Mutual Funds Backing Amd: Who's Investing In The Tech Giant?

Advanced Micro Devices, Inc. (AMD) is a company that specializes in the design, manufacturing, and marketing of semiconductors and microprocessors. The company's stock is owned by a mix of institutional, retail, and individual investors, with the largest chunk being owned by public companies and individual investors. When it comes to mutual funds, there are several that have invested in AMD. Some of the top mutual fund holders of AMD include Vanguard Index Funds, Fidelity Concord Street Trust, Vanguard Institutional Index Funds, and Janus Investment Fund. Other mutual funds with AMD in their portfolio include Growth Fund of America, Vanguard Mid-Cap Index Fund, and American Funds Fundamental Investors.

Vanguard Total Stock Market Index Fund

The Vanguard Total Stock Market Index Fund is one of the top mutual fund holders of Advanced Micro Devices (AMD) stock. Vanguard is a well-known investment firm that offers a wide range of financial products, including mutual funds, exchange-traded funds (ETFs), and other investment services.

The Vanguard Total Stock Market Index Fund is designed to provide investors with exposure to the overall US stock market. It employs an indexing investment strategy to track the performance of the CRSP US Total Market Index. This means that the fund holds a diversified collection of securities that approximates the index, allowing investors to benefit from the performance of the broader stock market.

The fund has a large amount of total net assets, valued at $20.427 billion for the Investor share class (VTSMX) and $343.627 billion for the Admiral share class (VTSAX). The fund's net expense ratio is relatively low at 0.14% for VTSMX and 0.04% for VTSAX, which can help to maximize returns for investors.

In terms of performance, the Vanguard Total Stock Market Index Fund has delivered a 52-week average return of 27.78% for VTSMX and 30.18% for VTSAX, as of July 2024. This performance places the fund in the 49th percentile for VTSMX and the 45th percentile for VTSAX within their respective Lipper categories.

By investing in the Vanguard Total Stock Market Index Fund, investors can gain exposure to a diversified portfolio of stocks, including AMD, and benefit from the fund's indexing strategy, strong asset base, and competitive performance.

Vanguard 500 Index Fund

The Vanguard 500 Index Fund is one of the top mutual fund holders of Advanced Micro Devices (AMD) stock. Vanguard, the parent company of the Vanguard 500 Index Fund, is the largest shareholder of AMD.

The Vanguard 500 Index Fund is a mutual fund that seeks to track the performance of the S&P 500 Index. It employs an indexing investment approach, attempting to replicate the index by investing all its assets in the stocks that make up the index, with similar weightings. This fund offers investors a way to diversify their portfolios and mirror the performance of the S&P 500, a broad market index.

As of July 31, 2024, the Vanguard 500 Index Fund had total net assets of $464.448 billion, with a net expense ratio of 0.04%. The fund has delivered a 52-week average return of 28.81%, outperforming the S&P 500 with less risk, according to a Barron's report from February 2020.

The fund has consistently been recommended by financial publications like Zacks and Motley Fool, especially for new investors looking for a simple way to beat the market. With a history of strong performance, low fees, and broad diversification, the Vanguard 500 Index Fund offers a compelling option for those seeking to mirror the S&P 500's performance.

Vanguard Institutional Index Fund

The Vanguard Institutional Index Fund is a large-cap mutual fund that tracks the performance of the S&P 500 index, a benchmark for large-capitalization stocks. The fund's goal is to provide investors with a well-diversified portfolio of 500 of the largest U.S. stocks, with a focus on long-term success through low fees.

As of October 2024, the fund's total assets were valued at 309.8 billion USD, with a net expense ratio of 0.035%. The fund has consistently been rated as a strong mutual fund pick by Zacks.com, most recently in March 2024.

The Vanguard Institutional Index Fund is one of the top mutual fund holders of Advanced Micro Devices (AMD) stock. While the exact percentage of AMD stock held by the fund is unclear, it is known that Vanguard is the largest shareholder of AMD. This means that the Vanguard Institutional Index Fund, along with other Vanguard funds, plays a significant role in influencing AMD's stock price and decision-making.

The fund's investment in AMD aligns with its strategy of investing in large-cap stocks, as AMD is a well-known and established company in the semiconductor industry. By investing in AMD, the fund gains exposure to the technology sector and benefits from the company's performance and growth.

Vanguard Growth Index Fund

The Vanguard Growth Index Fund is a mutual fund that has invested in Advanced Micro Devices (AMD). Vanguard is a leading investment company and one of the world's largest providers of mutual funds, known for its index funds that track a particular market index.

The Vanguard Growth Index Fund ETF Shares (VUG) is a specific type of exchange-traded fund (ETF) offered by Vanguard. ETFs are baskets of securities that trade on an exchange like a stock, and the VUG is designed to track the performance of a specific stock market index.

Vanguard's VUG aims to replicate the performance of the US stock market index, focusing on large-cap growth stocks. Large-cap companies are well-established enterprises with a market capitalisation typically above $10 billion. The fund seeks to provide investors with diversified exposure to a broad range of large US companies that exhibit growth characteristics.

By investing in AMD, the Vanguard Growth Index Fund gains exposure to the semiconductor industry. AMD is a well-known manufacturer of computer processors and other related technologies, and its products are used in various sectors, including personal computing, gaming, and data centres.

The fund's investment in AMD aligns with its objective of capturing growth opportunities in the US stock market. AMD's strong performance and market position contribute to the fund's overall strategy of delivering long-term capital appreciation by investing in companies with above-average growth potential.

Select Sector SPDR Fund-Technology

The Technology Select Sector SPDR Fund is an exchange-traded fund (ETF), which means it can be traded on an exchange through a brokerage account. However, it's important to note that these shares are not individually redeemable from the fund. Investors can only acquire or redeem them in Creation Unit Aggregations. As with any investment, there are risks involved with ETFs, including the possibility of losing principal. Select Sector SPDR Funds are considered to carry a higher level of risk compared to more broadly diversified funds due to their narrow focus.

The fund's total annual operating expense ratio, or gross expense ratio, is 0.09%. This information can be found in the fund's prospectus, along with other important details about its investment objectives, risks, and charges.

As of October 2, 2024, the fund's top holdings included Advanced Micro Devices, Microsoft Corporation, and Accenture Plc Class A. The fund's industry allocation as of that date showed a focus on semiconductors & semiconductor equipment, technology hardware, storage & peripherals, and communications equipment.

In terms of performance, the Technology Select Sector SPDR Fund has shown positive returns, but past performance may not be indicative of future results. It's always important to carefully consider all the risks and objectives before making any investment decisions.

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