Nike's Share Price Plummets Ahead of Q1 Earnings Release

Nike's Q1 earnings are set to be released on October 1, and its share price has taken a hit this year, down 42% in value. The sportswear giant faces increased competition and a weak performance in key market China.

The ownership structure of Nike provides valuable insight into investor confidence and caution. According to TipRanks' Ownership Tool, mutual funds own 26.52% of NKE shares. Public companies and individual investors hold 25.34%, followed by ETFs at 24.93%. Other institutional investors and insiders hold a smaller portion, at 2.03%.

Vanguard Index Funds has the largest holding among mutual fund holders, with a 6.70% stake in NKE. The Vanguard Total Stock Market ETF (VTI) is the top ETF holder, with a 3.17% stake.