Top 4 Mutual Fund Holders of Activision Blizzard (ATVI)

Activision Blizzard, Inc. (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.

On January 18, 2022, Microsoft announced plans to acquire video game developer Activision Blizzard for $68.7 billion. The acquisition, Microsoft's largest, represents a substantial investment in gaming and the metaverse.

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 22.15 million $1.5 billion Dec. 31, 2021
The Growth Fund Of America 18.41 million $1.22 billion Dec. 31, 2021
Vanguard 500 Index Fund Admiral Shares 16.45 million 1.09 billion Dec. 31, 2021
Fidelity 500 Index Fund 7.59 million $445 million Nov. 30, 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 22.15 million shares of Activision Blizzard for a market value of approximately $1.5 billion as of Dec. 31, 2021.

With $1.4 trillion in assets under management and an expense ratio of 0.04%, the VTSAX has a five-year annualized return of 17.98% as of Dec. 31, 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 Growth Fund of America (AGTHX)

The Growth Fund of America (AGTHX), which was launched in 1973, is the second-largest fund holder of Activision Blizzard stock. As of Dec. 31, 2021, the fund owned more than 18.41 million shares for a market value of $1.22 billion, in which the stock represented 0.42% of the fund.

The Growth Fund of America has more than $292 billion in assets under management and has generated an average annual return of 19.46% per year over the last five years as of Dec. 31, 2021. The fund's expense ratio is 0.61% as of Jan. 18, 2022.

3. 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 16.45 million shares with a market value of $1.09 billion as of Dec. 31, 2021.

The VFIAX offers investors a low-cost way to access a diversified exposure to the U.S. stock market. With $856 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 18.43% as of Dec. 31, 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.

4. The Fidelity 500 Index Fund (FXAIX)

Activision Blizzard's fourth-largest fund owner is the Fidelity 500 Index Fund (FXAIX). The fund seeks to provide capital appreciation by investing primarily in common stocks in the S&P 500, which is broadly representative of the U.S. stock market.

The Fidelity 500 Index Fund invests 0.12% of its fund in Activision Blizzard, owning more than 6.68 million shares with a market value of $445 million as of Nov. 30, 2021.

With nearly $400 million in assets under management, the Fidelity 500 Index Fund has an expense ratio of 0.015% as of Jan. 18, 2022. The FXAIX has a five-year annual average return of 18.46% as of Dec. 31, 2021.

Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
  1. Activision Blizzard. "Vivendi and Activision to Create Activision Blizzard - World's Largest, Most Profitable Pure-Play Video Game Publisher." Accessed Jan. 18, 2022.

  2. Microsoft. "Microsoft to acquire Activision Blizzard to bring the joy and community of gaming to everyone, across every device." Accessed Jan. 18, 2022.

  3. Activision Blizzard. "Annual Report 2019," Pages 1 and 4-5. Accessed Jan. 22, 2022.

  4. Activision Blizzard. "Activision Blizzard Announces Fourth-Quarter and 2020 Financial Results," Page 1. Accessed Jan. 18, 2021.

  5. Vanguard. "Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX)." Accessed Jan. 18, 2022.

  6. Vanguard. "Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX), Portfolio Holdings." Accessed Jan. 18, 2022.

  7. Vanguard. "Vanguard Total Stock Market ETF (VTI)." Accessed Jan. 18, 2022.

  8. The Capital Group. "The Growth Fund of America, All Holdings." Accessed Jan. 18, 2022.

  9. The Capital Group. "The Growth Fund of America (AGTHX)." Accessed Jan. 18, 2022.

  10. Vanguard. "Vanguard 500 Index Fund Admiral Shares (VFIAX), Portfolio Holdings." Accessed Jan. 18, 2022.

  11. Vanguard. "Vanguard 500 Index Fund Admiral Shares (VFIAX)." Accessed Jan. 18, 2022.

  12. Vanguard. "Vanguard S&P 500 ETF (VOO)." Accessed Jan. 18, 2022.

  13. Fidelity. "Fidelity 500 Index Fund: Summary." Accessed Jan. 18, 2022.

  14. Fidelity. "Fidelity 500 Index Fund: Composition." Download "Prospectus & Reports." Accessed Jan. 18, 2022.

  15. Fidelity. "Fidelity 500 Index Fund: Performance & Risk." Accessed Jan. 18, 2022.

Take the Next Step to Invest
×
The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.
Service
Name
Description