Meanwhile, Geode Capital Management, LLC, rounds out the top five with 333.9 million shares worth $81.3 billion, growing its position by 6.54%, or 20.4 million shares, during the same period. Jeffrey Williams, Apple’s Chief Operating Officer, comes next, owning 489,944 shares valued at $119.4 million. Katherine L. Adams, General Counsel, holds 179,043 shares worth $43.6 million, despite reducing her holdings by 8,000 shares last month. This inclusivity ensures that ownership is not solely limited to institutional investors, fostering a diverse shareholder base.
In 2017, Al Gore sold part of his shares for over $29 million. Apple Inc. is owned by two main institutional investors (Vanguard Group and BlackRock, Inc). Apple’s mythical founders, Steve Jobs, and Wozniak, at that point already missed as they now owned less than five percent of the company’s stocks. Cook himself has a large stake in Apple, but Apple’s owners are mostly institutional investors. Vanguard and BlackRock lead the pack of Apple’s institutional investors, followed by other entities and individuals. Roughly 60% of its ownership is in the hands of institutional giants.1 You have a few high-net-worth individuals putting their faith in the company, too.
- Gil Amelio was brought in as CEO, and in the 500 days he spent in the position, he brought about reforms, which included product focusing.
- Still, with this figure being expressed through stocks, which will result in less than 5%, it will not have been reported publicly, meaning we can’t determine if he still owns Apple shares.
- It dominates multiple tech industries, including smartphones, personal computing, and digital services.
- The iPhone maker also holds the distinction of being the world’s first company to reach $1 trillion and $2 trillion.
- Institutional investors typically purchase large quantities of shares making them key stakeholders in Apple.
- Throughout his history at Apple, he has served on all three board committees of the company.
🗳️ Breakdown of Apple’s Outstanding Shares and Votes by Top Shareholders
- As the Chairman, he provides guidance and oversight to the company’s corporate governance and ensures that the board operates in the best interest of shareholders.
- BlackRock is also a mutual fund and ETF management company with approximately $10.473 trillion in AUM as of March 31, 2024.
- He owned 3.3 million shares as of October 2023, according to an SEC filing.
- In total, the company’s investments make up 7.83% of the company’s total outstanding shares.
- Among its top individual shareholders are key executives and board members, each holding substantial stakes.
Steve Wozniak, from time to time, represents Apple at some events. Based on his claims, he technically never stopped to be an employee of Apple, even after he left the company in 1985. Her ownership is not clear because such a small stake does not require any public disclosure. However, since she significantly reduced her Disney stake, the assumption is that she might have also reduced her stain in Apple, Inc. Company’s CEO Waren Buffet and his “sidekick” Charlie Munger are proponents of value-based, long-term investing. They stick to the business they understand and avoid new trendy things, whatever it means.
The company’s expertise in immersive VR experiences has been incorporated into Apple’s AR/VR initiatives, particularly with the development of Vision Pro. Apple acquired Camel Audio, a music software company, in 2015. Its technology has been integrated into Logic Pro and GarageBand, enhancing Apple’s professional music production tools. NextVR, a virtual reality company specializing in sports and entertainment experiences, was acquired by Apple in 2020. Its technology has contributed to Apple’s Vision Pro headset and the development of spatial computing applications.
Who Owns Apple and When Was The Company Founded?
He provided business expertise as well as $250,000 (which who owns apple now is over $1 million in today’s dollars) to help support the company’s early growth. Understanding who owns and controls Apple provides valuable insights into how this tech giant functions. Apple Inc., is a globally renowned technology company known for its innovative products like the iPhone, iPad, and Mac. Given its prominence, many are curious about who owns Apple and the structure of its ownership. As shown in Walt Disney financials, Laurene Powell Jobs Trust still owned 7.8% of the company’s stocks in 2016, corresponding to 128,301,176 shares.
