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Who Owns Coors Light?
Updated onExplore the ownership hierarchy of Coors Light. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Coors Light
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Coors Light is a 4.2% ABV light American lager beer brand from Molson Coors, marketed as a cold, refreshing beer that is “as cold as the Rockies.”
Owned by
Coors Brewing Company
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Coors Brewing Company is an American brewery and beer company based in Golden, Colorado that produces Coors Banquet, Coors Light, and other beer brands as a subsidiary of Molson Coors Beverage Company.
Owned by
Molson Coors Beverage Company
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Molson Coors Beverage Company is a publicly traded Canadian-American multinational brewing and beverage company that produces and sells beer and other alcoholic and non-alcoholic drinks worldwide.
Coors Light
Best for consumers
Coors Light is a 4.2% ABV light American lager beer brand from Molson Coors, marketed as a cold, refreshing beer that is “as cold as the Rockies.”
Owned by
Coors Brewing Company
Best for consumers
Coors Brewing Company is an American brewery and beer company based in Golden, Colorado that produces Coors Banquet, Coors Light, and other beer brands as a subsidiary of Molson Coors Beverage Company.
Owned by
Molson Coors Beverage Company
Best for consumers
Molson Coors Beverage Company is a publicly traded Canadian-American multinational brewing and beverage company that produces and sells beer and other alcoholic and non-alcoholic drinks worldwide.
Major Shareholders
Coors Light
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
The Vanguard Group, Inc. Largest institutional shareholder of Molson Coors Beverage Company (ticker TAP), holding about 20.3 million shares primarily via index and mutual funds. Percentage based on reported Class B common shares outstanding. | Institutional | 10.3% | Sep 2025 |
Dodge & Cox Value-oriented institutional investor and one of the largest active shareholders in Molson Coors, with roughly 18.6 million shares of Class B common stock. | Institutional | 9.4% | Sep 2025 |
BlackRock, Inc. Global asset manager (including iShares ETFs) holding about 14.6 million shares of Molson Coors Class B common stock. | Institutional | 7.4% | Sep 2025 |
State Street Global Advisors, Inc. Asset-management division of State Street Corporation, owning roughly 10.5 million Molson Coors Class B shares through index and ETF products. | Institutional | 5.3% | Sep 2025 |
The Adolph Coors Jr. Trust Coors family trust that is a major long‑term shareholder of Molson Coors. Reported holding about 8.35 million Class B shares as of March 21, 2025; together with other Coors and Molson family entities it also has significant ownership of high‑voting Class A shares, giving the families substantial ongoing influence over the company. | Family | 4.2% | Mar 2025 |
Dimensional Fund Advisors LP Quantitative asset manager holding approximately 6.4 million shares of Molson Coors Class B common stock across its investment funds. | Institutional | 3.3% | Sep 2025 |
LSV Asset Management Institutional value manager with roughly 6.0 million Molson Coors Class B shares reported as of the September 30, 2025 filings. | Institutional | 3.0% | Sep 2025 |
May Kistler Coors Trust Coors family trust identified in shareholder disclosures as owning about 5.1 million Molson Coors shares (estimated ~2.8% of common equity). Exact reporting date is not clearly specified in public summary data; often grouped with other Coors family holdings for control of high‑voting shares. | Family | 2.8% | — |
Geode Capital Management, LLC Passively oriented institutional manager (closely associated with index strategies) holding about 4.5 million Molson Coors Class B shares. | Institutional | 2.3% | Sep 2025 |
Invesco Capital Management LLC Asset manager whose ETFs and funds collectively own roughly 3.8 million shares of Molson Coors Class B common stock as of late 2025. | Institutional | 1.9% | Sep 2025 |
Coors Brewing Company
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
The Vanguard Group, Inc. Largest institutional shareholder in Molson Coors Beverage Company (NYSE:TAP), the publicly traded parent of Coors Brewing Company; percentage based on institutional ownership data for Class B shares as of Q3 2025. | Institutional | 10.3% | Sep 2025 |
Dodge & Cox Value‑oriented U.S. asset manager; holds just under 10% of Molson Coors outstanding shares via its funds, according to Q3 2025 institutional holder filings. | Institutional | 9.4% | Sep 2025 |
BlackRock, Inc. Global asset manager (iShares and other funds) with a stake of a little over 7% of Molson Coors as of September 30, 2025. | Institutional | 7.4% | Sep 2025 |
State Street Global Advisors / State Street Corporation Through State Street Global Advisors, State Street is a core index‑fund holder with just over 5% of Molson Coors shares as of Q3 2025. | Institutional | 5.3% | Sep 2025 |
Adolph Coors Jr. Trust Coors family trust that is one of the largest individual shareholder groups, holding about 4% of Molson Coors shares; also a key participant in the historical Coors family ownership structure. | Family | 4.2% | Mar 2025 |
