Vanguard Group Increases GameStop Position, Surpassing CEO Ryan Cohen's Stake
Vanguard Group increased its shareholding in GameStop to 8.7%, becoming the largest institutional shareholder.
A regulatory document shows that the asset management giant Vanguard has recently increased its shareholding in gamestop, now holding more shares than the company CEO Ryan Cohen's RC Ventures. According to a submission to the USA Securities and Exchange Commission (SEC), Vanguard currently holds 37.1 million stocks of gamestop, accounting for 8.7% of the company's shares. Previously, Vanguard held 29.69 million stocks, accounting for 6.87% of the shares, already being the largest institutional investor in gamestop. In comparison,
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