Who owns lululemon?

Lululemon Athletica, the Canadian athleisure company renowned for its Align yoga line, was founded by Chip Wilson, and has grown into a significant brand with a loyal customer base​1​. The company’s vision, “to create transformative products and experiences that build meaningful connections, unlocking greater possibility and wellbeing for all,” is reflected in their offerings, which span from high-end yoga gear to the innovative Mirror home workout system​1​. Wilson, who left his role as CEO in 2013, still holds the largest individual stake in Lululemon, owning 8% of the company’s shares​1​. The current CEO of Lululemon Athletica, as of 2018, is Calvin McDonald, who also serves as a member on the board of directors​1​.

Lululemon is a publicly traded company with significant institutional ownership. As of March 30, 2023, the top institutional holders of Lululemon’s shares are FMR, LLC (often associated with Fidelity), BlackRock Inc., and the Vanguard Group, owning 15.02%, 6.36%, and 6.17% of the company respectively​2​​3​.

Fidelity’s Growth Company Fund and Blue Chip Growth Fund also figure among the top mutual fund holders of Lululemon shares. These funds hold substantial portions of Lululemon’s stock, with the Fidelity Growth Company Fund holding 4,796,803 shares as of February 27, 2023, which is 3.93% of the company​2​.

BlackRock Inc., another leading institutional holder of Lululemon, owns 6.36% of the company as of March 30, 2023. As one of the world’s largest asset management firms, BlackRock’s significant stake in Lululemon underscores the company’s value and potential in the market​3​.

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Lastly, Vanguard Group, one of the world’s largest investment companies, owns 6.17% of Lululemon as of the same date. This demonstrates the widespread interest and investment in Lululemon from leading financial institutions​2​.

Under the leadership of CEO Calvin McDonald, Lululemon continues to innovate and engage with its customers. McDonald, who joined Lululemon in 2018, is known for his growth-oriented approach, helping large organizations scale and innovate. This includes enhancing customer engagement across different platforms – in stores, online, and even from their homes​4​.

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