Here’s Who Owns the Most Shares

We’re only halfway through 2024, but one technology stock particularly has stood out amid an intense competitive environment.

Shares of artificial intelligence (AI) poster child Nvidia (NASDAQ: NVDA) have soared by about 150% through the primary six months of the 12 months. The corporate has grown by nearly $2 trillion in market cap and recently joined Microsoft and Apple because the third company to exceed a $3 trillion market capitalization.

With Nvidia getting a lot attention from Wall Street and retail investors, you could be wondering who has benefited essentially the most from the corporate’s meteoric rise — and whether or not now could be an excellent time so that you can join them by adding it to your portfolio.

Which employees own essentially the most Nvidia shares?

Nvidia accomplished a 10-for-1 stock split earlier this month. Because of this Nvidia’s outstanding share count rose 10-fold while its stock price fell by the identical multiple — thereby leaving the valuation of the corporate unchanged.

Post split, Nvidia now has roughly 25 billion shares outstanding. The table below illustrates which employees own essentially the most shares of the corporate.



Shares Owned

% Ownership

Jen-Hsun “Jensen” Huang

Chief executive officer

866.3 million


Colette Kress

Chief financial officer

6.1 million


Debora Shoquist

Executive vice chairman, operations

2.4 million


Jay Puri

Executive vice chairman, worldwide field operations

1.5 million

< 0.01%

Tim Teter

Executive vice chairman, general counsel, and secretary

1.1 million

Not material

Data source: Bloomberg.

Jensen Huang is by far the biggest internal shareholder of Nvidia. While it is common for CEOs to have major ownership stakes of their corporations, Huang’s position stands out for various reasons.

Not only is he the CEO, he can also be certainly one of Nvidia’s three co-founders and has been with the corporate for 3 a long time. Generally speaking, founders of corporations are a few of their largest equity holders. And while a 3.5% stake may not look like loads for a founder, take into account that Nvidia is value in excess of $3 trillion. As of the time of this writing, Huang’s roughly 866 million shares are value roughly $108 billion.

Outside of management, who else is a significant Nvidia shareholder?

Beyond Nvidia’s executive suite, quite a lot of members on the board of directors are also material holders of the stock.

Mark Stevens is the second-largest individual owner of Nvidia stock behind Huang. Stevens frolicked in management at Intel and later became a enterprise capital investor. Since he began serving on Nvidia’s board in 2008, Stevens has amassed nearly 40 million shares — a stake that is value almost $5 billion.

Other notable enterprise capitalists on Nvidia’s board include Harvey Jones, Tench Coxe, and Brooke Seawell. Each joined its board in the course of the Nineteen Nineties, they usually have collectively accrued roughly 16 million shares.

Image source: Getty Images.

Must you grow to be an Nvidia shareholder?

Lots of Nvidia’s largest shareholders have either been working at the corporate or sitting on its board for a very long time. In lots of cases, these executives have gathered their stakes over a long time.

Take certainly one of the opposite co-founders, Chris Malachowsky and Curtis Priem, for instance. Priem left Nvidia in 2003 and reportedly had sold off all of his shares by 2006. After having given away tons of of hundreds of thousands in charitable donations over time, he has an estimated net value of roughly $30 million now. While that is not too shabby, had he held on to his shares, Priem’s net value would today be within the tens of billions of dollars.

One other prior investor in Nvidia was the Japanese holding company SoftBank. It sold its stake back in 2019. Had SoftBank held onto its position, its stake in Nvidia could be value around $160 billion today.

The concept I’m attempting to drive house is that owning a hot stock just isn’t enough by itself to generate wealth. Investors must have strong conviction in the corporate’s management, its business prospects, and the markets through which the corporate operates. Should you feel that way about Nvidia, the stock might be for you.

Nonetheless, I’d encourage investors to watch the business over time and double down when appropriate. It’s entirely possible to construct a small fortune owning winning stocks, and the most effective approach to try this is sort of at all times to carry onto them for a very long time.

Must you invest $1,000 in Nvidia immediately?

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Adam Spatacco has positions in Apple, Microsoft, and Nvidia. The Motley Idiot has positions in and recommends Apple, Microsoft, and Nvidia. The Motley Idiot recommends the next options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Idiot has a disclosure policy.

Halfway Through 2024, Nvidia Has Grown Its Market Cap by Nearly $2 Trillion: Here’s Who Owns the Most Shares was originally published by The Motley Idiot

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