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Institutional Investors Hold Sway Over Qifu Technology’s Stock By Investing.com

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Institutional investors continue to play a significant role in the ownership of Qifu Technology, owning approximately 49% of the company’s shares, according to data released on Thursday. The company’s recent market cap stands at US$2.7 billion, generating a substantial one-year return on investment (ROI) of 23% for these institutional shareholders.

The top nine shareholders, including Hongyi Zhou with a 14% stake and OLP Capital Management Limited with a 7.9% stake, collectively own half of the company. This concentrated ownership could potentially influence the company’s strategic decisions and its future direction.

Hedge funds also hold a notable position in Qifu Technology, with a 13% stake in the firm. This sizeable holding could give them potential leverage over management decisions. Meanwhile, private equity firms FountainVest Partners each hold a 6.2% stake in the company, further diversifying the institutional ownership.

The general public maintains a comparatively minor position in Qifu Technology, owning only 17% of the company. This smaller stake indicates that retail investors have less influence over the company’s decision-making compared to their institutional counterparts.

Overall, the distribution of ownership in Qifu Technology underscores the significant sway institutional investors hold over the company’s stock price and strategic decisions. With a considerable ROI already generated within a year, these major stakeholders continue to shape the trajectory of the tech firm.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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