Marvell Technology Group Ltd (MRVL) Ownership

68.54 ↑1.87 (2.80%)

As of May 3, 2024, 3:59pm EST.

Institutions
Mutual Funds

Institutional Ownership

FMR Inc is the biggest individual institutional holder of Marvell Technology Group Ltd (MRVL), owning a total of 129.7 million shares. Combined, the top 33 institutional holders of MRVL own 73.11% of the company with a total of 632.4 million shares.

In the latest ownership report on December 31st 2023, the top 33 institutional holders increased their combined ownership of MRVL by 24.5 million shares. 16 institutions bought 36,268,710 total additional shares and increased their ownership by an average of 18.39%. However 4 institutions sold 11,778,236 total shares and decreased their ownership by an average of 16.64%.

Overall this is a positive sign as the number of shares owned by the top 20 institutional holders of Marvell Technology Group Ltd increased by a net total of 24,490,474 in the latest quarter.

Institution Ownership Chart

Latest Institutional Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
FMR Inc	14.974%	0.196%	129,672,224	253,288	2023-12-31
Vanguard Group Inc	8.354%	2.684%	72,342,362	1,890,753	2023-12-31
BlackRock Inc	6.986%	1.748%	60,494,559	1,039,284	2023-12-31
Capital Research Global Investors	4.133%	0.521%	35,791,266	185,479	2023-12-31
Goldman Sachs Group Inc	3.770%	96.337%	32,644,406	16,017,678	2023-12-31
T. Rowe Price Investment Management,Inc.	3.066%	-0.549%	26,551,117	-146,534	2023-12-31
State Street Corporation	2.279%	3.653%	19,736,940	695,506	2023-12-31
Matrix Capital Management Company, LLC	1.739%	14.344%	15,055,500	1,888,676	2023-12-31
Ameriprise Financial Inc	1.707%	-0.005%	14,786,075	-791	2023-12-31
Brown Advisory Holdings Inc	1.705%	25.890%	14,764,957	3,036,495	2023-12-31
Geode Capital Management, LLC	1.531%	4.070%	13,258,812	518,539	2023-12-31
Pictet Asset Manangement SA	1.493%	22.576%	12,928,129	2,381,056	2023-12-31
ING Investment Management LLC	1.385%	29.718%	11,989,359	2,746,689	2023-12-31
HHG PLC	1.373%	8.555%	11,886,598	936,735	2023-12-31
JPMorgan Chase & Co	1.051%	-6.602%	9,098,660	-643,180	2023-12-31
Bank of America Corp	1.050%	0.159%	9,090,634	14,399	2023-12-31
Amvescap Plc.	0.998%	4.677%	8,645,654	386,279	2023-12-31
NORGES BANK	0.979%	66.503%	8,476,463	3,385,577	2023-12-31
Massachusetts Financial Services Company	0.916%	12.668%	7,935,630	892,277	2023-12-31
T. Rowe Price Associates, Inc.	0.867%	-59.413%	7,506,057	-10,987,731	2023-12-31

