What Kind Of Shareholders Own Quantum FinTech Acquisition Corporation (NYSE:QFTA)?

The big shareholder groups in Quantum FinTech Acquisition Corporation (NYSE:QFTA) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. We also tend to see lower insider ownership in companies that were previously publicly owned.

With a market capitalization of US$245m, Quantum FinTech Acquisition is a small cap stock, so it might not be well known by many institutional investors. In the chart below, we can see that institutions own shares in the company. Let's take a closer look to see what the different types of shareholders can tell us about Quantum FinTech Acquisition.

Check out our latest analysis for Quantum FinTech AcquisitionNYSE:QFTA Ownership Breakdown August 17th 2021What Does The Institutional Ownership Tell Us About Quantum FinTech Acquisition?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

We can see that Quantum FinTech Acquisition does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Quantum FinTech Acquisition, (below). Of course, keep in mind that there are other factors to consider, too.NYSE:QFTA Earnings and Revenue Growth August 17th 2021

It looks like hedge funds own 5.3% of Quantum FinTech Acquisition shares. That catches my attention because hedge funds sometimes try to influence management, or bring about changes that will create near term value for shareholders. The company's largest shareholder is Quantum Ventures LLC, with ownership of 15%. With 5.3% and 4.0% of the shares outstanding respectively, Glazer Capital, LLC and Polar Asset Management Partners Inc. are the second and third largest shareholders.

After doing some more digging, we found that the top 11 have the combined ownership of 51% in the company, suggesting that no single shareholder has significant control over the company.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held.Insider Ownership Of Quantum FinTech Acquisition

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

We can see that insiders own shares in Quantum FinTech Acquisition Corporation. As individuals, the insiders collectively own US$2.8m worth of the US$245m company. This shows at least some alignment. You can click here to see if those insiders have been buying or selling.General Public Ownership

With a 28% ownership, the general public have some degree of sway over Quantum FinTech Acquisition. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.Private Company Ownership

It seems that Private Companies own 22%, of the Quantum FinTech Acquisition stock. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand Quantum FinTech Acquisition better, we need to consider many other factors. For instance, we've identified2 warning signs for Quantum FinTech Acquisitionthat you should be aware of.

If you would prefer check out another company -- one with potentially superior financials -- then do not miss thisfreelist of interesting companies, backed by strong financial data.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

This article by Simply Wall St is general in nature.We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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