Procter & Gamble Co. (NYSE: PG) is one of the largest consumer goods companies in the world. The company owns more than 50 brands including Tide, Gillette, Dawn, and Pantene. On October 19, 2018, P&G reported Q1FY19 earnings with net sales of $16.7 billion, pretty much flat compared to the prior year period. The company has a market cap of $215 billion.
Here are the top 3 mutual fund investors in P&G as per Morningstar.
Vanguard Total Stock Market Index Fund (VTSMX)
The largest mutual fund holder, the Vanguard Total Stock Market Index Fund ("VTSMX"), owns 63.2 million shares of P&G, which represents 2.54% of the total shares held in the company as of September 30, 2018. This mutual fund was founded in 1992 and designed to give broad exposure to the total US. stock market by including small-cap, mid-cap and large-cap growth and value stocks.
As of October 2018, VTSMX has 756 billion in assets under management (AUM) and invests 0.70% of its total assets in P&G. It has a five-year annualized return of 11.24%, an expense ratio of 0.14%, and the minimum investment is $3,000
Vanguard 500 Index Fund Investor Shares (VFINX)
The Vanguard 500 Index Fund ("VFINX") is the second-largest mutual fund holder of P&G with 45.5 million shares as of September 30, 2018. This accounts for 1.83% of the total shares held in P&G and represents 0.85% of VFINX's total assets. The fund is the industry's first index fund for individual investors and is invested in 509 stocks covering a diversified spectrum of the largest US. companies mirroring the Standard and Poor's 500 index (S&P 500).
As of October 2018, VFINX has total net assets of $459 billion, with an expense ratio of 0.14% and a turnover ratio of 3%. The fund has a five-year annualized return of 11.8% and requires a minimum investment of $3,000.
SPDR S&P 500 ETF (SPY)
SPY, a fund which aims to track the S&P 500 index and replicate it as closely as possible, owns 28.7 million shares of P&G as of September 30, 2018, making it the third largest investor in the company. This accounts for 0.85% of its total assets and 1.16% of total shares held in P&G. As of October 2018, the fund has total assets of $260 billion and an expense ratio of 0.09%. SPY has a five-year annualized return of 11.84%.