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$P
$138.84 +$7.51 (5.71%) Live

Ownership

13F as of Q2 2026 · 333.2M shares outstanding

Who owns P?

By type of holder
Institutions 82.6% Insiders 0.0% Everyone else 17.4%
Concentration Top 10 holders own 46.2%
FMR LLC 15.0% · BlackRock, Inc. 10.4%
Institutional ownership
82.6%
+1.3 pts vs last qtr
Institutional holders
811
+45 vs last qtr
Net shares bought
+4.4M
by institutions in Q2 2026
New / sold out
131 / 86
positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026
  • Norges Bank NEW +3.9M
  • Invesco Ltd. +2.3M

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Biggest sellers in Q2 2026
  • BlackRock, Inc. −1.6M
  • Artisan Partners Limited Partnership −1.5M

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Who is planning to sell?

Notices of proposed sale, last 12 months
$344M
63 notices from 17 people
Shares covered
3.6M
1.07% of the company
Arranged in advance
94%
of the value is under a 10b5-1 plan
Under a 10b5-1 plan No plan
$0$37.0M$74.1MNov 2025: $9.0M under a 10b5-1 planNovDec 2025: $7.5M under a 10b5-1 planDec 2025: $482.5K without a planDecJan 2026: $278.2K without a planJanFebMarApr 2026: $13.9M under a 10b5-1 planAprMay 2026: $70.8M under a 10b5-1 planMayJun 2026: $8.1M under a 10b5-1 planJun 2026: $707.7K without a planJunJul 2026: $18.9M under a 10b5-1 planJul 2026: $1.5M without a planJulAug 2026: $74.1M under a 10b5-1 planAugSep 2026: $61.4M under a 10b5-1 planSep 2026: $5.3M without a planSepOct 2026: $59.0M under a 10b5-1 planOct 2026: $13.2M without a planOct
Largest proposed sellers
  • The Colgrove Fam Charitable Rem Tru/a DTD 04/05/2024 Director 10b5-1 $143M
  • Charles Giancarlo Director 10b5-1 $80.3M

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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, FY2020–FY2026
+35.7%
+5.22% a year
Each share's claim on the business
−26.3%
shrank without buying or selling a share
Spent on buybacks vs paid in stock
$1.42B vs $2.32B
over 7 fiscal years
Diluted shares, split-adjusted
245.2M295.8M346.4M2020: 252.8M shares'202021: 267.8M shares'212022: 285.9M shares'222023: 339.2M shares'232024: 332.6M shares'242025: 342.7M shares'252026: 343.0M shares'26
Buybacks Stock-based comp
$0$240.8M$481.7M2020 buybacks: $15.0M2020 stock comp: $226.7M'202021 buybacks: $135.2M2021 stock comp: $242.3M'212022 buybacks: $200.2M2022 stock comp: $287.0M'222023 buybacks: $219.1M2023 stock comp: $327.6M'232024 buybacks: $135.8M2024 stock comp: $331.4M'242025 buybacks: $374.0M2025 stock comp: $421.3M'252026 buybacks: $342.6M2026 stock comp: $481.7M'26

How patient are the owners?

Institutional shares by how long they've been held
5+ years74% 3–5 years9% 1–3 years9% Under 1 year8%
Quarterly turnover
8.7%
of institutional shares changed hands
Top 10 managers, median time held
5 years

Super Investors

Investment managers reporting P on Form 13F
F
FMR LLC
Shares
49.9M
% of company
14.96%
Change vs last qtr
+291.6K (+0.6%)
Held since
≤2021
B
BlackRock, Inc.
Shares
34.7M
% of company
10.42%
Change vs last qtr
−1.6M (−4.3%)
Held since
≤2021

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Institutional Funds

Mutual funds and ETFs reporting P on Form N-PORT; together they hold 36.0% of the company
FG
Fidelity Mt. Vernon Street Trust
Position value
$1.59B
% of company
5.13%
% of the fund
1.62%
As of
August 31, 2026
IC
Position value
$851M
% of company
3.24%
% of the fund
0.68%
As of
June 30, 2026

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