The primary owner of AutoZone is The Vanguard Group, Inc.
While The Vanguard Group, Inc. holds a substantial ownership stake, AutoZone, like many large corporations that are publicly traded, has a distributed ownership structure. This means its shares are held by a diverse array of investors. A significant number of other companies, particularly large institutional investment firms, mutual funds, and various other financial entities, also hold stakes in AutoZone, alongside individual shareholders. The Vanguard Group, Inc. is recognized as a key holder among these investors.