Unum Group (NYSE: UNM) is a publicly traded company, meaning it is owned by its shareholders. While no single entity or individual owns the entire company, its ownership is distributed among a large number of institutional investors, mutual funds, and individual shareholders who hold its stock. The largest shareholders are typically major investment management firms and financial institutions.
Understanding Unum's Ownership Structure
As a public company, Unum's shares are bought and sold on the stock market. This decentralized ownership structure means that the company is ultimately accountable to its shareholders. The ownership landscape is dynamic, with investment firms and funds constantly adjusting their holdings.
Major Institutional Shareholders
As of recent reports, several large institutional investors hold significant stakes in Unum Group. These major holders include asset management firms that invest on behalf of their clients through various funds and portfolios. Their substantial holdings indicate their confidence in the company's long-term prospects.
The top institutional holders of Unum stock, based on their reported holdings, include:
| Holder | Shares Held (Millions) | Date Reported |
|---|---|---|
| Vanguard Group Inc | 18.90 | Sep 30, 2024 |
| Norges Bank Investment Management | 14.64 | Jun 30, 2024 |
| FMR, LLC | 12.97 | Sep 30, 2024 |
| State Street Corporation | 5.97 | Sep 30, 2024 |
These figures represent significant portions of Unum's outstanding shares. Vanguard Group Inc. and FMR, LLC (Fidelity Management & Research) are among the world's largest investment management companies, holding shares across numerous public companies through their vast array of mutual funds, exchange-traded funds (ETFs), and other managed portfolios. Norges Bank Investment Management manages Norway's sovereign wealth fund, one of the largest in the world, and invests globally. State Street Corporation is another major financial services company providing investment management and investment services to institutional investors.
For more information about Unum Group, you can visit their official website: Unum.com.
