Who Owns Jersey Mike's Subs?
Updated onExplore the ownership hierarchy of Jersey Mike's Subs. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Jersey Mike's Subs
Jersey Mike's Subs is a fast-casual sandwich franchise specializing in fresh-sliced, Northeast-style submarine sandwiches served across thousands of locations in the United States and internationally.
Blackstone Inc.
Blackstone Inc. is a New York-based public alternative investment management firm and the world's largest alternative asset manager, specializing in private equity, real estate, credit, hedge fund solutions and related strategies.
Jersey Mike's Subs
Jersey Mike's Subs is a fast-casual sandwich franchise specializing in fresh-sliced, Northeast-style submarine sandwiches served across thousands of locations in the United States and internationally.
Blackstone Inc.
Blackstone Inc. is a New York-based public alternative investment management firm and the world's largest alternative asset manager, specializing in private equity, real estate, credit, hedge fund solutions and related strategies.
Major Shareholders
Jersey Mike's Subs
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Private equity funds managed by Blackstone Inc. Majority owner via Blackstone-managed private equity funds following an ~$8 billion acquisition of Jersey Mike’s Subs completed in early 2025; Blackstone is now listed as the chain’s parent company. | Institutional | 90.0% | Apr 2025 |
Peter Cancro Founder and longtime CEO; reports after the Blackstone deal indicate he sold most of his stake but retained about a 10% equity interest and remains actively involved as chairman. | Founder | 10.0% | Apr 2025 |
Blackstone Inc.
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Stephen A. Schwarzman Co‑founder, Chairman and CEO of Blackstone Inc.; beneficial owner of roughly 19% of the company’s economic interest through common stock and partnership units, giving him effective control despite dispersed public ownership. | Founder | 19.0% | Dec 2024 |
The Vanguard Group, Inc. Largest institutional shareholder; percentage based on aggregated Vanguard holdings reported in Q3 2025 Form 13F filings. | Institutional | 9.6% | Sep 2025 |
BlackRock, Inc. Second‑largest institutional owner via various BlackRock funds and accounts as reported in Q3 2025 institutional holdings. | Institutional | 6.8% | Sep 2025 |
JPMorgan Chase & Co. Major U.S. bank and asset manager; percentage reflects consolidated JPMorgan-held BX shares in Q3 2025 filings. | Institutional | 6.8% | Sep 2025 |
Morgan Stanley Global investment bank and wealth manager; ownership from Q3 2025 institutional holder disclosures. | Institutional | 4.4% | Sep 2025 |
State Street Corporation Large index and custody manager (State Street Global Advisors); holds BX primarily through index and institutional mandates. | Institutional | 4.3% | Sep 2025 |
Geode Capital Management, LLC Quantitative asset manager that sub‑advises several Vanguard index funds; stake size from Q3 2025 filings. | Institutional | 2.6% | Sep 2025 |
Capital World Investors Division of Capital Group managing American Funds; ownership based on latest reported institutional holdings in 2025. | Institutional | 2.2% | Sep 2025 |
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