The post These are Palantir’s top shareholders as of December 2024 appeared on BitcoinEthereumNews.com.

Palantir Technologies (NASDAQ: PLTR) has caught the stock market’s attention with its meteoric rise in 2024, driven by the inroads into artificial intelligence (AI). This AI venture and subsequent stock growth have attracted diverse investors, from institutions to individuals, who are betting on the company’s future growth. The stock is currently aiming to reclaim its all-time high above $80. At close of the last trading session, PLTR was valued at $76.07, up nearly 4% for the day. Year-to-date, the PLTR share price has spiked 358%. PLTR YTD stock price chart. Source: Finbold As of December 14, 2024, the technology giant’s share ownership is dominated by public companies and individual investors, who hold 50.57%. Exchange-traded funds (ETFs) account for 21.87%, while mutual funds hold 14.51%. Other institutional investors control 8.06%, and insiders, including executives and key stakeholders, maintain 5% ownership. PLTR stock ownership overview. Source: TipRanks Top Palantir shareholders As of the latest quarterly filings on September 30, Vanguard Group held the top spot among institutions with 244.06 million shares (11.19% ownership, valued at over $18.56 billion). BlackRock (NYSE: BLK) follows with 157.92 million shares (7.24%). State Street Corporation holds 82.51 million shares (3.78%), and Geode Capital Management manages 47.95 million shares (2.20%). New York-based hedge fund Renaissance Technologies owns 38.42 million shares ($2.92 billion). Other notable institutional stakeholders include Morgan Stanley (NYSE: MS) and Bank of America (NYSE: BAC).  Palantir stock top institutional holders. Source: Yahoo Finance For mutual funds, the Vanguard Total Stock Market Index Fund leads with 64.51 million shares (2.96% ownership, valued at nearly $4.91 billion). The Vanguard 500 Index Fund is close behind, with 52.44 million shares (2.40%). The Vanguard Mid-Cap Index Fund holds 42.83 million shares (1.96%). The Fidelity 500 Index Fund owns 24.71 million shares ($1.88 billion), while the SPDR S&P 500 ETF Trust…

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Filed under: News - @ December 14, 2024 1:19 pm