Who are the Biggest Intel Investors? Aug 2023

Intel Corporation (NASDAQ:INTC) is one of the world's largest semiconductor companies, with a market capitalization of over $200 billion as of August 2023. The company is known for its microprocessors, chipsets, memory, and other products that power a variety of devices, from personal computers to data centers to smartphones.

But who are the investors behind this tech giant? 

Who owns the largest stakes in Intel and how much do they control? 

In this blog post, we will answer these questions by looking at the latest data on Intel's ownership structure, as well as some recent insider trading activity.

## Institutional Investors

According to CNN Money, institutional investors hold a majority ownership of INTC through the **64.20%** of the outstanding shares that they control. This interest is also higher than at almost any other company in the Semiconductors industry. Institutional investors include mutual funds, hedge funds, pension funds, banks, insurance companies, and other large financial entities that buy and sell stocks in bulk.

The top 10 institutional investors in Intel are:

1. The Vanguard Group, Inc.: 8.67% (361,762,400 shares)
2. BlackRock Fund Advisors: 5.15% (214,777,671 shares)
3. SSgA Funds Management, Inc.: 4.35% (181,557,033 shares)
4. Geode Capital Management LLC: 2.04% (84,895,947 shares)
5. Capital Research & Management Co. (World Investors): 1.79% (74,806,869 shares)
6. Capital Research & Management Co. (Global Investors): 1.73% (71,950,264 shares)
7. PRIMECAP Management Co.: 1.69% (70,535,501 shares)
8. Norges Bank Investment Management: 0.99% (41,352,218 shares)
9. BlackRock Advisors (UK) Ltd.: 0.98% (40,770,334 shares)
10. Northern Trust Investments, Inc.: 0.94% (38,983,608 shares)

These 10 institutions collectively own **28.31%** of Intel's total shares outstanding, which amounts to over $94 billion worth of stock at the current price of $33.25 per share .

Some of these institutions have been increasing or decreasing their holdings in Intel recently. For example, Capital Research & Management Co. (World Investors) bought **20.8 million** shares of Intel in the quarter ended June 2023 , which was the largest purchase among all institutional investors in that period. On the other hand, Northern Trust Investments, Inc. sold **2.4 million** shares of Intel in the same quarter , which was the largest sale among all institutional investors in that period.

## Insider Investors

Insider investors are those who have access to non-public information about a company, such as executives, directors, employees, or family members. Insider trading is regulated by the Securities and Exchange Commission (SEC), which requires insiders to report their transactions in a timely manner.

According to WallStreetZen , insider investors hold **5.10%** of Intel's outstanding shares, which is equivalent to about $17 billion worth of stock at the current price of $33.25 per share . The largest insider investor in Intel is Gordon Earle Moore, who is the co-founder and former chairman and CEO of the company. Moore owns **4.13%** of Intel's total shares outstanding , which amounts to over $13 billion worth of stock at the current price.

Other notable insider investors in Intel are:

1. Patrick P. Gelsinger: CEO (0.02% or 17,420 shares)
2. Michelle Johnston Holthaus: EVP GM CCG (0.01% or 892 shares)
3. Sandra L. Rivera: EVP GM Datacenter and AI (0.01% or 4,099 shares)
4. Boise April Miller: EVP and Chief Legal Officer (0.01% or 9,991 shares)

Insider investors have been mostly selling their shares of Intel in the past year . 

For example, Patrick P. Gelsinger sold **17,420** shares of Intel on August 15th 2023 for a total value of $613 thousand . On the other hand, Scott Gawel bought **1,620** shares of Intel on July 31st 2023 for a total value of $59 thousand , which was the only purchase among all insider investors in the past year.

## Retail Investors

Retail investors are those who buy and sell stocks for their own personal accounts, usually in smaller quantities than institutional or insider investors. Retail investors include individual traders, hobbyists, or long-term savers who invest in the stock market.

The exact percentage of retail investors in Intel is not publicly available, but we can estimate it by subtracting the institutional and insider ownership from the total ownership. 

Based on the data from CNN Money  and WallStreetZen , we can calculate that retail investors hold **30.70%** of Intel's outstanding shares, which is equivalent to about $102 billion worth of stock at the current price of $33.25 per share .

Retail investors may have different motivations and strategies for investing in Intel, such as:

Seeking growth potential: Intel is a leader in the semiconductor industry, which is expected to grow significantly in the coming years due to the increasing demand for chips in various sectors, such as cloud computing, artificial intelligence, 5G, and the Internet of Things.

Seeking dividend income: Intel pays a quarterly dividend of $0.3475 per share , which translates to a dividend yield of 4.18% at the current price of $33.25 per share . This is higher than the average dividend yield of 1.36% for the S&P 500 index .

Seeking value opportunity: Intel's stock price has declined by about 10% in the past year , which may indicate that it is undervalued compared to its peers or its intrinsic value. Some analysts have given Intel a buy rating and a target price of $40 or higher , which implies a potential upside of over 20% from the current price.

## Conclusion

• Institutional investors hold 64.20% of Intel's outstanding shares, with The Vanguard Group, Inc. being the largest institutional investor.
• Insider investors hold 5.10% of Intel's outstanding shares, with Gordon Earle Moore being the largest insider investor.
• Retail investors hold 30.70% of Intel's outstanding shares, with various motivations and strategies for investing in Intel.