Top Square (Block) Shareholders

Block Inc. (SQ), formerly Square, is an online payments and financial services company. It develops hardware and software to aid businesses operations, including point-of-sale hardware, payments processing and analytics software, a business debit card called Square Card, and a peer-to-peer payment service called Cash App. The company generates revenue through two reported segments: Cash App and Seller, the latter of which includes a variety of managed payment services, software, hardware, and other financial services.

The top Block shareholders are Jack Dorsey, Vanguard Group, FMR, LLC, and Blackrock Inc. Block’s trailing 12-month (TTM) revenue is $17.5 billion, with TTM net income of -$353.4 million and a market cap of $34.7 billion as of May 2023.

Key Takeaways

  • The top shareholders of Block are Jack Dorsey, Vanguard Group, FMR, LLC, and Blackrock Inc.
  • Jack Dorsey, the company's CEO, owns 9%.
  • The top five institutional investors own roughly 22% of the company.

Top 3 Individual Insider Shareholders

The shares mentioned below are directly owned by individual insider shareholders and do not count shares held indirectly or accessed through stock options.

When company insiders buy or sell company stock, they must file a Form 4 with the SEC disclosing the transaction. 13F forms are used for large money managers that hold more than $100 million in assets, while 13D or 13G forms are used for people or institutions which own more than 5% of a company's stock. Each of these forms provides a way for investors to track significant positions made by major investors.

"Insider" refers to people in senior management positions and members of the board of directors, as well as people or entities that own more than 10% of the company's stock. In this context, it has nothing to do with insider trading.

Jack Dorsey

Jack Dorsey owns 48.8 million shares of Block, representing 9% of total shares outstanding. Dorsey, whose net worth as of May 2023 was approximately $3.9 billion, co-founded social networking company Twitter Inc. (now X Corp.) in 2006, before selling the company to Elon Musk in 2022 for $43 billion. He co-founded Block in 2009 and also serves as CEO.

Roelof Botha

Roelof Botha owns 719,113 shares of Block as of May 2023, representing less than 0.01% of shares. Botha is the lead director on the board of Block and has been on the board since 2011. He also was chief financial officer at PayPal.

Alyssa Henry

Alyssa Henry owns 488,278 shares of Block, representing less than 0.01% of shares. Henry has served as the chief executive officer of Square since 2014. Previously, Henry held leadership roles at Amazon and Microsoft.

Top 3 Institutional Shareholders

Institutional investors hold the majority of Block shares, with about 22% of total shares outstanding held by the top five investors.

"Institutional" doesn't necessarily mean a financial institution. The term refers to the type of U.S. Securities and Exchange Commission (SEC) filings used to track major investments.

Vanguard Group Inc. 

Vanguard Group owns 35 million shares of Block representing 6.5% of total shares outstanding. The company is primarily a mutual fund and ETF management company with about $8 trillion in global AUM.


FMR, LLC holds 34 million shares representing 5.65% of shares outstanding as of March 2023. FMR offers brokerage, investment, and financial services and owns Fidelity Investments, which has $4.2 trillion in assets under management. Its Total Market Index Fund (FSKAX) holds about 900,000 shares of Block, making up less than 1% of the portfolio.

Blackrock Inc.

Blackrock Inc (BLK) owns 25.6 million shares of Block, representing 4.23% of total shares outstanding. The company is an investment firm that manages about $8 trillion in assets, offering mutual funds and iShares exchange-traded funds among other products.

Diversity & Inclusiveness of Square (Block)

As part of our effort to improve the awareness of the importance of diversity in companies, we offer investors a glimpse into the transparency of more than just who are the shareholders at Block. We highlight the company's commitment to diversity, inclusiveness, and social responsibility as a whole. Find out how Block reports the diversity of its management and workforce. The ✔ shows whether Block discloses its data about the diversity of its board of directors, C-Suite, general management, and employees overall across a variety of markets.

Block Diversity & Inclusiveness Reporting
  Race Gender Ability Veteran Status Sexual Orientation
Board of Directors          
General Management ✔ (U.S. Only)      
Employees ✔ (U.S. Only)    
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. U.S. SEC. "Form 10-Q."

  2. YCharts. "Block Inc (SQ)."

  3. WhaleWisdom. "Square Inc (SQ)."

  4. Forbes. "Jack Dorsey."

  5. Yahoo Finance. "Block, Inc. (SQ)."

  6. U.S. SEC. "Schedule 14A."

  7. Vanguard Group Inc. "Fast facts about Vanguard."

  8. Nasdaq. "SQ Institutional Holdings."

  9. Fidelity. "Fidelity by the Numbers: Assets Under Management."

  10. Fintel. "FSKAX - Fidelity Total Market Index Fund - Portfolio Holdings, AUM (13F, 13G)."

  11. Blackrock. "About Blackrock."

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.