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Written by Ben Scribner on March 26, 2023
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.


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

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