BMW is mainly owned by the Quandt family, who have 35.52% of the company’s ordinary shares, which have voting rights. The Quandt family consists of Stefan Quandt, who owns 19.69% of the company, and his sister Susanne Klatten, who holds 15.83% of the company. Other major shareholders include financial institutions, such as AQTON SE, which has an 8.49% stake in the company, and Vanguard, which owns 2.3% of the company. The rest of the shares, about 53.69%, are divided among other institutional, mutual fund, and individual shareholders.
BMW, or Bayerische Motoren Werke, has been an icon of luxury vehicles and innovative German engineering for over 100 years since its founding as an aircraft engine manufacturer in 1916.
Today, BMW generates over $121 billion in annual revenue, producing over 2.5 million cars and motorcycles across its brands, including BMW, MINI, and Rolls-Royce.
From its early days powering zeppelins and fighter planes in the World Wars, BMW has evolved into an auto empire selling sleek Ultimate Driving Machines worldwide.
Over the past decade, under CEO Oliver Zipse, the company has achieved impressive growth as demand has grown for its X series SUVs, high-performance M class sports cars, as well as electric i3s and i8s.
Currently, the BMW stock trades around $103 per share, which is near its all-time high above $113 as of March 2023 before economic instability hit markets. Now, with the company leading the luxury segment transition towards electrification, BMW is positioned competitively to pioneer premium mobility into the future.
Year-to-date BMW stock price chart. Source: TradingView
Who owns BMW? Exploring the top shareholders
The largest share of BMW shares is controlled by the Quandt family, who inherited the stake from their father, Herbert Quandt. Herbert was an industrialist who saved BMW from bankruptcy in the 1960s. Currently, the family owns 35.52% of the company’s ordinary shares, which have voting rights, and 0.4% of the preferred shares, which have no voting rights but a higher dividend.
Another large part of BMW stock is controlled by various financial institutions, such as ASTION, Vanguard, and Flossbach & Von Storch.
In total, there are 638,716,075 outstanding BMW.DE shares, of which 579,795,667 are ordinary shares, and 58,920,408 are preferred shares, resulting in a combined market value of BMW shares of $70 billion.
In the following sections, we’ll examine BMW’s ownership structure and list the largest BMW stockholders.
BMW.DE Total Share Details. Source: bmwgroup
Top 10 institutional owners of BMW
The 10 largest institutions that own BMW stock control over 17.6% of all BMW shares. In the table below, you can see the position of the ten biggest holders of BMW
| Mutual Fund | Stake | SharesOwned | Total value |
|---|---|---|---|
| AQTON SE | 8.49% | 54,179,568 | $5,991,700,000 |
| The Vanguard Group, Inc. | 2.24% | 14,289,375 | $1,634,100,000 |
| Flossbach & Von Storch Vermoegensmanagement AG | 1.61% | 10,316,334 | $1,198,340,000 |
| Amundi Asset Management SAS | 1.02% | 6,499,098 | $722,490,080 |
| Dws Investment Gmbh | 1.1% | 6,422,465 | $713,992,760 |
| Mawer Investment Management Ltd. | 0.9% | 5,739,878 | $638,170,520 |
| Harris Associates L.P. | 0.72% | 4,598,886 | $511,255,420 |
| Norges Bank Investment Management | 0.55% | 3,504,624 | $389,569,440 |
| Dimensional Fund Advisors LP | 0.51% | 3,256,813 | $362,116,560 |
| Deka Investment GmbH | 0.46% | 2,914,061 | $323,987,560 |
Source: Simplywall
AQTON SE
An investment company founded in 2020 by Stefan Quandt. AQTON SE offers a variety of investment opportunities in four sectors, including the automotive industry and digital security. The company currently has an 8.59% stake in BMW.DE, making it the largest institutional owner and a long-term investor, supporting the company’s strategic vision and sustainability goals.
- BMW.DE relative stake: 8.49%
- BMW.DE shares owned: 54 million
- Total value of BMW.DE owned: $5 billion
Vanguard Group
The Vanguard Group, Inc. is the second-largest institutional owner of BMW, with a 3.2% stake in the company. Vanguard is one of the largest investment management companies in the world, with $7.7 trillion in AUM. It is known for its low-cost index funds and ETFs, which aim to track the performance of various market indices.