Pentland Securities (1981) Inc. Molson family holding company controlled by the Molson family. Company capital‑stock disclosures state that Pentland and the Coors Trust together control more than two‑thirds of Molson Coors’ Class A common and Class A exchangeable shares via voting‑trust agreements, giving the Molson and Coors families effective control over this high‑vote share class, even though their economic ownership percentage of total equity is lower. | Family | — | — |
Dimensional Fund Advisors LP Quantitative asset manager; its various funds held roughly 3.3% of Molson Coors as of September 30, 2025. | Institutional | 3.3% | Sep 2025 |
LSV Asset Management Value‑oriented institutional manager with just over 3% of Molson Coors shares according to late‑2025 institutional ownership data. | Institutional | 3.0% | Sep 2025 |
May Kistler Coors Trust Another Coors family trust; MarketScreener’s major‑shareholder table lists it with roughly 2.8% of Molson Coors’ outstanding shares, underscoring the continued Coors family equity stake. | Family | 2.8% | — |
Geode Capital Management, LLC Institutional asset manager that sub‑advises many Fidelity index funds; held about 2.3% of Molson Coors as of Q3 2025. | Institutional | 2.3% | Sep 2025 |
Invesco Capital Management LLC / Invesco Advisers, Inc. Invesco’s ETFs and active funds collectively own roughly 2–2.5% of Molson Coors; MarketScreener reports Invesco Advisers at about 2.49% and Investing.com lists Invesco Capital Management at about 1.9% as of September 30, 2025. | Institutional | 2.5% | — |
BNY Asset Management Part of BNY Mellon’s asset‑management complex; shown with just under 2% of Molson Coors shares in Q3 2025 institutional holder data. | Institutional | 1.9% | Sep 2025 |
Molson Coors Beverage Company
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Molson & Coors founding families (via Pentland Securities (1981) Inc., Adolph Coors Company LLC, Adolph Coors Jr. Trust and related family vehicles) Founding Molson and Coors family shareholders collectively control a majority of Molson Coors’ voting power through near‑complete ownership of Class A Common Stock and Class A exchangeable shares, held primarily via Pentland Securities (1981) Inc. and the Adolph Coors family trusts. The company describes itself as a “controlled company” under NYSE rules for this reason, and its capital‑stock description notes that Pentland and the Coors Trust together control more than two‑thirds of the company’s Class A Common Stock and Class A exchangeable shares. | Family | — | — |
The Vanguard Group, Inc. Largest public holder of Molson Coors Class B common stock (NYSE: TAP) with 20,334,546 shares, representing about 10.29% of the 197.63 million Class B shares outstanding as of September 30, 2025, per institutional ownership data. | Institutional | 10.3% | Sep 2025 |
Dodge & Cox Holds approximately 18,631,224 Molson Coors Class B shares, or about 9.43% of Class B shares outstanding as of September 30, 2025. | Institutional | 9.4% | Sep 2025 |
BlackRock, Inc. Owns about 14,586,126 Molson Coors Class B shares (roughly 7.38% of Class B shares) as of September 30, 2025, based on institutional holder summaries and supported by a separate 13G/A filing showing a similar magnitude of ownership. | Institutional | 7.4% | Sep 2025 |
State Street Global Advisors, Inc. Through State Street Global Advisors and related entities, holds around 10,516,810 Molson Coors Class B shares, or about 5.32% of Class B shares outstanding as of September 30, 2025. | Institutional | 5.3% | Sep 2025 |
Adolph Coors Jr. Trust Adolph Coors Jr. Trust, a key Coors family trust, directly holds about 8,350,000 Molson Coors Class B shares (roughly 4.22% of Class B shares) as of March 21, 2025, per institutional holder tables. Separate SEC Schedule 13D/A filings also show the trust and Adolph Coors Company LLC together controlling virtually all Class A Common Stock and substantial Class B holdings. | Family | 4.2% | Mar 2025 |
Dimensional Fund Advisors LP Dimensional Fund Advisors LP holds approximately 6,425,043 Molson Coors Class B shares, or about 3.25% of the outstanding Class B shares as of September 30, 2025. | Institutional | 3.3% | Sep 2025 |
LSV Asset Management LSV Asset Management owns around 5,988,916 Molson Coors Class B shares, about 3.03% of Class B shares outstanding as of September 30, 2025. | Institutional | 3.0% | Sep 2025 |
May Kistler Coors Trust Coors family trust that beneficially owns roughly 5,129,960 Molson Coors shares, reported as about 2.77% of the company’s equity in MarketScreener’s major‑shareholder table (under “May Kistler Coors Trust”). Underlying regulatory reporting date is not specified, but data were displayed on the shareholder page as of December 19, 2025. | Family | 2.8% | — |
Geode Capital Management, LLC Index‑oriented institutional investor (an affiliate of Fidelity) holding approximately 4,507,101 Molson Coors Class B shares, or about 2.28% of Class B shares as of September 30, 2025. | Institutional | 2.3% | Sep 2025 |
Invesco Capital Management LLC Invesco Capital Management LLC owns around 3,753,350 Molson Coors Class B shares, representing about 1.90% of Class B shares outstanding as of September 30, 2025. | Institutional | 1.9% | Sep 2025 |
BNY Asset Management BNY Asset Management (part of BNY Mellon) holds roughly 3,675,879 Molson Coors Class B shares, or about 1.86% of Class B shares outstanding as of September 30, 2025. | Institutional | 1.9% | Sep 2025 |
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