Major institutional investors like Vanguard Group Inc., FMR, LLC, Blackrock Inc., and Capital International Investors are significant holders of GE Vernova Inc. (GEV) stock.
Who is Buying GEV Stock?
The primary buyers and largest holders of GE Vernova Inc. (GEV) stock are major institutional investment firms. These entities manage vast portfolios on behalf of their clients, which include mutual funds, exchange-traded funds (ETFs), pension funds, and other investment vehicles. Their substantial investments reflect their confidence in the company's future performance.
As of the latest reported data, the top institutional holders of GEV stock include:
Holder | Shares (Millions) | Date Reported |
---|---|---|
Vanguard Group Inc | 27.5M | Sep 30, 2024 |
FMR, LLC | 24.05M | Sep 30, 2024 |
Blackrock Inc. | 17.96M | Sep 30, 2024 |
Capital International Investors | 11.86M | Sep 30, 2024 |
These firms typically acquire large blocks of shares through various market transactions, including:
- Open Market Purchases: Buying shares directly from the stock market.
- Initial Public Offerings (IPOs) or Secondary Offerings: Participating in new share issuances.
- Strategic Investments: Taking significant positions for long-term growth.
Understanding who holds a company's stock provides insight into its investor base and market perception. Large institutional holdings often indicate stability and investor confidence in the company's long-term prospects. For more detailed information on GE Vernova Inc. (GEV) major holders, you can refer to financial data platforms.