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Top 3 Mutual Fund Holders of P&G

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 June 30, 2020, P&G reported Q2FY2020 earnings with net sales of $71.0 billion, and a 6% increase in organic sales growth.  The company also has a market cap of $341.34 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 69.6 million shares of P&G, which represents 2.81% of the total shares held in the company as of Oct. 27, 2020. 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 Sept. 30, 2020, VTSMX has $937.6 billion in assets under management (AUM) and invests 1.04% of its total assets in P&G.  It has a five-year annualized return of 13.56%, and an expense ratio of 0.14%. The fund is currently closed to new investors. 

Vanguard 500 Index Fund Investor Shares (VFINX)

The Vanguard 500 Index Fund (“VFINX”) is the second-largest mutual fund holder of P&G with 51 million shares as of Oct. 27, 2020. This accounts for 2.06% of the total shares held in P&G and represents 1.24% of VFINX’s total assets. The fund is the industry’s first index fund for individual investors and is invested in 500 stocks covering a diversified spectrum of the largest US. companies mirroring the Standard and Poor’s 500 index (S&P 500). 

As of Sept. 30, 2020, VFINX has total net assets of $573 billion, with an expense ratio of 0.14% and a turnover ratio of 3.9%.  The fund has a five-year annualized return of 14.0%, but it is currently closed to new investors.


SPY, a fund which aims to track the S&P 500 index and replicate it as closely as possible, owns 26.3 million shares of P&G as of Oct. 27, 2020, making it the third largest investor in the company. This accounts for 1.24% of its total assets and 1.06% of total shares held in P&G. As of Oct. 27, 2020, the fund has total assets of $293 billion and an expense ratio of 0.09%. SPY has a five-year annualized return of 13.98%.

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