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Written by Ben Scribner on March 24, 2023
Category: 
FTC Disclosure

10 Largest Tesla Shareholders In 2023

Tesla has become one of the most successful and valuable companies in the world, and its shareholders have reaped significant rewards in terms of financial returns in the past.

As of March 2023, some of the biggest investors in Tesla included The Vanguard Group, BlackRock Fund Advisors, and SSgA Funds Management, Inc.

tesla shareholders featured image

1. The Vanguard Group, Inc.

Vanguard is the largest institutional shareholder in Tesla with a 6.53% stake in the company, representing a total of 206,725,415 shares.

The company is one of the world's largest investment management companies, with over $7 trillion in assets under management.

2. BlackRock Fund Advisors

BlackRock comes in second with a 3.60% stake in Tesla, representing a total of 113,958,341 shares.

BlackRock is another global investment management firm, with over $9 trillion in assets under management.

3. SSgA Funds Management, Inc.

SSgA holds a 3.13% stake in Tesla, with a total of 98,998,366 shares.

The company is a subsidiary of State Street Corporation, a leading provider of financial services to institutional investors.

4. Geode Capital Management LLC

Geode Capital holds a 1.55% stake in Tesla, with a total of 49,109,751 shares.

The company is a global investment management firm that uses technology and data analysis to make investment decisions.

5. Capital Research & Management Co.

Capital Research holds a 1.53% stake in Tesla, with a total of 48,431,324 shares.

The company is part of the Capital Group, one of the world's largest investment management companies.

6. Norges Bank Investment Management

Norges holds a 0.89% stake in Tesla, with a total of 28,085,245 shares.

The company is the investment management arm of Norway's central bank and manages Norway's sovereign wealth fund.

7. Fidelity Management & Research Co.

Fidelity holds a 0.85% stake in Tesla, with a total of 26,809,558 shares.

Fidelity is a global investment management firm that offers a range of financial products and services.

8. Baillie Gifford & Co.

Baillie also holds a 0.85% stake in Tesla, with a total of 26,814,338 shares.

The company is a privately owned investment management firm based in Edinburgh, Scotland.

9. Northern Trust Investments, Inc.

Northern Trust holds a 0.72% stake in Tesla, with a total of 22,801,555 shares.

The company is a global investment management firm that offers asset servicing, investment management, and wealth management services.

10. BlackRock Advisors (UK) Ltd.

BlackRock Advisors (UK) Ltd. holds a 0.60% stake in Tesla, with a total of 19,071,138 shares.

The company is a subsidiary of BlackRock, and it manages a range of investment products and services.

Conclusion

In conclusion, these ten companies represent some of the largest institutional shareholders in Tesla, owning a combined total of over 524 million shares of 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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