Who Owns Reddit?
Updated onExplore the ownership hierarchy of Reddit. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Reddit is an online platform of user-created communities for news, discussion, and content sharing.
Starts at $5.99 / per user / month
Reddit appears to be independent with no known parent company.
Reddit is an online platform of user-created communities for news, discussion, and content sharing.
Starts at $5.99 / per user / month
Reddit appears to be independent with no known parent company.
Major Shareholders
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Steve Huffman (via direct holdings and voting agreements) Reddit co‑founder and CEO. A Schedule 13D/A filed in November 2025 reports beneficial ownership of about 51.4M shares, or ≈26.8% of Reddit’s total common stock, and—because of super‑voting Class B shares plus voting agreements with other stockholders—he may be deemed to control roughly 75.2% of the company’s total voting power as of October 30, 2025. Excluding shares subject to voting agreements, his direct and option-based stake is smaller, but he remains the controlling shareholder by votes. | Founder | 26.8% | 75.2% | Oct 2025 |
Advance Publications, Inc. (including Advance Magazine Publishers Inc.) Privately held media conglomerate that owns Condé Nast. Through its subsidiary Advance Magazine Publishers Inc., it holds 16,182 Class A and 42,191,092 Class B shares of Reddit, totaling about 42.21M shares, or 26.1% of the outstanding common stock as of September 30, 2024, according to a Schedule 13G. These shares are also party to a voting agreement with Steve Huffman, which contributes to his majority voting control. | Corporate | 26.1% | — | Sep 2024 |
FMR LLC (Fidelity Investments) Asset‑management group behind Fidelity mutual funds. A Schedule 13G dated December 31, 2024 reports beneficial ownership of approximately 16.28M Reddit shares, corresponding to about 13.2% of outstanding common stock at that time. | Institutional | 13.2% | — | Dec 2024 |
Tencent Holdings Limited Chinese technology conglomerate and long‑time Reddit backer. A Schedule 13G for December 31, 2024 discloses beneficial ownership of about 12.41M Reddit shares, or roughly 9.98% of the company’s common stock, down from an ~11% stake reported around the IPO. | Corporate | 10.0% | — | Dec 2024 |
Sam Altman and affiliated investment entities OpenAI CEO and early Reddit investor. Reddit’s IPO registration statement (Form S‑1) states that entities affiliated with Sam Altman—such as Apollo Projects and Hydrazine Capital—beneficially owned about 8.7% of Reddit’s outstanding shares (a mix of Class A and predominantly Class B) as of the IPO filing. Subsequent reporting indicates he continued to control roughly 12.2M shares with a market value exceeding $1B by late 2024. | Individual | 8.7% | — | Feb 2024 |
Vanguard Group Inc. Major index fund and ETF sponsor. A Schedule 13G for December 31, 2024 shows Vanguard owning about 9.18M Reddit shares, or roughly 7.66% of outstanding common. Nasdaq Form 13F data for June 30, 2025 shows its holdings rising to about 10.84M shares, implying a high‑single‑digit percentage stake. | Institutional | 7.7% | — | Dec 2024 |
Quiet Capital and Tacit Capital (combined investment entities) Early venture backers of Reddit. IPO‑related coverage drawing on Reddit’s S‑1 indicates that investment vehicles affiliated with Quiet Capital and Tacit Capital together owned about 6.8% of Reddit on a fully diluted basis around the March 2024 IPO. Later ownership changes have not been publicly broken out by firm, but they remain among the larger legacy venture holders. | Institutional | 6.8% | — | Mar 2024 |
Coatue Management, L.L.C. Technology‑focused hedge fund. A Schedule 13G for December 31, 2024 reports Coatue owning about 6.53M Reddit shares, representing approximately 5.5% of the outstanding common stock. Later Nasdaq 13F data shows a similar magnitude of holdings. | Institutional | 5.5% | — | Dec 2024 |
Vy Capital Global technology investment firm that led Reddit’s 2021 Series E financing. Pre‑IPO analyses based on Reddit’s S‑1 state Vy Capital held roughly 5.1% of Reddit on a fully diluted basis around the March 2024 IPO. | Institutional | 5.1% | — | Mar 2024 |
BlackRock, Inc. One of the world’s largest asset managers. Nasdaq Form 13F data as of June 30, 2025 shows BlackRock owning about 6.42M Reddit shares. Using Nasdaq’s figure of roughly 135M shares outstanding, this corresponds to an estimated 4.8% stake in Reddit’s common stock. | Institutional | 4.8% | — | Jun 2025 |
Tiger Global Management, LLC Growth‑oriented hedge fund active in technology and internet companies. Nasdaq data for June 30, 2025 lists Tiger Global holding approximately 6.15M Reddit shares, implying ownership of around 4.6% of outstanding common shares based on ~135M shares outstanding. | Institutional | 4.6% | — | Jun 2025 |
Baillie Gifford & Co. Long‑term growth‑focused investment manager. Nasdaq institutional holdings data indicates Baillie Gifford held about 6.11M Reddit shares as of September 30, 2025; relative to roughly 135M shares outstanding, this is about a 4.5% stake. | Institutional | 4.5% | — | Sep 2025 |
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