise
Passively invest in private real estate deals with as little as $10. Fundrise allows you to own residential and commercial real estate across the U.S. starting at a 1% annual fee.
Try Fundrise
Copyright © 2018 – 2023 Investing Simple LLC. All Rights Reserved.
Investing Simple is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual. Members should be aware that investment markets have inherent risks, and past performance does not assure future results. Investing Simple has advertising relationships with some of the offers listed on this website. The information on Investing Simple could be different from what you find when visiting a third-party website. All products are presented without warranty. For more information, please read our full disclaimer.
Website managed by Stallion Cognitive™
magnifiermenuchevron-downcross-circlechevron-down-circle

Get 1 Free Stock Worth Up To $200 From Robinhood!

Don't Miss This Opportunity!

Investing Simple readers can claim a free stock from Robinhood worth up to $200 when they open a brokerage account and deposit any amount.

For US Residents only. Investing Simple is affiliated with Robinhood, and we may earn a commission when you sign up for Robinhood.

18749
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram