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“What Companies Own Costco?
Costco operates independently and is owned by numerous shareholders. With 800 stores worldwide, this publicly traded corporation has some prominent shareholders and companies that hold a significant share.
Numerous institutional shareholders hold around 67.0% of outstanding Costco shares.
BlackRock Inc.: A mutual fund and ETF management company, BlackRock Inc. owns 30 million Costco shares. Furthermore, it represents 6.8% of the outstanding shares.
Vanguard Group Inc.: Vanguard Group is a mutual fund and ETF management company. The Vanguard S&P 500 ETF is its largest exchange-traded fund and it holds approximately 8.4% of the total Costco shares outstanding, which makes about 37 million shares.
State Street Corp.: With 16.8 million Costco shares, State Street has around 3.8% holding. Moreover, the company functions as a manager of ETFs, mutual funds, and other assets.”