Top Institutions

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
FMR Inc	14.974%	0.196%	129,672,224	253,288	2023-12-31
Vanguard Group Inc	8.354%	2.684%	72,342,362	1,890,753	2023-12-31
BlackRock Inc	6.986%	1.748%	60,494,559	1,039,284	2023-12-31
Capital Research Global Investors	4.133%	0.521%	35,791,266	185,479	2023-12-31
Goldman Sachs Group Inc	3.770%	96.337%	32,644,406	16,017,678	2023-12-31
OFI Invest Asset Management	3.617%	0.000%	31,209,298	31,209,298	2023-03-31
T. Rowe Price Investment Management,Inc.	3.066%	-0.549%	26,551,117	-146,534	2023-12-31
State Street Corporation	2.279%	3.653%	19,736,940	695,506	2023-12-31
Matrix Capital Management Company, LLC	1.739%	14.344%	15,055,500	1,888,676	2023-12-31
Ameriprise Financial Inc	1.707%	-0.005%	14,786,075	-791	2023-12-31
Brown Advisory Holdings Inc	1.705%	25.890%	14,764,957	3,036,495	2023-12-31
Geode Capital Management, LLC	1.531%	4.070%	13,258,812	518,539	2023-12-31
Pictet Asset Manangement SA	1.493%	22.576%	12,928,129	2,381,056	2023-12-31
ING Investment Management LLC	1.385%	29.718%	11,989,359	2,746,689	2023-12-31
HHG PLC	1.373%	8.555%	11,886,598	936,735	2023-12-31
Fisher Asset Management, LLC	1.355%	2,626.790%	11,556,965	11,133,134	2022-09-30
JPMorgan Chase & Co	1.051%	-6.602%	9,098,660	-643,180	2023-12-31
Bank of America Corp	1.050%	0.159%	9,090,634	14,399	2023-12-31
Amvescap Plc.	0.998%	4.677%	8,645,654	386,279	2023-12-31
NORGES BANK	0.979%	66.503%	8,476,463	3,385,577	2023-12-31
DZ BANK AG Deutsche Zentral-Genossenschaftsbank Fr	0.933%	3.317%	7,960,299	255,573	2022-09-30
Massachusetts Financial Services Company	0.916%	12.668%	7,935,630	892,277	2023-12-31
Wellington Management Company LLP	0.908%	-54.467%	7,806,994	-9,338,836	2023-03-31
T. Rowe Price Associates, Inc.	0.867%	-59.413%	7,506,057	-10,987,731	2023-12-31
Morgan Stanley - Brokerage Accounts	0.808%	-16.915%	6,972,943	-1,419,583	2023-06-30
UBS Asset Mgmt Americas Inc	0.689%	13.533%	5,953,139	709,598	2023-09-30
Fred Alger Management, LLC	0.653%	69.027%	5,609,779	2,290,919	2022-12-31
Northern Trust Corp	0.643%	2.138%	5,557,215	116,337	2023-09-30
Amundi	0.644%	9.840%	5,539,605	496,278	2022-12-31
American Century Companies Inc	0.634%	-21.916%	5,468,562	-1,534,827	2023-06-30
Nuveen Asset Management, LLC	0.632%	-12.866%	5,431,687	-802,006	2022-12-31
Bank of New York Mellon Corp	0.633%	-14.073%	5,416,577	-887,143	2022-12-31
Legal & General Group PLC	0.613%	9.056%	5,226,496	434,000	2022-06-30

Mutual Fund Ownership

Fidelity® Blue Chip Growth is the biggest individual fund holder of Marvell Technology Group Ltd (MRVL), owning a total of 27.7 million shares. Combined, the top 45 mutual fund holders of MRVL own 51.36% of the company with a total of 443.9 million shares.

In the latest ownership report on March 31st 2024, the top 45 fund holders increased their combined ownership of MRVL by 744 thousand shares. 3 funds bought 328,582 total additional shares and increased their ownership by an average of 1.17%. However 3 funds sold 1,072,293 total shares and decreased their ownership by an average of 2.99%.

Overall this is a negative sign as the number of shares owned by the top 20 mutual funds holding Marvell Technology Group Ltd decreased by a net total of -743,711 in the latest report.

Mutual Funds Chart

Latest Mutual Fund Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Invesco QQQ Trust	1.871%	0.000%	16,204,673	0	2024-03-31
Vanguard Institutional Extnd Mkt Idx Tr	1.491%	1.101%	12,912,921	140,621	2024-03-31
T. Rowe Price Mid-Cap Growth	1.441%	-3.183%	12,477,700	-410,200	2024-03-31
T. Rowe Price US Mid-Cap Growth Equity	1.441%	-3.183%	12,477,700	-410,200	2024-03-31
Vanguard Mid Cap Index Institutional	1.084%	-2.613%	9,388,248	-251,893	2024-03-31
Vanguard Growth Index Investor	0.947%	2.218%	8,197,875	177,861	2024-03-31
State St Russell Sm/Mid Cp® Indx NL Cl C	0.606%	0.193%	5,251,094	10,100	2024-03-31

