Institutional investors are large investors who typically buy shares on behalf of their clients or members. Such investors are assumed to be more informed, and thus, their investment in any stock is considered good news for that stock and other investors in that stock. Let’s take a look at the 10 largest companies with more than 90% institutional ownership.
Ten Largest Companies With Over 90% Institutional Ownership
We used institutional ownership data from finviz.com to come up with the 10 largest companies with more than 90% institutional ownership. We rank companies based on their market capitalization (as of August 3, 2022).
Q2 2022 hedge fund letters, conferences and more
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Zoetis
Founded in 1952 and headquartered in Parsippany, NJ, this company manufactures and markets drugs, biodevices, diagnostic products, vaccines, genetic testing, as well as precision animal farming technology. Shares of Zoetis Inc (NYSE:ZTS) are down more than 26% year to date and down nearly 12% over the past year. As of this writing, the company has a market capitalization of more than $80 billion. Zoetis posted revenue of more than $7 billion in 2021, compared to more than $6 billion in 2020.
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Cigna
Founded in 1792 and headquartered in Bloomfield, Conn., this company offers global health services, and operates through the Evernorth, US Medical, International Markets, and Group Disability and Other segments. Shares of Cigna Corp (NYSE:CI) are up more than 18% year to date and are up nearly 32% over the past year. As of this writing, the company has a market capitalization of more than $80 billion. Cigna posted revenue of more than $170 billion in 2021, compared to more than $160 billion in 2020.
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Service Today
Founded in 2004 and headquartered in Santa Clara, Calif., this company offers enterprise cloud computing solutions through its single enterprise cloud platform called the Now Platform. Shares of ServiceNow Inc (NYSE:NOW) are down more than 27% year to date and down nearly 21% over the past year. As of this writing, the company has a market capitalization of more than $90 billion. ServiceNow posted revenue of more than $5 billion in 2021, compared to more than $4 billion in 2020.
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Estee Lauder
Founded in 1946 and headquartered in New York City, this company manufactures and markets skin care, makeup, fragrance and hair care products. Shares of Estee Lauder Companies Inc (NYSE:EL) are down more than 27% year to date and down nearly 18% over the past year. As of this writing, the company has a market capitalization of more than $90 billion. Estee Lauder posted revenue of more than $16 billion in 2021, compared to more than $14 billion in 2020.
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Prologues
Founded in 1991 and headquartered in San Francisco, this company offers real estate investment trust services and operates through the Real Estate Operations and Strategic Capital segments. Shares of Prologis Inc (NYSE:PLD) are down more than 22% year to date but are up nearly 1% over the past year. As of this writing, the company has a market capitalization of more than $90 billion. Prologis posted revenue of more than $4.5 billion in 2021, compared to more than $4 billion in 2020.
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Elevance Health
Founded in 1944 and headquartered in Indianapolis, Ind., this company offers a range of network-based managed care health benefit plans in the employer, individual, Medicaid, and Medicare markets. Shares of Elevance Health Inc (NYSE:ELV) are up more than 3% year to date and more than 27% over the past year. As of this writing, the company has a market capitalization of more than $110 billion. Elevance Health posted revenue of more than $130 billion in 2021, compared to more than $120 billion in 2020.
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American Tower
Founded in 1995 and headquartered in Boston, this company offers real estate investment services, as well as the development of multi-tenant real estate properties. Shares of American Tower Corp (NYSE:AMT) are down more than 8% year to date and down nearly 5% over the past year. As of this writing, the company has a market capitalization of more than $120 billion. American Tower posted revenue of more than $9 billion in 2021, compared to more than $8 billion in 2020.
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S&P Global
Founded in 1917 and headquartered in New York City, this company deals in providing ratings and benchmarks, as well as analytics and data services in the capital and commodity markets. Shares of S&P Global Inc (NYSE:SPGI) are down nearly 22% year to date and down nearly 17% over the past year. As of this writing, the company has a market capitalization of more than $120 billion. S&P Global posted revenue of more than $8 billion in 2021, compared to more than $7 billion in 2020.
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Thermo Fisher Scientific
Founded in 1960 and headquartered in Waltham, Mass., this company deals in equipment, reagents and consumables, software, as well as providing services for research, analysis, detection, and diagnostics. Shares of Thermo Fisher Scientific Inc. (NYSE:TMO) is down nearly 12% year to date but is up more than 8% over the past year. As of this writing, the company has a market capitalization of more than $220 billion. Thermo Fisher Scientific posted revenue of more than $39 billion in 2021, compared to more than $32 billion in 2020.
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Visa
Founded in 1958 and headquartered in San Francisco, this company facilitates electronic payment systems. It also provides risk management, and payment security solutions to merchants. Shares of Visa Inc (NYSE:V) are down nearly 4% year to date and are down more than 13% over the past year. As of this writing, the company has a market capitalization of more than $420 billion. Visa posted revenue of more than $24 billion in 2021, compared to more than $21 billion in 2020.
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