Who Owns Shoals Technologies Group Inc.?

Shoals Technologies Group Inc. is primarily owned by a mix of institutional investors and an insider entity. As a publicly traded company on the NASDAQ exchange under the ticker SHLS, its ownership is distributed among various shareholders, with significant stakes held by key players.

Major Stakeholders of Shoals Technologies Group Inc.

The largest portion of Shoals Technologies Group Inc. stock is held by an insider entity, followed by several prominent institutional investment firms. These entities represent the significant owners controlling a substantial percentage of the company's shares.

Here's a breakdown of the major owners:

Understanding Ownership Types

• Insider Ownership: When an "insider" like Solon Holdco III LLC holds a large percentage, it typically refers to a private equity firm, a founding entity, or a major shareholder closely associated with the company's initial stages or ongoing management. This significant stake often indicates a strong, long-term interest in the company's performance and strategic direction.
• Institutional Ownership: Firms like Blackrock Inc, Vanguard Group Inc, and Wellington Management Group LLP are large investment management companies. They purchase shares on behalf of their clients, which can include pension funds, mutual funds, and other collective investment vehicles. Their holdings signify confidence in the company's prospects and often provide stability to the stock through long-term investment strategies.

While these entities hold the most substantial portions, the remaining shares are held by a multitude of smaller institutional investors, individual retail investors, and other public shareholders, which is typical for a company traded on a stock exchange. This diverse ownership structure ensures liquidity and broad market participation.