Netflix Inc. (NFLX) is one of the world's leading subscription streaming entertainment services. The company had 277.65 million paid streaming memberships globally as of Q2 2024. Members can stream TV series, documentaries, and feature films in a variety of genres and languages. Netflix also offers a subscription DVD-by-mail service൲ to customers residing in the U.S.

The top shareholders of Netflix are Vanguard Group Inc, BlackRock Inc (BLK), FMR, LLC, Reed Hastings, Jay Hoag, David Hyman, and Ted Sarandos.

Netflix's twelve-month trailing net income and revenue were $7.6 billion and $36.3 billion as of October 2024, respectively and it's market cap was 308.9 billion.

Top 4 Individual Insider Shareholders

This list reflects direct ownership. All information was current as of Netflix's April 2024 Proxy Statement and the holders' latest Form 4 filings. Many of the top shareholders moved their holdings to privately owned companies or trusts after receiving restricted stock units after a vesting period ended in April 2024.

Reed Hastings

Reed Hastings owned 5,426,708 shares as of the April Proxy Statement but listed 2,154,241 Netflix shares in a family trust in which he is the trustee.

Hastings is Netflix's chairman and one of its co-founders. Hastings created Netflix with Marc Randolph in 1997 as a rent-by-mail movie service, which grew into the giant streaming platform it is today.

David Hyman

David Hyman owned 244,781 shares as of the April Proxy Statement, but listed 31,610 Netflix shares as of October 2024.

Hyman has served as the company's General Counsel and Secretary since 2002 and is responsible for both legal affairs and public policy.

Ted Sarandos

Ted Sarados owned 673,889 shares as of the April Proxy Statement but listed 1,278 as of October 2024.

Ted Saranos was the co-CEO of Netflix until 2023 and was responsible for all content operations.

Jay Hoag

Jay Hoag owned a total of 555,345 shares as of the April Proxy Statement but listed zero Netflix shares as of October 2024.

Hoag has served as a Netflix director since 1995 and is chair of the Nominating and Governance Committee. He's also a founding general partner of Technology Crossover Ventures, a venture capital firm. Hoag serves on the board of directors of TripAdvisor, Inc and Zillow Group, Inc as well

Top 3 Institutional Shareholders

Institutional investors hold the majority of Netflix's shares at 85.61% of total shares outstanding as of June 30, 2024.

Vanguard Group Inc.

Vanguard Group owned 37.01 million shares of Netflix representing 8.6% of total shares outstanding as of June 30, 2024.

The company is primarily a mutual fund and ETF management company with about $9.1 trillion in global 澳洲幸运5官方开奖结果体彩网:assets under management (AUM) at the end of June, 2024. The Vanguard S&P 500 ETF (VOO) is one of the company's largest 澳洲幸运5官方开奖结果体彩网:exchange-traded funds (ETFs) with about $472 billion in AUM in 2024. Netflix makes up 0.64% of VOO's holdings.

BlackRock Inc.

BlackRock owned 31.6 million shares of Netflix representing 7.36% of total shares outstanding as of June 30, 2024.

The company is primarily a mutual fund and ETF management company with approximately $10.47 trillion in global AUM. The iShares Core S&P 500 ETF (IVV) is among one of BlackRock's largest ETFs with approximately $535.43 billion in AUM in October 2024. Netflix represents 0.63% of IVV's holdings.

FMR, LLC

FMR, LLC, the parent organization of Fidelity Investments, held 21.23 million Netflix shares as of June 30, 2024.

Fidelity is one of the largest investment advisors in the U.S. It offers a wide range of financial services including brokerage services and investment funds. Total assets under administration were valued at $5.3 trillion as of March 31, 2024.

Diversity and Inclusiveness of Netflix

As part of our effort to improve the awareness of the 澳洲幸运5官方开奖结果体彩网🌼:importance of diversity in🃏 companies, we offer investors a glimpse into the transparency of more than just who are the ♚shareholders at Netflix. We highlight the company's commitment to diversity, inclusiveness, and social responsibility as a whole.

Find out how Netflix reports the diversity of its management and workforce. The ✔ shows if Netflix discloses its data about the diversity of its board of directors, C-Suite, general management, and employees overall across a variety of markets.

The Bottom Line

Netfli𝓰x is a giant in the subscription streaming entertainment services industry with some notable original content series as well as TV series, documentaries, and feature films in various genres. Most of its stock is held by institutional shareholders such as Vanguard, BlackRock, and FMR, LLC.