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Activision Blizzard, Inc. (NASDAQ: ATVI) is one of the largest interactive gaming companies in the world. The company is the result of a 2008 merger between Vivendi and Activision, two of the largest video game producers at the time.
Activision Blizzard’s business is broken into three segments—Activision Publishing, Blizzard Entertainment, and King Digital Entertainment—with a robust portfolio of top-performing video game franchises. The company owns the rights to the Overwatch, Call of Duty, and World of Warcraft series of video games, among others.
The international video game producer reported approximately $8.10 billion in annual revenue for 2020, compared to nearly $6.50 billion in 2019.
| The 4 Largest Mutual Fund Holders of Activision Blizzard | |||
|---|---|---|---|
| Holder | # Shares | $ Value | Date Reported |
| Vanguard Total Stock Market Index Fund Admiral Shares | 21.90 million | $2 billion | Apr 30, 2021 |
| Vanguard 500 Index Fund Admiral Shares | 15.90 million | $1.45 billion | Apr 30, 2021 |
| The Growth Fund Of America | 15.40 million | 1.44 billion | Mar 31, 2021 |
| Fidelity Contrafund | 11 million | $1 billion | Mar 31, 2021 |
1. The Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX)
Activision Blizzard’s largest mutual fund holder is the Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX), which was created in 1992 as a way for investors to gain exposure to the entire U.S. stock market.
The VTSAX holds nearly 21.90 million shares of Activision Blizzard for a market value of approximately $2 billion as of April 30, 2021.
With $1.2 trillion in assets under management and an expense ratio of 0.04%, the VTSAX has a five-year annualized return of 17.67% as of April 30, 2021. The minimum investment requirement is $3,000.
For those who can’t meet the fund’s $3,000 initial investment requirement, Vanguard also offers an exchange traded fund (ETF) called the Vanguard Total Stock Market ETF (VTI). The VTI is similar to the VTSAX, but its initial investment requirement is only the price of one share.
2. The Vanguard 500 Index Fund Admiral Shares (VFIAX)
Activision Blizzard’s second-largest mutual fund holder is the Vanguard 500 Index Fund Admiral Shares (VFIAX), which owns 15.90 million shares with a market value of $1.45 billion as of April 30, 2021.
The VFIAX offers investors a low-cost way to access a diversified exposure to the U.S. stock market. With $732 billion in assets under management, the fund is made up of the 500 largest U.S. companies, which make up about 75% of the total U.S. equity market.
The VFIAX has an expense ratio of 0.04% and a five-year annualized return of 17.38% as of April 30, 2021. The minimum investment requirement is $3,000, but there’s an ETF version of this fund called the Vanguard S&P 500 ETF (VOO). The VOO’s initial investment requirement is the price of one share.
3. The Growth Fund of America (AGTHX)
The Growth Fund of America (AGTHX), which was launched in 1973, is the third-largest fund holder of Activision Blizzard’s stock. As of March 31, 2021, the fund owned more than 15.40 million shares for a market value of $1.44 billion, in which the stock represented .55% of the fund.
The Growth Fund of America has more than $273.60 billion in assets under management and has generated an average annual return of 19.25% per year over the last five years as of May 21, 2021. The fund’s expense ratio is 0.64% as of May 21, 2021.
4. The Fidelity Contrafund (FCNTX)
Activision Blizzard’s fourth-largest fund owner is the Fidelity Contrafund (FCNTX). The fund provides capital appreciation by investing in common stocks that are poised for growth and have a market value of over $10 billion.
The Fidelity Contrafund invests .78% of its fund in Activision Blizzard, owning more than 11 million shares for a market value of $1 billion as of March 31, 2021.
With nearly $119 billion in assets under management, the Fidelity Contrafund has an expense ratio of 0.86% as of March 01, 2021. The FCNTX has a five-year annual average return of 20.71% as of April 30, 2021.