Top Mutual Funds

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Fidelity® Blue Chip Growth	3.205%	0.000%	27,703,717	0	2023-11-30
Fidelity Blue Chip Growth	3.190%	0.000%	27,627,917	0	2024-02-29
Vanguard Total Stock Mkt Idx Inv	3.126%	-0.216%	27,073,436	-58,720	2024-02-29
Vanguard Instl Ttl Stck Mkt Idx Tr	3.067%	2.006%	26,463,856	520,290	2023-03-31
Invesco QQQ Trust	1.871%	0.000%	16,204,673	0	2024-03-31
Capital Group Growth Fnd of Amer Comp	1.710%	0.000%	14,808,569	0	2023-12-31
American Funds Growth Fund of Amer A	1.710%	0.000%	14,808,569	0	2023-12-31
Fidelity Select Semiconductors	1.615%	0.155%	13,983,308	21,600	2024-02-29
Select Semiconductors	1.611%	0.024%	13,926,173	3,400	2023-11-30
Fidelity® Select Semiconductors	1.611%	0.034%	13,922,773	4,700	2023-10-31
Vanguard Institutional Extnd Mkt Idx Tr	1.491%	1.101%	12,912,921	140,621	2024-03-31
T. Rowe Price Mid-Cap Growth	1.441%	-3.183%	12,477,700	-410,200	2024-03-31
T. Rowe Price US Mid-Cap Growth Equity	1.441%	-3.183%	12,477,700	-410,200	2024-03-31
Vanguard Extended Market Index Investor	1.389%	0.274%	11,982,746	32,705	2023-08-31
Fidelity OTC	1.188%	0.000%	10,286,519	0	2024-02-29
Fidelity® OTC	1.190%	0.000%	10,286,519	0	2023-11-30
Vanguard Mid Cap Index Institutional	1.084%	-2.613%	9,388,248	-251,893	2024-03-31
Fidelity Select Technology	1.027%	0.234%	8,896,760	20,800	2024-02-29
Fidelity® Select Technology	1.022%	0.000%	8,837,674	0	2023-10-31
Select Technology	1.022%	0.000%	8,837,674	0	2023-10-31
Vanguard Growth Index Investor	0.947%	2.218%	8,197,875	177,861	2024-03-31
Capital Group Investment Co of Amer Comp	0.826%	0.000%	7,148,471	0	2023-12-31
American Funds Invmt Co of Amer A	0.826%	0.000%	7,148,471	0	2023-12-31
Capital Group AMCAP Composite	0.812%	0.000%	7,030,352	0	2023-12-31
VA CollegeAmerica Amcap 529A	0.812%	0.000%	7,030,352	0	2023-12-31
iShares Semiconductor ETF	0.788%	-1.918%	6,823,618	-133,430	2024-03-28
Fidelity® Puritan®	0.683%	0.000%	5,899,991	0	2023-10-31
Fidelity Puritan	0.678%	-0.100%	5,874,735	-5,862	2024-01-31
Pictet - Robotics I dy EUR	0.642%	36.678%	5,560,842	1,492,284	2023-12-31
Vanguard Wellington™ Inv	0.648%	0.000%	5,549,560	0	2023-01-31
Fidelity® Blue Chip Growth K6	0.638%	0.000%	5,511,991	0	2023-11-30
Fidelity Blue Chip Growth K6	0.634%	0.369%	5,493,973	20,200	2024-02-29
Fidelity Series Blue Chip Growth	0.623%	0.000%	5,397,495	0	2024-02-29
Fidelity® Series Blue Chip Growth	0.625%	0.088%	5,377,995	4,700	2023-05-31
State St Russell Sm/Mid Cp® Indx NL Cl C	0.606%	0.193%	5,251,094	10,100	2024-03-31
Allianz Global Artfcl Intlgc W EUR	0.604%	0.250%	5,195,013	12,935	2023-04-30
T. Rowe Price US Large-Cap Core Grwth Eq	0.588%	-5.249%	5,011,619	-277,641	2022-09-30
T. Rowe Price US Lrg-Cap Core Gr Eq Comp	0.562%	-3.934%	4,814,486	-197,133	2022-12-31
T. Rowe Price Blue Chip Growth	0.562%	-3.934%	4,814,486	-197,133	2022-12-31
Vanguard Information Technology ETF	0.557%	-1.126%	4,791,133	-54,576	2023-06-30
T. Rowe Price US Growth Stock Composite	0.554%	0.000%	4,763,707	4,763,707	2023-03-31
T. Rowe Price Growth Stock	0.554%	0.000%	4,763,707	4,763,707	2023-03-31
Columbia Seligman Technology Growth	0.533%	-5.645%	4,579,353	-273,971	2023-03-31
VanEck Semiconductor ETF	0.532%	2.320%	4,535,172	102,816	2022-12-30
BGF World Technology A2	0.521%	-2.544%	4,442,501	-115,942	2022-10-31