- BMW.DE relative stake: 2.24%
- BMW.DE shares owned: 14 million
- Total value of BMW.DE owned: $1.6 billion
Flossbach & Von Storch Vermoegens Management AG
Flossbach & Von Storch is the third-largest institutional owner of BMW, with a 1.61% stake in the company. The company is one of the leading independent asset managers in Europe, with more than 300 employees and more than EUR 70 billion in AYM. It manages multi-asset, equity, and bond funds for private and institutional clients.
- BMW.DE relative stake: 1.61%
- BMW.DE shares owned: 10 million
- Total value of BMW.DE owned: $1.1 billion
Top 10 mutual funds holding BMW.DE
| Mutual Fund | Stake | SharesOwned | Total value |
|---|---|---|---|
| Vanguard International Stock Index-Total Intl Stock Indx | 0.7% | 4,160,093 | $428,739,174 |
| Oakmark International Fund | 0.7% | 4,072,779 | $419,740,593 |
| Vanguard International Growth Fund | 0.42% | 2,535,539 | $261,312,643 |
| Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund | 0.42% | 2,503,181 | $257,977,827 |
| iShares Core MSCI EAFE ETF | 0.3% | 1,648,201 | $169,863,591 |
| Vanguard/Windsor II | 0.16% | 944,435 | $97,333,468 |
| DFA International Value Series | 0.16% | 942,197 | $97,102,820 |
| Schwab Fundamental US Small Com… | 0.16% | 943,805 | $97,268,540 |
| Vanguard Extended Market Index Fund | 0.14% | 818,578 | $84,362,646 |
| Candoris ICAV – Orchard US Small … | 0.11% | 673,208 | $69,380,814 |
Source: Yahoo Finance
Vanguard Total International Stock Index Fund
VGTSX Shares is the largest mutual fund owner of BMW, with a 0.7% stake in the company. It focuses on tracking the performance of the FTSE Global All Cap ex-US Index, which covers more than 6,000 non-U.S. stocks across developed and emerging markets. This fund is offered by Vanguard, with $7.7 trillion in AUM.
- BMW.DE relative stake: 0.7%
- BMW.DE shares owned: 4 million
- Total value of BMW.DE owned: $428 million
Oakmark International Fund
The second-largest mutual fund owner, with a 0.7% IN BMW.DE stake and investments in undervalued companies outside the U.S. The company is known to target companies with a strong balance sheet, and growing earnings. It is managed by Oakmark Funds, a family of mutual funds that follow a long-term, value-oriented investment approach.
- BMW.DE relative stake: 0.7%
- BMW.DE shares owned: 4 million
- Total value of BMW.DE owned: $420 milllion
Vanguard International Growth Fund
Vanguard International Growth Fund owns a 0.42% stake in the company. This fund is also offered by Vanguard, with $7.7 trillion in AUM. It is known to provide long-term investment companies that have strong competitive advantages, above-average earnings growth, and attractive valuations.
- BMW.DE relative stake: 0.42
- BMW.DE shares owned: 2.5 million
- Total value of BMW.DE owned: $261 million
Top Insider stockholders of BMW.DE (The Quandt Family)
| Insider Stockholders | Position | Stake | Shares | Total Value |
|---|---|---|---|---|
| Stefan Quandt | Vice Chairman | 19.69% | 125,816,996 | $13,944,320,000 |
| Susanne Klatten | Member of the Supervisory Board | 15.83% | 101,135,193 | $11,220,820,000 |
Source: Simplywall
The Quandt family
As earlier said, the Quandt family consists of Stefan Quandt and Susanne Klatten, who are the largest insider owners of BMW, with a 35.52% stake in the company’s ordinary shares.
Stefan Quandt is the chairman of AQTON SE, While Susanne Klatten is the sole owner and deputy chairwoman of SKion GmbH, also a holding company like AQTON SE that invests in various sectors, such as chemicals, biotechnology, energy, and mobility.
- BMW.DE relative stake: 35.52%
- BMW.DE shares owned: 226 million
- Total value of BMW.DE owned: $25 billion
The bottom Line
BMW has a diversified portfolio of brands and products, ranging from the iconic BMW cars and motorcycles to the MINI and Rolls-Royce brands, to the electric and hybrid vehicles. The company is also at the forefront of the transition to electrification, with ambitious goals to increase its market share and profitability in the premium segment.
It’s safe to say the company is worth investing in, as it offers a combination of quality, performance, and sustainability that is unmatched by its competitors.
If you are interested in buying BMW shares, you can check out our step-by-step guide on how to buy BMW Group stock on eToro.
If you want to learn more about the ownership structures of other major corporations, check out our articles about Prime and Paramount.
Source: https://coincodex.com/article/35821/who-owns-bmw/