Every investor in Li-Cycle Holdings Corp. (NYSE:LICY) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 37% to be precise, is institutions. Put another way, the group faces the maximum upside potential (or downside risk).
And so it follows that institutional investors was the group most impacted after the company's market cap fell to US$982m last week after a 5.6% drop in the share price. This set of investors may especially be concerned about the current loss, which adds to a one-year loss of 53% for shareholders. Often called "market makers", institutions wield significant power in influencing the price dynamics of any stock. As a result, if the decline continues, institutional investors may be pressured to sell Li-Cycle Holdings which might hurt individual investors.
Let's take a closer look to see what the different types of shareholders can tell us about Li-Cycle Holdings.
View our latest analysis for Li-Cycle Holdings

NYSE:LICY Ownership Breakdown December 7th 2022
What Does The Institutional Ownership Tell Us About Li-Cycle Holdings?
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
We can see that Li-Cycle Holdings does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Li-Cycle Holdings' historic earnings and revenue below, but keep in mind there's always more to the story.

NYSE:LICY Earnings and Revenue Growth December 7th 2022
It would appear that 8.4% of Li-Cycle Holdings shares are controlled by hedge funds. That catches my attention because hedge funds sometimes try to influence management, or bring about changes that will create near term value for shareholders. Looking at our data, we can see that the largest shareholder is the CEO Ajay Kochhar with 14% of shares outstanding. For context, the second largest shareholder holds about 8.4% of the shares outstanding, followed by an ownership of 6.5% by the third-largest shareholder. Interestingly, the third-largest shareholder, Tim Johnston is also a Chairman of the Board, again, indicating strong insider ownership amongst the company's top shareholders.
We also observed that the top 10 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of Li-Cycle Holdings
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
Our most recent data indicates that insiders own a reasonable proportion of Li-Cycle Holdings Corp.. It has a market capitalization of just US$982m, and insiders have US$262m worth of shares in their own names. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling.
General Public Ownership
The general public-- including retail investors -- own 27% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.
Next Steps:
While it is well worth considering the different groups that own a company, there are other factors that are even more important. Case in point: We've spotted 1 warning sign for Li-Cycle Holdings you should be aware of.
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Li週期控股公司(紐約證券交易所代碼:LICE)的每一位投資者都應該知道最強大的股東羣體。持有該公司股份最多的集團,準確地説約為37%,是機構。換句話説,該集團面臨着最大的上行潛力(或下行風險)。
因此,機構投資者是受影響最大的羣體,上週該公司市值在股價下跌5.6%後跌至9.82億美元。這羣投資者可能尤其擔心當前的虧損,這增加了股東一年來53%的虧損。機構通常被稱為“做市商”,在影響任何股票的價格動態方面擁有巨大的影響力。因此,如果跌勢持續,機構投資者可能會被迫拋售Li週期控股,這可能會損害個人投資者的利益。
讓我們仔細看看不同類型的股東能告訴我們關於Li-週期控股的什麼。
查看我們對Li的最新分析-週期控股

紐約證券交易所:LICE所有權明細2022年12月7日
關於Li-循環控股,機構持股告訴了我們什麼?
許多機構以一個接近當地市場的指數來衡量它們的表現。因此,他們通常更關注那些被納入主要指數的公司。
我們可以看到,Li週期控股確實有機構投資者,他們持有公司很大一部分股票。這意味着為這些機構工作的分析師已經看過了這隻股票,他們喜歡它。但就像其他人一樣,他們也可能錯了。當多家機構持有一隻股票時,它們總是面臨“擁擠交易”的風險。當這樣的交易出錯時,多方可能會競相快速拋售股票。在一家沒有增長曆史的公司,這一風險更高。你可以在下面看到Li週期控股的歷史收益和收入,但請記住,故事中總是有更多的東西。

紐約證券交易所:2022年12月7日盈利和收入增長
Li週期控股8.4%的股份似乎由對衝基金控制。這引起了我的注意,因為對衝基金有時會試圖影響管理層,或者帶來為股東創造短期價值的變化。查看我們的數據,我們可以看到,最大的股東是首席執行官阿賈伊·科赫哈爾,他持有14%的流通股。作為參考,第二大股東持有約8.4%的流通股,第三大股東持有6.5%的股份。有趣的是,第三大股東蒂姆·約翰斯頓也是董事會主席,這再次表明公司的大股東擁有強大的內部人所有權。
我們還觀察到,前十大股東佔股東名冊的一半以上,少數小股東在一定程度上平衡了大股東的利益。
研究機構持股是衡量和篩選股票預期表現的好方法。通過研究分析師的情緒,也可以達到同樣的效果。相當多的分析師追蹤這隻股票,所以你可以很容易地研究預測增長。
Li的內部人所有權-週期控股
儘管對內部人的準確定義可能是主觀的,但幾乎每個人都認為董事會成員是內部人。公司管理層管理企業,但首席執行官將向董事會負責,即使他或她是董事會成員。
大多數人認為內部人持股是積極的,因為它可以表明董事會與其他股東很好地結盟。然而,在某些情況下,太多的權力集中在這個羣體中。
我們的最新數據顯示,內部人士持有Li週期控股有限公司合理比例的股份。它的市值僅為9.82億美元,內部人士以自己的名義持有價值2.62億美元的股票。這可能表明,創始人仍持有大量股份。您可以單擊此處查看他們是在買入還是在賣出。
一般公有制
包括散户投資者在內的普通公眾持有該公司27%的股份,因此不能輕易忽視。這種規模的所有權雖然可觀,但如果決策與其他大股東不同步,可能不足以改變公司政策。
接下來的步驟:
雖然考慮擁有一家公司的不同集團是很值得的,但還有其他更重要的因素。一個恰當的例子:我們發現了Li的1個警告標誌-循環控股你應該意識到。
最終未來是最重要的。您可以訪問此免費分析師對該公司的預測報告。
注:本文中的數字是使用過去12個月的數據計算的,指的是截至財務報表日期的最後一個月的12個月期間。這可能與全年的年度報告數字不一致。
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本文由Simply Wall St.撰寫,具有概括性。我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議。它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況。我們的目標是為您帶來由基本面數據驅動的長期重點分析。請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內。Simply Wall St.對上述任何一隻股票都沒有持倉。