The Vanguard Group of later generations is a very terrifying investment fund. This horror does not only refer to the nearly 4 trillion investment scale it manages, but it is also terrifying in other aspects.
For example, Vanguard Group is a major shareholder in all of the top ten companies with the highest market capitalization in the world.
Isn't Apple awesome? The world's most valuable company has a total market value of more than $900 billion, and is on the verge of reaching $1 trillion. Among Apple's major shareholders, Vanguard Group holds a 706% stake and is the largest shareholder of Apple. Based on Apple's current market value of $930 billion, the market value of Apple shares held by Vanguard Group is as high as $65.6 billion!
As for Google, which ranks second in the world in terms of market value, Vanguard Group is also the largest shareholder of Google with a 598% stake. Based on Google's current market value of US$820 billion, the market value of Google shares held by Vanguard Group is as high as US$49 billion!
The market value of the stocks of these two companies held by Vanguard Group alone exceeds 110 billion US dollars!
That’s not all. Vanguard also holds 762% of Microsoft’s shares, ranking first with a market value of $60.9 billion. It holds 576% of Amazon’s shares, ranking first among Amazon’s institutional holdings, with a market value of $46 billion. It holds 598% of Facebook’s shares, ranking first among Facebook’s institutional holdings, with a market value of $36 billion. It holds 762% of ExxonMobil’s shares, ranking first with a market value of $26.6 billion. It holds 763% of Johnson & Johnson’s shares, ranking first with a market value of $26.6 billion.
Additionally, Vanguard Group owns 0.2% of Warren Buffett's Berkshire Hathaway, ranking fifth among all institutional shareholders with a market value of less than $1 billion.
That is to say, among the top ten companies in the world by market value, Vanguard Group ranks first in shareholding ratio in seven of them. Although its holdings in Berkshire Hathaway are not large, it is Buffett's territory after all. It is already quite impressive to be able to hold 0.2% of the shares held by institutions.
As for the remaining two companies, they are both Chinese companies and Pioneer Group has no shares in them.
The combined market value of the stocks of the eight companies ranked in the top ten in the world by market value held by Vanguard Group alone exceeds US$310 billion!
In addition, Vanguard Group also controls shares of many influential old companies.
Vanguard Group holds 416% of Wal-Mart, which often tops the Fortune 500 list, and ranks first in institutional holdings. Although General Motors has fallen from grace, it is still one of the top 20 companies in the Fortune 500, and Vanguard Group is the largest shareholder of General Motors with a 642% stake. **** As a famous American bank, Vanguard Group is still its largest shareholder with a 747% stake.
There are also companies like Citigroup, the largest bank in the United States. Vanguard Group still holds the position of the largest shareholder with a 71% stake. For AT&T, also known as American Telephone and Telegraph Company, Vanguard Group is the largest shareholder of this largest telecommunications company in the United States with a 724% stake. The largest shareholder of UnitedHealth Group is also Vanguard Group, which holds 704% of the shares of UnitedHealth Group!
(ps: The above data are all true, not made up by Lao Mo)
These are some big companies that are familiar to everyone. Vanguard Group has stakes in those companies that are not well-known but very strong.
From the emerging IT industry to the old banking, automobile, insurance, communications, and energy industries, Vanguard Group's investments cover almost all industries in the United States. Vanguard Group also holds a large proportion of shares in these companies and has an important voice in these companies.
It's not a big deal for one or two companies, but after Vanguard Group became the main investor in so many companies, the significance of Vanguard Group is very special. It's no exaggeration to say that the influence of the President of the United States on these big companies is not as great as that of Vanguard Group!
This shows how terrifying the Vanguard Group is!
In comparison, hedge funds such as Quantum Fund and Tiger Fund are nothing! Although these hedge funds are well-known, in fact, when they charge ahead, the huge international hot money that follows behind them to eat meat and drink soup is the biggest winner. Among these international hot money, the real big players are these investment custodians with terrifying power, such as Vanguard Group, BlackRock Group, and Blackstone Fund.
However, such a company with huge say has an incredibly low market value. According to its current stock price, the market value of the world's second largest investment fund is only less than 600 million US dollars.
In fact, the Vanguard Group, which is so famous, is not just a collection of international hot money. However, this fund has a market value of less than 600 million US dollars, but has earned nearly 4 trillion US dollars in managed assets. This is enough to prove how terrifying the efficiency and reputation of the Vanguard Group are.
Why would Yang Jing let go of such a powerful investment fund in the future?
It was a very easy thing for Yang Jing to directly take over the Vanguard Group. The Vanguard Group, which had only been developed for more than ten years, was not yet the giant it would become in the future. The current Vanguard Group was still very immature. Yang Jing could swallow up this investment custodian institution, currently called the Vanguard Fund, with just a few clicks of his fingers.
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