Published on 18 Nov 2022 on Simply Wall St. via Yahoo Finance
Hargreaves Lansdown plc's (LON:HL.) recent 7.0% pullback adds to one-year year losses, institutional...
If you want to know who really controls Hargreaves Lansdown plc (LON:HL.), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are institutions with 59% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
As a result, institutional investors endured the highest losses last week after market cap fell by UK£294m. The recent loss, which adds to a one-year loss of 42% for stockholders, may not sit well with this group of investors. Institutions or "liquidity providers" control large sums of money and therefore, these types of investors usually have a lot of influence over stock price movements. As a result, if the downtrend continues, institutions may face pressures to sell Hargreaves Lansdown, which might have negative implications on individual investors.
In the chart below, we zoom in on the different ownership groups of Hargreaves Lansdown.