Individual Investors Hold Majority Shares in Multiple Major Companies

Analysis of shareholder structures reveals that in companies like Quebecor, AMTD Digital, Friedman Industries, and Vinci, significant ownership by individual or retail investors grants these groups substantial influence over management and strategic decisions. Institutional investors also hold meaningful stakes across these firms, reflecting analyst interest and confidence, though their influence varies, with hedge funds generally having minimal holdings. Quebecor's largest shareholder is Les Placements Peladeau Inc. with 30%, while AMTD Digital is predominantly controlled by private companies, including AMTD Group Company Limited holding 37%. Friedman Industries shows a near-even split with individual investors owning 46% and institutions 42%, including hedge funds with 6.2%. Vinci's ownership is led by retail investors at 48%, with institutions holding 40%, including significant stakes by BlackRock and Vanguard. These ownership patterns suggest a balance of power between retail and institutional investors, each capable of impacting company governance and stock performance.