The Institutional ownership of GNC Holdings, Inc. is 1.12%
Institutional Ownership is the amount of a company’s available stock owned by mutual or pension funds, insurance companies, investment firms, endowments or other large entities that manage funds on the behalf of others.
Given the considerable sums of money that institutions invest, it is not surprising that they tend to be much more knowledgeable than the average investor when it comes to the companies and industries in which they have invested.
Institutional portfolio managers often meet personally with a company's top executives, and in many cases the research they conduct is further supported by equity analysts who evaluate prospective companies and industries in great depth before making specific investment recommendations.
GNC Holdings, Inc., together with its subsidiaries, operates as a specialty retailer of health, wellness, and performance products. It operates in three segments: U.S. and Canada, International, and Manufacturing/Wholesale. The company's products include protein, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, health and beauty products, food and drink products, and other general merchandise. It also provides third-party contract manufacturing services. The company sells its products through company-owned retail stores and its GNC.com Website, e-commerce and wholesale partnerships, and domestic and international franchise activities under the GNC proprietary brands, as well as other third-party brands. As of December 31, 2019, it had 7,532 GNC store locations worldwide. The company has a strategic partnership with Harbin Pharmaceutical Group Holding Co., Ltd. and International Vitamin Corporation. GNC Holdings, Inc. was founded in 1935 and is headquartered in Pittsburgh, Pennsylvania. On June 23, 2020, GNC Holdings, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware.