A large listed company rarely has one owner you can point to. Its shares are spread across index funds, asset managers, its own executives and the brokerage accounts of ordinary savers. Because that spread matters to everyone else who holds the stock, US rules make the biggest holders and the company's insiders report what they own and when they trade.
Those reports arrive on different schedules and in different forms, so two websites can list different top holders on the same day. A chief executive's share sale can also make headlines as fresh news. Sometimes, though, the sale was set up in a written plan months before it happened.
Reading ownership well comes down to three questions you can ask of any figure: who filed it, what date it describes, and whether the trade behind it was planned. With those answers, a holder list stops being a ranking and becomes a dated record of who reported what, and when.
AMD is a clear case in 2026, for two reasons. One of its two biggest fund managers changed how it reports in January, and its chief executive sells shares under written plans. On BloFin, the AMDUSDT Perpetual lets you trade AMD's price. As a contract with no expiry date, it tracks the stock without putting you on any list of owners.
What is AMD's ownership structure?
AMD's ownership structure is that of a widely held company with no controlling owner. Stock Analysis puts institutional investors at 74.08% of AMD's shares and insiders at 0.44% (source: Stock Analysis). The largest single filer, BlackRock, held 150.3 million shares at June 30, 2026 (source: Nasdaq).
An institutional investor is a firm that invests money for other people, such as an asset manager, a bank or a fund company. Nasdaq builds its institutional figures from Form 13F, the quarterly list of holdings that large fund managers file with the US Securities and Exchange Commission, or SEC (source: Nasdaq). So each of those figures describes the end of a past quarter. An insider is one of a company's officers or directors, or anyone who holds more than 10% of a class of its shares (source: Investor.gov). BlackRock, AMD's largest holder in the latest filings, held under 10%, so AMD's insiders are its officers and directors.
Different sites count these groups differently: Yahoo Finance puts institutions at 75.40% of AMD's shares and insiders at 0.42% (source: Yahoo Finance). Split into three groups, AMD's holders break down like this, each with the date behind its figure:
Group holding AMD shares | Share of AMD | Date and basis |
|---|---|---|
Institutional investors | about 74% to 75% (74.08% on Stock Analysis, 75.40% on Yahoo Finance) | 13F positions at June 30, 2026, the latest filed |
AMD insiders (officers and directors) | 0.44% on Stock Analysis, 0.42% on Yahoo Finance | the latest figure on each site, which gives no as-of date |
Everyone else holding AMD shares | about a quarter, worked out as the remainder | individuals holding through brokers, managers too small to file a 13F, and others |
All three groups hold the same AMD common stock, so what one AMD share gives you is the same whichever group you are in. AMD's own count of its insiders is higher and comes from AMD's proxy statement, the report it sends shareholders before its annual meeting. The 2026 proxy gave 8,107,566 shares for its 16 directors and executive officers as a group on March 19, 2026, counting options and awards due within 60 days (source: AMD proxy, 2026). Options are rights to buy shares at a set price. Against the 1,630,338,779 shares outstanding on March 19, that works out to about 0.5%.
Each of these percentages rests on a share count that moves. AMD's share count is up 1.07% from a year earlier (source: Stock Analysis). AMD also buys back its own stock under a repurchase program, one of the ways AMD returns cash to its shareholders (source: AMD 10-K, 2025).
Owning AMD means holding its shares, so the customers that buy AMD's AI chips count as owners only if they also hold its stock. Two companies sit just outside the list for now. On October 5, 2025, AMD issued OpenAI a warrant covering as many as 160 million shares (source: AMD 8-K, October 2025). A warrant gives the holder the right to buy shares at a fixed price in the future. Meta received its own warrant, also capped at 160 million shares, on February 23, 2026 (source: AMD 8-K, February 2026). Until they exercise, both companies are AMD warrant holders and own none of those shares.
AMD's largest shareholders
BlackRock was AMD's largest shareholder in the latest 13F filings, with 150.3 million shares at June 30, 2026. Vanguard Capital Management came second with 106.5 million, followed by State Street with 74.4 million and Invesco with 53.2 million (source: Nasdaq). Each figure describes June 30 and was filed up to 45 days later.
Nasdaq's list of AMD's largest institutional holders includes these positions, all dated June 30, 2026. The share column divides each position by 1,632,475,042, the number of AMD shares outstanding at July 29, 2026 (source: AMD 10-Q, Q2 2026).
AMD holder (as filed) | AMD shares at June 30, 2026 | Share of AMD, worked out | Change in the quarter |
|---|---|---|---|
BlackRock | 150,301,510 | 9.2% | +4,727,226 (+3.2%) |
Vanguard Capital Management | 106,500,177 | 6.5% | +559,911 (+0.5%) |
State Street | 74,361,687 | 4.6% | −409,533 (−0.5%) |
Invesco | 53,171,203 | 3.3% | +2,728,005 (+5.4%) |
JPMorgan Chase | 40,309,233 | 2.5% | +16,060,686 (+66.2%) |
Geode Capital Management | 39,568,601 | 2.4% | −222,485 (−0.6%) |
Vanguard Portfolio Management | 37,929,920 | 2.3% | +326,245 (+0.9%) |
T. Rowe Price Associates | 35,938,258 | 2.2% | +7,091,788 (+24.6%) |
FMR | 25,558,552 | 1.6% | +10,269,781 (+67.2%) |
Morgan Stanley | 24,286,371 | 1.5% | +504,763 (+2.1%) |
Norges Bank | 23,361,170 | 1.4% | +344,210 (+1.5%) |
More managers added to AMD than cut back in that quarter. Nasdaq counts 2,349 holders that increased their positions by a combined 132.7 million shares and 1,661 that reduced theirs by 69.9 million. Another 1,006 managers opened new positions and 146 sold out entirely (source: Nasdaq). Among the largest holders, FMR added 67.2% and JPMorgan Chase 66.2%, while State Street and Geode each trimmed by under 1%. A 13F records what a manager held at the quarter end and gives no reason for any change.
Part of each position sits inside funds that follow a market index. Yahoo Finance's list of AMD's largest fund holders opened with the Vanguard Total Stock Market Index Fund, the Vanguard 500 Index Fund and the Invesco QQQ Trust (source: Yahoo Finance). If you own one of the funds that hold AMD, the fund's manager reports those shares, and your own name appears on no holder list.
Why Vanguard appears twice in AMD's holder list
Vanguard shows up as two holders because of a change in how it reports. On January 12, 2026, The Vanguard Group went through an internal realignment. Since then, some of its subsidiaries report the shares they can vote or sell, called beneficial ownership, separately from the parent (source: Vanguard 13G/A, March 2026). The same filing reports 0 AMD shares for The Vanguard Group itself, and it says those subsidiaries follow the same investment strategies as before (source: Vanguard 13G/A, March 2026).
Vanguard Capital Management then filed its own Schedule 13G, a short ownership report for holders of more than 5%. It showed 122,092,206 AMD shares, or 7.48%, at March 31, 2026, counting shares of several named Vanguard affiliates too (source: Vanguard Capital Management 13G, April 2026). In the 13F lists, Vanguard's two filers together held 144,430,097 shares at June 30, 2026, which works out to just under 9% of AMD, a little behind BlackRock's 9.2%.
That split explains most of the gap between holder sites. Nasdaq shows institutions at 82.80%, far higher than the 74.08% on Stock Analysis and the 75.40% on Yahoo Finance. Nasdaq's list still carries an entry for Vanguard Group Inc of 158,522,860 shares, dated December 31, 2025, beside the two Vanguard companies' June 30 entries (source: Nasdaq).
Say you take that old entry out of Nasdaq's total of 1,351,617,097 shares held. You are left with 1,193,094,237 shares, about 73.1% of AMD's 1,632,475,042 shares, which lands close to the other two sites. None of the three sites publishes that 73.1%; it is your own arithmetic, and it shows the size of the double count. When you compare AMD holder figures across sites, add Vanguard's entries yourself and check the date on every entry first.
13F filings and the 45-day lag in AMD's holder list
A 13F is the quarterly holdings report that every fund manager with $100 million or more in the securities the rule covers must file with the SEC. Each one is due within 45 days after the quarter ends, so AMD holder lists keep describing June 30 until the filings for September 30 arrive (source: SEC).
Say you look up AMD's holders on November 13, 2026, the day before the next deadline. The June 30 positions were due by August 14, and the next round, for September 30, is due by November 14, 2026 (source: SEC). Nasdaq notes that most updates arrive near the 45th day (source: Nasdaq). So most of the figures you see on November 13 still describe June 30, 136 days earlier, and the new round is only starting to land.
Large holders and insiders report on schedules of their own. A holder that owns more than 5% of a company's voting shares must file a Schedule 13D, or the shorter Schedule 13G if it qualifies. A beneficial owner is anyone who directly or indirectly shares the power to vote a security or to sell it (source: Investor.gov, Schedule 13G).
AMD's proxy statement also lists its holders of more than 5% as of March 19, 2026. It shows The Vanguard Group with 142,442,745 shares, or 8.8%, and BlackRock with 124,945,206, or 7.7%. Its footnotes say those figures come from 13G amendments filed on February 13, 2024 and February 1, 2024 (source: AMD proxy, 2026). A table dated 2026 can carry figures from two years earlier.
AMD ownership filing | Who files it | What it shows | Latest one for AMD |
|---|---|---|---|
Form 13F | fund managers with $100 million or more in covered securities | every covered holding at quarter end, filed within 45 days | positions at June 30, 2026 |
Schedule 13G | holders of more than 5% who qualify for the short form | shares owned, and the power to vote or sell them | Vanguard Capital Management, filed April 29, 2026, for March 31, 2026 |
AMD proxy statement | AMD | holdings of its 5% holders, directors and executive officers | filed March 27, 2026, with holdings as of March 19, 2026 and 5% figures from 13Gs filed in February 2024 |
Form 4 | officers, directors and holders of more than 10% | each trade, filed within two business days | Forrest Norrod, filed September 17, 2026 |
Before you trust any AMD holder figure, ask five things:
Which filing is behind the number: a 13F, a 13G, the proxy or a Form 4?
What date does the number describe, and when was it filed?
Is it one legal entity, or a family of them, as with Vanguard's two 13F filers in 2026?
Which share count is the percentage based on, and from what date?
Is any figure older than the others in the same list?
How much AMD stock does Lisa Su own?
Lisa Su, AMD's chair and chief executive, owned 3,717,701 AMD shares after her trades on September 10, 2026, held directly and through trusts and family members (source: AMD Form 4, September 14, 2026). That works out to about 0.23% of AMD's shares. Her March 2026 proxy figure of 4,305,973 also counted options.
Her Form 4, the report an insider files after a trade, lists her shares in separate holdings. She filed it on Monday, September 14, for trades on Thursday, September 10, inside the two business days the rule allows (source: Investor.gov, Form 4). After the September 10 trades, most of her AMD common shares were held directly, and the rest through trusts and family members (source: AMD Form 4, September 14, 2026).
How Lisa Su holds AMD shares | AMD shares after September 10, 2026 |
|---|---|
Directly | 2,997,156 |
Indirectly, through trusts and family members | 720,545 |
Total AMD common shares | 3,717,701 |
Of the 4,305,973 shares the proxy gave her on March 19, 2026, 413,529 were options she could exercise within 60 days (source: AMD proxy, 2026). Her Form 4 counts common shares only, so the two figures measure different things.
