Fidelity’s FMR Llc has filed a 13G/A form with the SEC disclosing ownership of 3,194,288 shares of Roku Inc (ROKU). This represents 2.645% of the company.
In their previous filing dated February 9, 2022 they reported 9,303,665 shares and 7.90% of the company, a decrease in shares of 65.67% and a decrease in total ownership of 5.26% (calculated as current – previous percent ownership).
What are other large shareholders doing?
ARK Investment Management LLC holds 11,917,866 shares representing 8.56% ownership of the company. In it’s prior filing, the firm reported owning 10,144,564 shares, representing an increase of 14.88%. The firm decreased its portfolio allocation in ROKU by 17.71% over the last quarter.
Vanguard Group Inc holds 10,690,743 shares representing 7.68% ownership of the company. In it’s prior filing, the firm reported owning 10,483,460 shares, representing an increase of 1.94%. The firm decreased its portfolio allocation in ROKU by 20.53% over the last quarter.
Fmr Llc holds 9,268,556 shares representing 6.66% ownership of the company. In it’s prior filing, the firm reported owning 10,479,711 shares, representing a decrease of 13.07%. The firm decreased its portfolio allocation in ROKU by 27.67% over the last quarter.
ARKK – ARK Innovation ETF holds 9,111,942 shares representing 6.54% ownership of the company. In it’s prior filing, the firm reported owning 6,979,464 shares, representing an increase of 23.40%. The firm decreased its portfolio allocation in ROKU by 12.82% over the last quarter.
Sumitomo Mitsui Trust Holdings, Inc. holds 7,403,422 shares representing 5.32% ownership of the company. In it’s prior filing, the firm reported owning 5,995,099 shares, representing an increase of 19.02%. The firm decreased its portfolio allocation in ROKU by 9.41% over the last quarter.
What is the overall institutional sentiment?
There are 1017 funds or institutions reporting positions in Roku Inc. This is a decrease of 105 owner(s) or 9.36%.
Average portfolio weight of all funds dedicated to Roku Inc is 0.2672%, an increase of 2.1068%. Total shares owned by institutions decreased in the last three months by 1.57% to 112,218,265 shares.
This article originally appeared on Fintel
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
