Who Owns Lululemon Athletica Inc.?
Updated onExplore the ownership hierarchy of Lululemon Athletica Inc.. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Lululemon Athletica Inc.
Canadian multinational athletic apparel retailer that designs and sells technical apparel, footwear, and accessories for yoga, running, training, and everyday wear.
Lululemon Athletica Inc. appears to be independent with no known parent company.
Lululemon Athletica Inc.
Canadian multinational athletic apparel retailer that designs and sells technical apparel, footwear, and accessories for yoga, running, training, and everyday wear.
Lululemon Athletica Inc. appears to be independent with no known parent company.
Major Shareholders
Lululemon Athletica Inc.
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Vanguard Fiduciary Trust Co. (Vanguard Group) Largest institutional shareholder; MarketScreener and recent Form 13F aggregates indicate Vanguard-controlled funds hold about 13.8 million Lululemon shares, roughly 12.1–12.2% of the company’s outstanding equity as of late 2025. | Institutional | 12.2% | 12.2% | Dec 2025 |
Dennis J. "Chip" Wilson Company founder and largest individual shareholder. An October 2025 amended Schedule 13D reports that Dennis J. “Chip” Wilson and related entities beneficially own roughly 10 million Lululemon shares (about 8–9% of outstanding stock), while MarketScreener estimates his stake at about 8.7% of the share capital. | Founder | 8.7% | 8.7% | Oct 2025 |
BlackRock Advisors LLC (BlackRock, Inc.) One of Lululemon’s largest institutional holders; MarketScreener data shows BlackRock Advisors and affiliated funds owning about 7.8 million shares, or approximately 6.9% of Lululemon’s outstanding equity. | Institutional | 6.8% | 6.8% | Dec 2025 |
State Street Corporation Indexes and ETFs managed by State Street collectively hold roughly 4.65 million Lululemon shares, corresponding to about 4.1% of the company according to MarketScreener and recent institutional-holdings disclosures. | Institutional | 4.1% | 4.1% | Dec 2025 |
Elliott Investment Management L.P. Activist hedge fund; December 2025 reports from Reuters, CNBC and others state that Elliott has built a stake worth over $1 billion in Lululemon, making it one of the company’s largest shareholders and positioning it to press for board and CEO changes. Based on Lululemon’s roughly $24–25 billion market value at the time, this implies a mid–single-digit ownership percentage; exact share count has not yet been publicly disclosed. | Institutional | 4.2% | 4.2% | Dec 2025 |
Fidelity Management & Research Co. LLC (FMR LLC) Through various Fidelity mutual funds and accounts, FMR is a major shareholder; MarketScreener estimates its position at about 4.1 million shares, or roughly 3.6% of Lululemon’s share capital. | Institutional | 3.6% | 3.6% | Dec 2025 |
Geode Capital Management LLC Index manager closely tied to Fidelity; MarketScreener lists Geode with an estimated stake of around 2.6% of Lululemon’s outstanding shares, making it a significant but smaller institutional owner compared with Vanguard, BlackRock and State Street. | Institutional | 2.6% | 2.6% | Dec 2025 |
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