Nvidia shareholders: Who owns the most NVDA stock?
US technology company Nvidia (NVDA) has seen its share price plunge by more than 45% since the start of the year amid declining demand for its graphics processors as the global economy slows. The US Federal Reserve’s (Fed) rapid interest rate increase has weighed on stocks – technology companies in particular – pulling the US Tech 100 Index (US100) down by 28.5% since the start of 2022.
The Nvidia share price has also been affected by an escalation in the US-China trade war. The US has banned exports of advanced semiconductor technology to China and could expand the restrictions to include artificial intelligence and high-performance computing.
As of 15 November, NVDA stock was trading around the $166 mark, down from a price of over $300 around the start of the year.
Nvidia (NVDA) live price chart
NVIDIA is set to report its third-quarter earnings on 16 November. With analysts expecting the company’s revenues to decline, investor Cathie Wood’s ARK Investment Management firm has been selling some of the shares it holds in its ARK Innovation and ARK Next Generation Internet exchange-traded funds (ETFs).
The ARK Innovation ETF sold 167,914 NVDA shares on 14 November, having sold 50,252 shares on 20 October. The ARK Next Generation Internet ETF sold 24,423 shares on 13 November. ARK also sold off some of the stock ahead of Nvidia’s second-quarter earnings results.
ARK’s NVIDIA holdings have fluctuated from more than 1 million in mid-2019 to 182,606 at the end of 2020 and as low as 653 at the end of March 2022. They were back up to over 1 million at the end of September, according to filings with the US Securities and Exchange Commission (SEC).
ARK Innovation held 210,114 NVDA shares, as of 14 November, with the Next Generation Internet fund holding 115,212 shares, according to ARK’s daily disclosures.
The stock rebounded to $166.66 a share on 15 November, up from a two-year low of $112.27 on 14 October.
Who owns the most shares of NVIDIA? How much of the stock do institutional and insider investors own and how does that compare to retail investment in the company? If you’re considering investing in the company, it’s worth understanding who the major NVIDIA shareholders are. They can move the share price if they buy or sell large volumes of the stock, affecting the value of your position.
We take a look at the breakdown of NVIDIA’s biggest shareholders below.
What is NVIDIA?
NVIDIA is a hardware and software company that designs graphics processing units, computer processing units, and application programming interface system-on-chip units for gaming, high-performance computing, AI, mobile computing, and automotive applications.
It was founded in April 1993 by its president and CEO Huang Jen Hsun, who previously worked at LSI Logic and Advanced Micro Devices (AMD), along with Chris Malachowsky and Curtis Priem, who were previously engineers at Sun Microsystems.
Nvidia went public in January 1999 with an initial public offering (IPO) price of $12 a share. The stock has since split four times.
In 2020, NVIDIA announced plans to acquire UK-based semiconductor company Arm from Japanese investment firm SoftBank for $40bn, which would have been the largest-ever semiconductor acquisition. Under the agreement, SoftBank would have acquired a 10% stake in Nvidia. However, Nvidia dropped the acquisition in February 2022, citing regulatory hurdles.
At the time of writing, Nvidia had a market capitalisation of $409.51bn, making it the world's 12th most valuable company.
Who are the biggest NVIDIA shareholders?
The majority of NVIDIA’s shares are owned by institutional investors, accounting for a total of 64.8% of ownership with more than 1.6bn shares, according to data compiled by Simply Wall Street. Retail shareholders of NVIDIA hold around 776 million shares, accounting for 31.2% of the stock, while individual insiders own 4%, or 99 million shares.
Who are the shareholders of NVIDIA with the largest stakes? Who is the biggest insider investor? Let’s look at the top five NVIDIA shareholders.
Vanguard Group
The US investment firm is the world’s second-largest asset manager behind BlackRock. It offers a range of investment products and was at the forefront of creating index-tracking mutual funds and ETFs to make stock markets more accessible to retail investors.
Vanguard’s funds include the Vanguard S&P 500 ETF (VOO), Vanguard Information Technology ETF (VGT), and Vanguard Total Stock Market ETF (VTI). Vanguard holds NVIDIA shares as part of its market capitalisation-weighted index strategies.
As of 30 June, Vanguard held 201.4 million NVDA shares, according to its quarterly ownership disclosure filed with the SEC, making it the largest of the NVIDIA major shareholders, with an 8.09% stake.
BlackRock
The world’s largest asset manager is the second-largest institutional investor in Nvidia. The New York-based firm has a mix of institutional and retail clients worldwide for its investment product offerings including multi-asset portfolios.
BlackRock (BLK) holds 179.2 million NVIDIA shares in its funds, according to its quarterly SEC filing, for a 7.2% stake in the company.
Fidelity Investments
US financial services firm Fidelity Investments held 139.7 million NVDA shares at the end of the third quarter, of 30 September, according to its quarterly filing. This gives it a 5.39% stake in the company.
Fidelity is one of the largest financial services companies in the US, offering investment and wealth management, retirement services, brokerage and financial planning. It manages a range of ETFs and mutual funds. The firm’s Blue Chip Growth Fund held $1.5bn worth of NVIDIA shares, as of 30 September, accounting for 4.263% of the fund’s holdings.
State Street Global Advisors
State Street provides investment management, research, trading and data analytics for institutional investors. State Street Global Advisors (SSGA) is its investment management division and the world's fourth largest asset management firm. SSGA held 97.8 million NVIDIA shares, as of 30 June, giving it a 3.93% stake as the company’s fourth largest of the NVDA shareholders.
Huang Jen Hsun
NVIDIA’s president and CEO Huang Jen Hsun is the company’s fifth-largest investor and its top individual insider. As of 11 October, he held more than 85 million shares of NVDA common stock for a 3.45% stake in the company, having exercised an option to buy 229,500 shares for a total of over 6.5 million in direct ownership, according to an SEC filing. Huang owns the majority of his shares through indirect trusts and holds employee stock options.
What is your sentiment on NVDA?
The bottom line
The largest NVIDIA shareholders can have a substantial influence over the performance of a company’s share price, which can in turn affect the value of your investment.
However, a company’s individual and institutional share ownership is only a small part of the picture and should not be the main reason for your decision to buy a stock. Whether NVIDIA is a suitable investment for you will depend on your investing goals, trading strategy, risk tolerance, and the size of your portfolio. It is essential that you do your own research before making any investment or trading decision. And never invest or trade money that you cannot afford to lose.
FAQs
How many Nvidia shares are there?
NVIDIA has a total of 2.49 billion shares, according to data from Simply Wall Street.
How many shareholders does Nvidia have?
Nvidia has 4,353 institutional shareholders that have filed ownership forms with the US Securities and Exchange Commission (SEC).
Who owns the Nvidia company?
Institutional investors account for 64.8% of NVIDIA’s ownership. Retail investors hold 31.2% and individual insiders 4%. Asset management firm Vanguard is the largest shareholder, with an 8.09% stake, while Nvidia’s president and CEO is the company’s fifth largest investor and its top individual shareholder.
Remember that a company’s individual and institutional share ownership is only a small part of the picture and should not be the main reason for your decision to buy a stock. Whether NVIDIA is a suitable investment for you will depend on your investing goals, trading strategy, risk tolerance, and the size of your portfolio. It is essential that you do your own research before making any investment or trading decision. And never invest or trade money that you cannot afford to lose.
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