Who Owns Eastern Bankshares Stock?
NASDAQ: EBCFinancial ServicesBanks - RegionalUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 92.24%
- Held by insiders
- 1.26%
- Institutional holders
- 432
- Institutions 92.2%
- Insiders 1.3%
- Public and other 6.5%
Who owns Eastern Bankshares stock?
Institutional investors own about 92.2% of Eastern Bankshares's shares, spread across 432 institutions that file 13F reports. That level of institutional ownership is high, typical of large, widely followed companies. Insiders, including executives, directors and large founding shareholders, hold 1.26% of EBC.
The largest institutional holders are Blackrock Inc. (9.81%), FMR, LLC (7.03%) and Vanguard Portfolio Management LLC (5.75%). Together, the top 10 institutions control 51.1% of shares outstanding. In their latest filings, 6 of the top 10 institutions increased their EBC positions and 3 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of EBC
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Blackrock Inc. | 22.42M | 9.81% | +34.1% |
| FMR, LLC | 16.06M | 7.03% | +8.3% |
| Vanguard Portfolio Management LLC | 13.14M | 5.75% | +21.8% |
| T. Rowe Price Investment Management, Inc. | 12.63M | 5.53% | -6.1% |
| State Street Corporation | 12.12M | 5.31% | +42.3% |
| Dimensional Fund Advisors LP | 9.46M | 4.14% | +9.7% |
| Vanguard Capital Management LLC | 9.41M | 4.12% | -1.1% |
| Goldman Sachs Group Inc | 7.51M | 3.29% | +402.1% |
| Holdco Asset Management, LP | 7.38M | 3.23% | 0.0% |
| Jennison Associates LLC | 6.51M | 2.85% | -4.8% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of EBC
| Fund | Shares | % Held |
|---|---|---|
| Fidelity Rutland Square TRT II-Strategic Advisers Fidelity U.S. Total | 7.01M | 3.07% |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 6.60M | 2.89% |
| iShares Trust-iShares Russell 2000 ETF | 5.41M | 2.37% |
| iShares Trust-iShares Core S&P Small-Cap ETF | 4.89M | 2.14% |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 4.77M | 2.09% |
| T. Rowe Price Small-Cap Stock Fund, Inc. | 3.17M | 1.39% |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Value Index Fund | 3.02M | 1.32% |
| T. Rowe Price Small-Cap Value Fund, Inc. | 2.85M | 1.25% |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Small Cap Value Portfolio | 2.73M | 1.19% |
| Prudential Jennison Small Co Fd., Inc.-PGIM JENNISON SMALL COMPANY Fd. | 2.67M | 1.17% |
Frequently asked questions
Who is the largest shareholder of Eastern Bankshares?
Blackrock Inc. is the largest institutional shareholder of EBC, owning 9.81% of shares outstanding (22.42M shares) as of its latest 13F filing.
What percentage of Eastern Bankshares is owned by institutions?
Institutions own about 92.2% of EBC shares and 93.4% of the public float.
How much of Eastern Bankshares do insiders own?
Insiders, such as officers and directors, own about 1.26% of EBC shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.