Pfizer Inc. (PFE) is a biopharmaceutical company and manufacturer of health care products including one of the approved COVID-19 vaccines. The publicly traded company owns several household brands—including Advil, Centrum, Lipitor, Lyrica, Prevnar, and Viagra—and manages a portfolio of health products. The company is one of the largest drugmakers, with a $214 billion market cap.
Unsurprisingly, the largest investors of Pfizer are mutual funds. Here are the company's four largest mutual fund owners:
- The top four mutual fund holders of Pfizer shares own 7.25% of the company.
- The Vanguard Total Stock Market Index is the top mutual fund holder of Pfizer shares with 2.8%.
- The four major mutual fund holders of Pfizer have all posted three-year annualized gains of 12% or better.
|Holder||Shares||% Out||$ Value|
|Vanguard Total Stock Market Index Fund||156,663,378||2.81%||5,766,778,944|
|Vanguard 500 Index Fund||111,377,540||2.00%||4,099,807,247|
|Vanguard Specialized-Health Care Fund||73,106,615||1.31%||2,624,527,478|
|Washington Mutual Investors Fund||63,033,324||1.13%||2,283,697,328|
The Vanguard Total Stock Market Index Fund (VTSAX)
The Vanguard Total Stock Market Index (VTSAX) was launched in April 1992. Since then, the fund's assets have grown to several hundred billion dollars. With 156.7 million shares of Pfizer as of Q1 2021, VTSAX is the company's largest mutual fund holder.
The Vanguard Total Stock Market Index Fund has a low 0.04% expense ratio and a minimum investment of $3,000.
The amount of Pfizer that is owned by Vanguard across all its funds.
The Vanguard 500 Index Fund (VFIAX)
The Vanguard 500 Index Fund Admiral Shares (VFIAX) seeks to provide investment results corresponding to the price and yield performance of the S&P 500 Index, its benchmark index, with a high degree of positive correlation. The fund was issued by Vanguard in August 1976 and has assets of several hundred billion dollars.
With 111.4 million shares, the fund is Pfizer's second-largest mutual fund shareholder. The Vanguard 500 Index Fund also has a 0.04% expense ratio and a minimum investment of $3,000.
The Vanguard Health Care Fund (VGFAX)
This actively managed fund from Vanguard offers investors low-cost exposure to domestic and foreign companies involved in various aspects of the health care industry, such as pharmaceutical firms, medical supply companies, and research firms.
The fund is the third-largest holder of PFE shares, owning just over 1.3% of the company. The fund has a relatively low 0.27% expense ratio, but a relatively larger $50,000 minimum investment.
The American Funds Washington Mutual Investors Fund (AWSHX)
The American Funds Washington Mutual Investors Funds (AWSHX) uses strict eligibility criteria to screen for companies across a broad array of industries with strong balance sheets and consistent dividends. The fund seeks to be fully invested and avoids companies that primarily derive revenue from alcohol or tobacco products. The fund holds 1.1% of outstanding Pfizer shares.