Apple CEO Tim Cook's leadership has taken the company to new heights, including Apple's market cap peaking north of $3 trillion.
Cook himself has a large stake in Apple, but Apple's owners are mostly institutional investors.
Apple releases a proxy statement each year that reveals the institutions and individuals who hold 5% or more of the company's stock.
Who are the biggest owners of Apple?
Apple's latest proxy statement is set to be released in January 2024. Until then, we only know what the ownership looked like as of January 2023, almost a full year ago.
Lots could have changed since then, but at the time, the document revealed that Apple's largest shareholder was the firm Vanguard Group Inc., which held 7.96% of the company's shares, or more than 1.2 billion shares.
BlackRock Inc. owned about 1.1 billion shares, which was 6% of the shares issued, according to the document. The third largest holder of Apple stock was Warren Buffett's Berkshire Hathaway Inc., with holdings amounting to approximately 5.73% of Apple's outstanding shares.
The largest individual investor in the company in January 2023 was Arthur Levinson, the proxy stated, with over 4.5 million shares. Levinson has been an Apple board member since 2000 and chair of the board since 2011.
Next in line after Levinson, as far as individuals went, was Apple CEO Tim Cook, followed by Jeff Williams, the company's Chief Operating Officer, according to the document.
How much of Apple does Tim Cook own?
Up-to-date information on Tim Cook's ownership of Apple shares is set to be released in January 2024.
He owned 3.3 million shares as of October 2023, according to an SEC filing.
What other companies are connected to Apple?
Steve Jobs created the company NeXT in the mid-1980s. Amid a sales slump for Apple, Jobs resigned, founded the company, and poached Apple talent to work for NeXT.
In 1996, Apple bought out NeXT, believing NeXT's operating system had a better chance at market success. Jobs was rehired, and by July 1997, he was back in as CEO following a leadership coup.
Does Bill Gates own Apple stock?
Within Jobs' first year back as CEO, he entered into a partnership with Bill Gates' Microsoft, which made a $150 million investment in Apple and committed to developing software for macOS. In 2003, Microsoft opted to sell all of its Apple stock for $550 million.
Do Apple's founders still own Apple?
Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976. Wayne sold his 10% stake in Apple for $1,500 12 days after founding Apple.
It's unclear what Wozniak's current ownership looks like, but he and Steve Jobs both originally had a 45% stake in the company. Jobs' widow, Laurene Powell Jobs, inherited 5.5 million shares of Apple stock, according to company documents from 2011. But in 2022, she vowed to give the majority of her wealth away through her philanthropic efforts, and it is unclear how much Apple stock she still holds.
FAQs
The ownership structure of Apple (AAPL) stock is a mix of institutional, retail and individual investors. Approximately 36.68% of the company's stock is owned by Institutional Investors, 0.11% is owned by Insiders and 63.21% is owned by Public Companies and Individual Investors.
Who owns the majority of Apple shares? ›
The ownership structure of Apple (AAPL) stock is a mix of institutional, retail and individual investors. Approximately 36.68% of the company's stock is owned by Institutional Investors, 0.11% is owned by Insiders and 63.21% is owned by Public Companies and Individual Investors.
Who owns Apple Vanguard? ›
The Vanguard Group was Apple's top shareholder as of January 2024 with more than 1.27 billion shares representing 8.27% of total shares. Arthur Levinson was Apple's top individual insider shareholder as of January 2024 with more than 4.5 million shares.
How much of Apple does BlackRock own? ›
2024-02-12 - BlackRock Inc. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 1,043,713,019 shares of Apple Inc. (US:AAPL). This represents 6.7 percent ownership of the company.
How many shares of Apple does Berkshire Hathaway own? ›
Key Points. In the second quarter, Berkshire Hathaway sold 389,368,450 shares of Apple. The conglomerate now owns exactly 400 million shares of the tech giant.
Who is the biggest shareholder of BlackRock? ›
Who are BlackRock's largest shareholders?
- Vanguard, 8.9%, 13.2 million shares valued at $10.9 billion.
- BlackRock, 6.5%, 9.6 million shares valued at $8 billion.
- State Street, 4%, 5.9 million shares valued at $4.9 billion.
- Bank of America, 3.5%, 5.2 million shares valued at $4.3 billion.
Largest shareholders include Bank Of America Corp /de/, Wellspring Financial Advisors, LLC, Beacon Capital Management, Inc., Morgan Stanley, LPL Financial LLC, Envestnet Asset Management Inc, Compass Financial Group, INC/SD, Morningstar Investment Management LLC, MSTQX - Morningstar U.S. Equity Fund, and UBS Group AG .
What percentage of Apple is Vanguard? ›
(US:AAPL). This represents 8.47 percent ownership of the company.
Who is the parent company of Apple? ›
Apple Inc. is a publicly traded company, so no individual or entity owns the company in its entirety. However, the majority stakeholder of the company as of 2023 is The Vanguard Group, which holds 7.6% of all outstanding shares.
Who is the CEO of Vanguard BlackRock? ›
Salim Ramji is chief executive officer of Vanguard
Most recently, he was the global head of iShares and index investments at BlackRock and a member of the global executive committee.
Amazon's largest shareholders are institutional investors
So, Vanguard is the largest Amazon shareholder, with 7.4% of Amazon shares held by Vanguard funds and their investors. BlackRock (NYSE: BLK) -- also a major index fund operator -- is the No. 2 non-Bezos shareholder, with 6.1% of the company's stock.
Does BlackRock own Google? ›
The top three individual owners of the company include Larry Page, Sergey Brin, and L. John Doerr, while the top institutional shareholders are Vanguard, BlackRock, and FMR.
Who is the biggest investor in Apple? ›
Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Berkshire Hathaway Inc, VFINX - Vanguard 500 Index Fund Investor Shares, Fmr Llc, Geode Capital Management, Llc, Morgan Stanley, and Price T Rowe Associates Inc /md/ .
Will Buffett sell Apple? ›
Buffett started selling Apple in the fourth quarter of last year, but the selling has accelerated in 2024.
What stocks is Warren Buffett buying in 2024? ›
8 Best Warren Buffett Stocks to Buy in 2024
| Stock | Implied Upside from July 15 close |
|---|
| Occidental Petroleum Corp. (OXY) | 21.0% |
| Moody's Corp. (MCO) | 3.0% |
| Kraft Heinz Co. (KHC) | 27.0% |
| Chubb Ltd. (CB) | 16.1% |
4 more rowsJul 16, 2024
He sold much of his Apple stock upon his departure from the company. But over three decades later, he is still on the payroll at Apple, reportedly out of loyalty to the company. Wozniak's paycheck nets out to about $50 per week, he told Guy Kawasaki in a podcast interview released in February 2020.
Who invested the most in Apple? ›
Does Apple belong to Elon Musk? ›
Apple is its own company, and it is not affiliated with Elon Musk or his companies. What are Elon Musk's companies? Tesla - (was Tesla Motors) who make electric cars, solar systems and bulk energy storage systems.
Who is the largest individual shareholder of Apple Cohen? ›
Following the sale of Chewy, Cohen made a significant investment in Apple, making him the largest individual shareholder of the tech company with 1.55 million shares (6.2 million split-adjusted shares as of August 31, 2020).
