Robinhood has quickly become one of the most popular trading apps, with millions of users investing in the stock market, cryptocurrencies, and more.
But who are the largest shareholders of this innovative platform?
Here's a breakdown of the 10 largest Robinhood shareholders (as of 3/22/23):
The Vanguard Group is a well-known investment management company with over $7 trillion in assets under management.
As of the latest filing, they own 7.06% of Robinhood, which represents 53,126,577 shares.
ARK Investment Management is a company focused on investing in innovative technologies and companies with high growth potential.
They own 3.89% of Robinhood, which represents 29,245,424 shares.
BlackRock is another large investment management company that provides a wide range of financial services.
They own 2.78% of Robinhood, which represents 20,939,495 shares.
Nikko Asset Management Americas is an investment management firm that specializes in Asian and global equities.
They own 2.74% of Robinhood, which represents 20,590,300 shares.
Nikko Asset Management Co. is a global asset management company that provides a wide range of financial services to institutional and individual investors.
They own 2.74% of Robinhood, which represents 20,593,196 shares.
Iconiq Capital is a wealth management firm that focuses on high-net-worth individuals and families.
They own 1.80% of Robinhood, which represents 13,529,601 shares.
Fidelity Management & Research Company is a large financial services company that provides investment management services to individuals and institutions.
They own 1.29% of Robinhood, which represents 9,716,991 shares.
Citadel Advisors is a global investment firm that provides a wide range of investment strategies to institutional and individual investors.
They own 1.21% of Robinhood, which represents 9,098,264 shares.
Geode Capital Management is an investment management firm that specializes in quantitative investment strategies.
They own 0.98% of Robinhood, which represents 7,357,972 shares.
SSgA Funds Management is a global investment management firm that provides a wide range of investment solutions to institutional investors.
They own 0.96% of Robinhood, which represents 7,194,070 shares.
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 Robinhood.
This article was generated using automation technology, and thoroughly edited and fact-checked by an editor on our editorial staff.
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