Su has been AMD's president and chief executive and a board member since October 2014, and chair of the board since February 2022 (source: AMD proxy, 2026). AMD names the loss of key leaders as a business risk. Its annual report for 2025 says that failing to attract, develop and retain its leadership team could hinder its product programs. It adds that a large rise in the value of stock awards could "create great personal wealth" for executives and affect retention (source: AMD 10-K, 2025). On AMD's board, the lead independent director, Nora Denzel since November 2022, coordinates the board's oversight of CEO succession planning (source: AMD proxy, 2026).
Is Lisa Su selling AMD stock?
Lisa Su has been selling AMD shares under Rule 10b5-1 trading plans. A 10b5-1 plan is a written trading plan set up in advance, and trades that follow it can give the insider a legal defense against insider trading claims. She adopted one plan on September 9, 2025, allowing up to 600,000 shares to be sold before it ends on November 10, 2026 (source: AMD 10-Q, Q3 2025). She adopted a second on June 8, 2026, for up to 450,000 shares through June 16, 2027 (source: AMD 10-Q, Q2 2026).
Before a new plan can trade, an officer or director must wait out a cooling-off period. It ends at the later of 90 days after adoption or two business days after the 10-Q or 10-K for that quarter, capped at 120 days (source: Federal Register). For the June 8 plan, 90 days runs to September 6, while two business days after AMD's August 5 quarterly report is August 7. The later date, September 6, applies, and the first sale under that plan came on September 10.
Her Form 4s filed from May 15 to September 17, 2026 show four plan sales, with proceeds worked out from the average sale prices each filing reports (source: AMD Form 4 filings).
Trade date | AMD shares Lisa Su sold | Approximate proceeds, worked out | 10b5-1 plan adopted |
|---|---|---|---|
May 13, 2026 | 125,000 | $55.7 million | September 9, 2025 |
June 10, 2026 | 125,000 | $57.6 million | September 9, 2025 |
August 18, 2026 | 15,000 | $7.2 million | September 9, 2025 |
September 10, 2026 | 95,000 | $48.1 million | June 8, 2026 |
The four sales total 360,000 shares and about $168.6 million. She also gave away 30,000 shares on June 12 and 35,000 on September 10, both reported as gifts (source: AMD Form 4 filings).
On August 15, 2026, 396,405 shares reached her from a performance award granted on August 9, 2023, and 155,986 of them were withheld to pay tax. That filing records an award turning into shares, with no sale on the market (source: AMD Form 4 filings). A Form 4 reports what was sold, when and at what price, and it gives no reason for the sale.
AMD selling by other executives and directors
Six other AMD officers and directors sold shares on the market from May to September 2026, according to Form 4s filed from May 15 to September 17. Four sold under plans marked 10b5-1, including chief technology officer Mark Papermaster, and none of the 43 Form 4s filed in that window reports an open-market purchase (source: AMD Form 4 filings).
By seller, the 2026 sales in those filings break down like this (source: AMD Form 4 filings).
AMD insider (role as filed) | 2026 sale dates | AMD shares sold | Marked as a 10b5-1 plan sale |
|---|---|---|---|
Mark Papermaster, chief technology officer | May 15; June 15; July 15; August 14; August 20 | 6,000; 6,000; 6,000; 7,369; 28,811 | yes (plan of November 14, 2025) |
Forrest Norrod, general manager, Data Center Solutions | May 20; August 24; September 15 | 19,487; 17,261; 17,261 | yes (plans of June 6, 2025 and May 20, 2026) |
Nora Denzel, director | May 29; June 2 | 1,821; 8,626 | not marked |
Ava Hahn, general counsel | August 11; August 18 | 143; 2,993 | yes (plan of March 13, 2026) |
Darren Grasby, chief sales officer | August 17 | 15,000 | not marked |
Jean Hu, chief financial officer | August 25 | 15,000 | yes (plan of May 19, 2026) |
Papermaster's sales follow the clearest pattern, with the same 6,000 shares on the 15th of three straight months before two larger sales in August. Of the six sellers, chief sales officer Darren Grasby and director Nora Denzel reported their sales on Form 4s with the 10b5-1 checkbox unchecked.