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As one of the world’s largest asset managers, BlackRock’s significant investment in Apple highlights the tech giant’s appeal to institutional investors seeking robust returns. Apple Inc. is a publicly traded company, meaning its ownership is spread out among its many shareholders. They range from individual investors to big-time institutional asset managers. The major shareholders in Apple are institutional investors, that is companies.
That includes the audit and finance committee, the nominating and corporate governance committee, and the compensation committee. Apple’s first official CEO was Michael Scott, who led the company from 1977 to 1981. Steve Jobs later became the most famous Apple CEO, taking over in 1997 and transforming the company with products like the iMac, iPhone, and iPad. Are you passionate about investing and analyzing companies like Apple? Stay informed about market trends to make the most of opportunities by following our blog. For investors, Apple represents a robust and lucrative opportunity in the tech world, offering stability, innovation, and potential long-term growth.
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This includes Mac personal computers, smartphones, tablet computers, wearables, and much more. Apple is well known for many of these, including its iPhone line of smartphones, iPad lineup of tablet computers, and its Mac branded personal computers and laptops. Additionally, Apple operates a strong digital content, iCloud service, and numerous other service-based operations.
Levinson’s ownership stake reflects his deep commitment to Apple’s long-term success and active involvement in shaping its strategic direction. Cook’s leadership and strategic decisions have contributed significantly to Apple’s continued innovation and financial performance. This marked the beginning of a company that would revolutionize the technology industry.
BlackRock, Inc. is the world’s largest asset manager, with assets under management of $10 trillion. BlackRock is not only an asset manager, but it also provides other asset managers and corporations with its Aladdin portfolio management software. Apple has only one class of outstanding shares, with one vote per share. Therefore, there is no difference between the shareholder’s ownership and voting power. FMR Inc. holds 363.9 million shares valued at $88.7 billion, showing a 5.27% increase over the past three months.
Tim Cook owned 3,280,180 shares of Apple stock as of Jan. 2, 2025. Cook rose to CEO of Apple in 2011 after the death of founder and longtime CEO Steve Jobs. Cook arrived at Apple in 1998 and was the chief operating officer (COO) responsible for all worldwide sales and operations before being named CEO. It is unclear if Ms. Jobs sold her shares or still holds onto them. Unlike in traditional investment funds, if you buy stocks of Berkshire Hathaway, you don’t just buy a portfolio of stocks.
The company’s market cap was about $3.63 trillion as of Feb. 28, 2025. The iShares Core S&P 500 ETF (IVV) is among one of BlackRock’s largest ETFs with more than $594 billion in net assets as of February 28, 2025. Apple briefly became the world’s first $3 trillion company during intraday trading on Jan. 3, 2022. The iPhone maker also holds the distinction of being the world’s first company to reach $1 trillion and $2 trillion. It’s easy to see such a ubiquitous company as a monolith, but Apple’s success actually relies on the decision-making of a few key individuals and organizations.
I will show you who Apple’s largest shareholders are, how many shares and votes they have, and how much their stake is worth. These institutional investors play a significant role in shaping Apple’s ownership structure and are vested in the company’s performance and long-term growth. While institutional investors wield substantial influence over Apple, the company’s governance structure ensures decisions are made in the best interest of all shareholders. This is majorly an investment company; they deal in ETF and mutual fund management. The company owns more than 1 billion Apple shares, which amounts to 7.25%, making it the largest shareholder in Apple Inc. BlackRock Inc is the second largest institutional owner of Apple stock.
Apparently, Northern Trust Investments, Inc. has been successful in business since it began operation and is still making profitable investments to date. As such a large organization, Apple has a number of institutional shareholders, meaning that these are people who own shares of the company in a more collective manner. The top three institutional shareholders at Apple own over 20 percent of the company’s current outstanding common stock (as of December of 2020). The third largest individual stakeholder in Apple is Jeff Williams. As of 2021, he owed over 489,000 shares in the company’s stock.
The company started from Job’s parents’ garage before it became the tech giant it is today. It took them 42 years to reach the 1-billion-dollar valuation mark. Apple, the producer of the popular iPhone and Macbook laptops, is today one of the most popular tech companies in the world.
