Boeing's flagship commercial aircraft, the 747. Image source: Boeing.
There are few companies that are as deeply entrenched in their industries as Boeing is. Its competitors in the commercial aviation space can be counted on one hand. Given this, it isn't surprising that the nation's leading investors and money managers have developed an affinity for the aerospace company. Its top five institutional shareholders control $29.1 billion worth of its outstanding common stock, equating to an ownership interest of 28.9%.
This is a sizable stake, and particularly so when you compare it to other large publicly traded companies, such as Pfizer and Wells Fargo :
- Pfizer's five biggest institutional shareholders control 17.5% of the pharmaceutical giant's outstanding stock. That equates to $33.9 billion worth of its shares at today's price -- click here to see the five biggest owners of Pfizer's stock.
- Wells Fargo's five biggest stockholders own 24.2% of its stock, which is obviously closer to the level of concentration among Boeing's top shareholders. The total dollar value of the five biggest institutional stakes in Wells Fargo translates into $63.6 billion worth of shares in the nation's fourth biggest bank by assets -- click here to see the five biggest owners of Wells Fargo's stock.
So, who are Boeing's five biggest shareholders? You can find the answer to this question in the brief slideshow below.
Data in the slideshow, as well as the ownership data for Pfizer and Wells Fargo, was sourced from Yahoo! Finance on Dec. 1, 2015. Slideshow image source: Boeing.
The article These 5 Companies Own 29% of Boeing's Stock originally appeared on Fool.com.
John Maxfield has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Wells Fargo. The Motley Fool has the following options: short January 2016 $52 puts on Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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