Mid-August also brought a wave of filings about vested awards, dated August 15, 2026, from eight AMD officers, including Su, Norrod, Hu, Papermaster and Grasby. Those entries, coded M and F, change an insider's holdings without a sale on the market, so check the code before you add filings up.
Since the SEC's 2022 rule changes, a Form 4 must carry a checkbox when a trade was meant to use the Rule 10b5-1 defense. The filer must also give the plan's adoption date (source: SEC, December 2022). The transaction codes on a Form 4 are single letters, and the SEC's investor site lists what the common ones mean (source: Investor.gov, Form 4). Read any AMD Form 4 in this order, from the plan box down to the holding:
The 10b5-1 box: is it checked, and which plan date does the footnote give?
Code S is a sale on an exchange or to another person, and code P is a purchase.
Code M followed by code F means an award turned into shares, with some shares kept back to pay tax.
Code G is a gift of shares, made by the insider or to them.
The holding after the trade shows how many shares the insider still owns, directly or through a trust.
A Form 4 shows who traded and on what terms once the trade is done, while what moves AMD's price on any given day is a much wider question.
AMD ownership and the AMDUSDT Perpetual
An AMDUSDT Perpetual position on BloFin gives you exposure to AMD's share price and no stake in the company itself. BloFin's notice says stock futures "do not convey any ownership interest" in the stocks they track, so the position carries no share, no vote and no dividend (source: BloFin notice).
The AMDUSDT Perpetual is BloFin's perpetual contract on AMD, and it was listed on May 6, 2026 (source: BloFin listing notice).
The contract offers up to 20x leverage, which lets you open a position worth as much as 20 times the collateral, or margin, that you put up (source: BloFin AMDUSDT contract information). Say you put up $500 as margin at 20x leverage. The position is then worth $10,000 of AMD exposure, worked out as 20 × $500, so a 5% fall in AMD's price would be enough to use up that $500.
Leverage also brings the risk of liquidation, when BloFin closes a position for you. The maintenance margin is the least margin a position needs to remain open. Under BloFin's rules, trouble starts when your collateral plus any profit drops to that level plus the fee to close. BloFin may then cut part of the position or liquidate all of it (source: BloFin liquidation rules). Whenever you trade AMD with leverage, leave enough margin behind the position to survive a sharp move in AMD's price.
Short sellers, who borrow shares and sell them hoping to buy back cheaper, held 39,975,696 AMD shares at the September 15, 2026 settlement. That is about 2.45% of AMD's shares outstanding, worked out from the 10-Q count (source: Nasdaq short interest). If you want that side of the trade yourself, shorting AMD on BloFin means selling the perpetual.
Whichever side you take, the AMDUSDT Perpetual page shows the contract's live price before you choose a size.
When do AMD insider filings become public?
Every AMD Form 4 filed from May 15 to September 17, 2026 was accepted by the SEC between 4.10PM and 6.01PM ET (source: AMD Form 4 filings). Nasdaq's regular session runs from 9.30AM to 4PM ET, so each filing became public after the close (source: Nasdaq market hours).
A filing can also trail its trade by more than a day, because the rule allows two business days (source: Investor.gov, Form 4). Lisa Su's September 10 sales reached the SEC on September 14, so the stock had already traded through two more full sessions, on September 11 and September 14, before the sales became public (source: AMD Form 4, September 14, 2026).
BloFin's regular weekday session for stock futures closes at 8PM UTC while US daylight saving time is in effect, which is 4PM ET (source: BloFin notice). Outside regular weekday trading hours, and on weekends and market holidays, trading may be limited to reduce-only orders (source: BloFin notice). A reduce-only order can trim or close an open position, and it cannot start or enlarge one.
Say you are long the AMDUSDT Perpetual, holding a position that profits if AMD rises, when an insider's Form 4 appears at 5PM ET. You could trim or close it that evening, while adding to it may have to wait for the next regular session, which opens at 1.30PM UTC, or 9.30AM ET, during daylight saving time (source: BloFin notice).
