General Electric shareholders – who owns the most GE stock?
General Electric’s recent transformation has reshaped one of the most recognised names in global industry. Following its three-way split, the company now operates as three independent entities – GE Aerospace, GE Vernova, and GE HealthCare Technologies.
The value of General Electric (GE) shares has continued to evolve as the firm completed its transformation into three independent public companies. GE’s breakup – first announced in 2021 – was finalised in April 2024, marking one of the most significant restructurings in US corporate history.
Under the plan, GE separated its businesses into GE Aerospace (GE), GE Vernova (GEV), and GE HealthCare Technologies (GEHC). These companies now trade independently on the New York Stock Exchange (NYSE) under their respective tickers: GE, GEV, and GEHC.
So, who owns the most stock in each of the new entities? Let’s take a closer look.
What is General Electric (GE)?
General Electric was founded in 1892 by Thomas Alva Edison, following the merger of Edison General Electric Company and Thomson-Houston Electric Company.
Over time, GE grew into one of the world’s largest conglomerates, spanning industries from aviation to power generation and healthcare. The firm’s transformation aimed to create more focused and agile businesses, better able to respond to industry-specific challenges.
After the completion of the split:
- GE Aerospace became the core of the remaining company, focused on aircraft engines and services.
- GE Vernova now operates in energy generation, grid solutions, and renewable technologies.
- GE HealthCare Technologies runs independently in the medical imaging, diagnostics, and equipment sector.
All three companies remain listed on the NYSE, allowing investors to hold shares in one or more of these new entities.
GE shareholders after the split
As part of the separation, GE shareholders of record as of 19 March 2024 received one GE Vernova share for every four GE shares held. Previously, in January 2023, GE HealthCare was distributed on a one-for-three basis.
Following both spin-offs, investors retained their original GE stock (now GE Aerospace) while also receiving proportional shares in GE Vernova and GE HealthCare. GE retained a minority interest in the spun-off companies immediately after each separation, in line with US tax-free spin-off rules, but this stake has since reduced to around 19.9%, with further divestment expected over time.
GE Aerospace (GE)
GE Aerospace now represents the aviation and defence business, including jet engines, components, and services. It continues to operate under the 'GE' ticker and remains the flagship of the legacy company.
GE ownership overview
| Type | Common stock held | % of shares outstanding | Market value |
|---|---|---|---|
| Mutual funds & ETFs | 463.67m | 43.96% | $144.07bn |
| Other institutional investors | 398.32m | 37.76% | $123.76bn |
| Public companies & retail investors | 192.83m | 18.28% | $59.92bn |
| Total | 1.05bn | 100% | $327.75bn |
The largest ownership share sits with mutual funds and ETFs, collectively holding nearly 44% of GE Aerospace’s equity.
- Capital Research and Management Company remains the top institutional investor, followed closely by Vanguard and BlackRock – a pattern consistent across many large-cap US stocks.
- Large US index-tracking funds continue to represent a significant portion of GE Aerospace’s ownership base, reflecting diversified investor exposure to the aviation sector.
Source: Investing.com, 13 November 2025.
Past performance is not a reliable indicator of future results.
GE Vernova (GEV)
GE Vernova, the energy and renewables division, was spun off in April 2024 and began trading under the ticker GEV. It combines GE’s power generation, grid, and renewable businesses, positioned to participate in global investment in clean energy.
GEV ownership overview
| Type | Common stock held | % of shares outstanding | Market value |
|---|---|---|---|
| Mutual funds & ETFs | 111.13m | 40.96% | $63.95bn |
| Other institutional investors | 102.73m | 37.86% | $59.11bn |
| Public companies & retail investors | 57.46m | 21.18% | $33.06bn |
| Total | 271.32m | 100% | $156.12bn |
Institutional investors collectively hold over three-quarters of GE Vernova’s outstanding shares. The top three holders – Vanguard, FMR, and BlackRock – together account for more than 24% of total equity, indicating broad institutional support for the company’s clean-energy strategy.
GE Vernova’s shareholder profile mirrors that of GE Aerospace: dominated by long-term institutional funds with diversified portfolios.
Source: Investing.com, 13 November 2025.
Past performance is not a reliable indicator of future results.
GE HealthCare Technologies (GEHC)
GE HealthCare Technologies was the first spin-off in the group’s restructuring, listed independently on 3 January 2023 under the ticker GEHC. It develops and supplies diagnostic imaging, ultrasound, and patient monitoring technologies to healthcare providers globally.
GEHC ownership overview
| Type | Common stock held | % of shares outstanding | Market value |
|---|---|---|---|
| Mutual funds & ETFs | 238.84m | 52.31% | $17.91bn |
| Other institutional investors | 152.85m | 33.48% | $11.46bn |
| Public companies & retail investors | 64.87m | 14.21% | $4.86bn |
| Total | 456.56m | 100% | $34.23bn |
Institutional ownership of GE HealthCare exceeds 85%, reflecting continued professional investor interest in the healthcare technology sector. Vanguard and BlackRock lead institutional ownership across all GE entities, underscoring their role as long-term passive investors in US industrials.
GE HealthCare’s shareholder base includes a balanced mix of index, growth, and actively managed funds, consistent with its position as a mature, dividend-paying business.
Source: Investing.com, 13 November 2025
Past performance is not a reliable indicator of future results.
Past performance is not a reliable indicator of future results.
Insider ownership
H. Lawrence Culp Jr., who continues to lead GE Aerospace, remains the most prominent insider shareholder across the group. Following the separation, each business maintains independent boards and governance structures, with equity-based incentives aligned to long-term performance.
Key takeaways
The completion of GE’s three-way split has reshaped one of America’s most established industrial groups into three focused, publicly listed companies. Each – GE Aerospace, GE Vernova, and GE HealthCare – now operates with distinct strategic priorities and shareholder compositions.
While institutional investors hold the majority across all three, retail shareholders continue to represent a meaningful minority, maintaining continuity with GE’s long-standing investor base.
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FAQ
How many shareholders does General Electric have?
According to GE Aerospace’s 2025 shareholder disclosures, the company maintains a broad and diverse investor base that includes institutional holders, mutual funds, and individual retail shareholders. Although the exact number of investors varies with market activity, ownership remains predominantly institutional, with more than 80% of GE Aerospace’s equity held by funds and asset managers. This structure is typical of large-cap US industrial firms, where institutional participation provides both stability and liquidity.
Who owns General Electric Company?
Following the restructuring, GE Aerospace – which continues to trade under the 'GE' ticker – stands as the primary successor to the original General Electric entity. As of June 2025, the company’s largest shareholders include Capital Research and Management Company (9.29%), The Vanguard Group (8.72%), and BlackRock, Inc. (7.91%). Among insiders, H. Lawrence Culp Jr., GE Aerospace’s Chairman and CEO, remains one of the most significant individual shareholders. Collectively, institutional investors hold over 80% of GE shares, underscoring the company’s continued inclusion in major global equity indices and its ongoing appeal to long-term, diversified investors.
Can I trade GE shares via CFDs?
Yes. You can trade GE Aerospace (GE) shares and General Electric’s spin-off companies via contracts for difference (CFDs), which let you speculate on price movements without owning the underlying stock. CFDs allow trading in both directions – going long if you expect prices to rise, or short if you anticipate a fall. Keep in mind that CFD trading is risky, as leverage can amplify both profits and losses.