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$GAP
$22.26 -$0.06 (0.27%) Close

Ownership

13F as of Q2 2026 · 351.3M shares outstanding

Who owns GAP?

By type of holder
Institutions 62.4% Insiders 37.6% Everyone else 0.0%
Concentration Top 10 holders own 64.7%
William S. Fisher 13.5% · John J. Fisher 13.0%
Institutional ownership
62.4%
-3.0 pts vs last qtr
Institutional holders
486
-6 vs last qtr
Net shares bought
−10.5M
by institutions in Q2 2026
New / sold out
90 / 96
positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026
  • Arrowstreet Capital, Limited Partnership +4.5M
  • Norges Bank NEW +3.4M

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Biggest sellers in Q2 2026
  • DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main −14.0M
  • Ameriprise Financial Inc −8.9M

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Who is planning to sell?

Notices of proposed sale, last 12 months
$70.1M
15 notices from 6 people
Shares covered
2.7M
0.78% of the company
Arranged in advance
6%
of the value is under a 10b5-1 plan
Under a 10b5-1 plan No plan
$0$13.7M$27.3MNov 2025: $7.0M without a planNovDec 2025: $27.3M without a planDecJanFebMar 2026: $4.5M under a 10b5-1 planMarApr 2026: $7.6M without a planAprMayJunJulAugSep 2026: $1.5M without a planSepOct 2026: $22.1M without a planOct
Largest proposed sellers
  • William S. Fisher Director $37.1M
  • John J. Fisher 10% stockholder $14.7M

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Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2017–FY2026
−4.0%
−0.45% a year
Each share's claim on the business
+4.2%
grew without buying or selling a share
Spent on buybacks vs paid in stock
$1.47B vs $943M
over 10 fiscal years
Diluted shares, split-adjusted
356.0M380.0M404.0M2017: 400.0M shares'172018: 396.0M shares'182019: 388.0M shares'192020: 378.0M shares'202021: 374.0M shares'212022: 383.0M shares'222023: 367.0M shares'232024: 376.0M shares'242025: 384.0M shares'252026: 384.0M shares'26
Buybacks Stock-based comp
$0$199.0M$398.0M2017 buybacks: $02017 stock comp: $76.0M'172018 buybacks: $315.0M2018 stock comp: $87.0M'182019 buybacks: $398.0M2019 stock comp: $91.0M'192020 buybacks: $200.0M2020 stock comp: $68.0M'202021 buybacks: $02021 stock comp: $77.0M'212022 buybacks: $201.0M2022 stock comp: $139.0M'222023 buybacks: $123.0M2023 stock comp: $37.0M'232024 buybacks: $02024 stock comp: $80.0M'242025 buybacks: $75.0M2025 stock comp: $126.0M'252026 buybacks: $155.0M2026 stock comp: $162.0M'26

How patient are the owners?

Institutional shares by how long they've been held
5+ years68% 3–5 years10% 1–3 years7% Under 1 year14%
Quarterly turnover
21.0%
of institutional shares changed hands
Top 10 managers, median time held
5 years

Super Investors

Investment managers reporting GAP on Form 13F
B
BlackRock, Inc.
Shares
23.0M
% of company
6.54%
Change vs last qtr
+969.7K (+4.4%)
Held since
≤2021
DF
Dimensional Fund Advisors LP
Shares
16.2M
% of company
4.61%
Change vs last qtr
+1.9M (+13.6%)
Held since
≤2021

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Institutional Funds

Mutual funds and ETFs reporting GAP on Form N-PORT; together they hold 32.1% of the company
IC
Position value
$143M
% of company
2.17%
% of the fund
0.11%
As of
June 30, 2026
VT
Position value
$141M
% of company
2.15%
% of the fund
0.01%
As of
June 30, 2026

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Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G
WS
William S. Fisher
5%+ holder13D · 13.5%
Shares
47.4M
% of company
13.49%
Change vs last qtr
—
Held since
—
JJ
John J. Fisher
5%+ holder13D · 13.0%
Shares
45.8M
% of company
13.04%
Change vs last qtr
—
Held since
—

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