Looking to trade the AMDUSDT Perpetual around AMD's insider filings? To get started, you'll need to first create a BloFin account, fund your account with cryptocurrency, and go to the AMDUSDT Perpetual trading page.
Frequently asked questions
How many shareholders does AMD have?
AMD had 5,094 registered holders of its common stock on January 30, 2026, which is the count of names on the company's own share register (source: AMD 10-K, 2025). Shareholders who hold AMD through a broker, a setup known as street name, are left out of that register. The annual report gives only the registered figure, so it does not count the people and funds that hold AMD through brokers.
Does Vanguard vote all the AMD shares it reports?
Vanguard Capital Management reported sole voting power over 16,151,940 of the 122,092,206 AMD shares in its 13G for March 31, 2026, or about 13% of them. It had sole power to sell all 122,092,206 (source: Vanguard Capital Management 13G, April 2026). An older 13G from February 2024, cited in AMD's 2026 proxy, showed The Vanguard Group with shared voting power over 2,092,618 shares and sole voting power over none (source: AMD proxy, 2026).
How much AMD stock do AMD's directors own?
AMD's 2026 proxy statement listed every director's beneficial holding at under 1% of the company on March 19, 2026. Lead independent director Nora Denzel held 155,406 shares, Joseph Householder 219,305 and Elizabeth Vanderslice 79,155, while KC McClure held 40 (source: AMD proxy, 2026). Householder retired from the board on August 19, 2026, and the board appointed Tim Ryan as a director on the same day (source: AMD 8-K, August 2026).
Can AMD executives hedge or pledge their AMD shares?
AMD bars its employees, including its named executive officers, and its directors from hedging AMD securities. Pledging AMD shares, for example as collateral for a loan, needs preapproval from the board's Nominating and Governance Committee. AMD says that approval is granted only in very limited circumstances and had not been granted as of its 2026 proxy statement. The same filing says none of its named executive officers or directors had pledged any shares (source: AMD proxy, 2026).
Do AMD's CEO and directors have to own AMD stock?
AMD's ownership guidelines ask its CEO to hold stock worth six times her base salary and its other named executive officers three times theirs. Non-employee directors must hold shares worth five times their annual retainer (source: AMD proxy, 2026). Lisa Su's base salary rose to $1,375,000 on July 1, 2026, which puts her guideline at about $8.3 million of AMD stock (source: AMD 8-K, July 2026). Executives have until the later of August 7, 2025 or five years after first appointment to get there (source: AMD proxy, 2026).
Researched and written by the BloFin Academy editorial team with AI-assisted drafting. All facts independently verified. Primary sources include AMD's 2026 proxy statement, its annual report on Form 10-K for fiscal 2025, its quarterly reports for the periods ended September 27, 2025 and June 27, 2026, its current reports on Form 8-K from October 2025 and from February, July and August 2026, Form 4 filings by AMD's officers and directors from May to September 2026, and Vanguard's Schedule 13G filings of March and April 2026. They also include 13F holdings as compiled by Nasdaq and Yahoo Finance, statistics from Stock Analysis, Nasdaq's short interest data and market hours, guidance from the SEC, Investor.gov and the Federal Register, and BloFin's AMDUSDT listing notice, contract information, stock futures notice and liquidation rules, current as of September 28, 2026.
Nothing in this article constitutes financial advice, and nothing in it is a recommendation to buy, sell or hold AMD in any form. Holder lists describe quarter-end positions that can be months old, and a Form 4 reports trades already made, so neither tells you where AMD's price goes next. AMD's insider filings from May to September 2026 all reached the SEC after 4PM ET, outside regular weekday trading hours, when BloFin may accept only orders that reduce an AMDUSDT Perpetual position. An AMDUSDT Perpetual position also gives you no shares, no vote and no dividend. With leverage, a sharp move can leave too little margin behind a position, and BloFin may then reduce part of it or liquidate all of it. Past performance does not indicate future results. Do your own research and consider your risk tolerance before you trade on BloFin.
