Mattel, Inc. is a publicly traded global toy and family entertainment company headquartered in El Segundo, California, USA. The company is listed on the NASDAQ stock exchange under the ticker symbol MAT.
Founded in 1945 by Harold “Matt” Matson, and Ruth & Elliot Handler, Mattel has grown into one of the world’s largest toy manufacturers, with products sold in over 150 countries. As of the latest available data, the company is led by Chairman & CEO Ynon Kreiz.
Ownership Status of Mattel, Inc.
Since Mattel is publicly traded, there is no single private owner who controls the company. Ownership is divided among institutional investors, mutual funds, and individual shareholders.
Ownership percentages can fluctuate due to market activity, regulatory filings (13F), and fund management decisions.
Major Shareholders
| Shareholder / Entity | Ownership Percentage | Notes |
|---|---|---|
| EdgePoint Investment Group, Inc. | ~12.3% | Largest shareholder, holding around 40.8 million shares. |
| PRIMECAP Management Co. | ~10.0% | Holds approximately 33 million shares. |
| The Vanguard Group, Inc. | ~9.8–10.0% | Owns around 32–33 million shares, mainly through index funds. |
| BlackRock, Inc. | ~8.3–9.0% | Holds roughly 27–29 million shares. |
| Ariel Investments, LLC | ~4.3% | Owns about 14.2 million shares. |
Note: The remaining shares are owned by various institutional and retail investors worldwide.
Key Shareholder Highlights
- The largest single stakeholder in Mattel is EdgePoint Investment Group, with an ownership of about 12.3%.
- PRIMECAP Management Co. and Vanguard Group are also major holders, each owning nearly 10% of the company.
- BlackRock, one of the world’s biggest asset managers, owns around 8–9% of the company.
- Because these are institutional investors, Mattel’s governance and direction are influenced collectively rather than by a single controlling party.
Recent Developments in Ownership
- As of June 2025, the ownership distribution stood at:
- EdgePoint Investment Group: 12.67%
- PRIMECAP Management Co.: 10.31%
- Vanguard Group: 10.12%
- BlackRock Inc.: 8.96%
- The ownership remains concentrated among a few large funds, but no single shareholder holds a majority.
- Mattel continues to be governed by its board of directors and executive management, led by Ynon Kreiz, rather than a dominant individual owner.
FAQs
1. Who is the current owner of Mattel, Inc.?
There is no single owner. Mattel is a publicly held company, owned by a mix of institutional investors and individual shareholders. The major holders include EdgePoint Investment Group (~12.3%), PRIMECAP Management Co. (~10%), Vanguard Group (~9.8%), and BlackRock Inc. (~8–9%).
2. Is Mattel publicly traded or privately owned?
Mattel is publicly traded on the NASDAQ under the ticker MAT.
3. Who founded Mattel, Inc.?
Mattel was founded in 1945 by Harold “Matt” Matson, Ruth Handler, and Elliot Handler.
4. Has the ownership changed recently?
Yes, ownership percentages shift periodically as institutional investors adjust their holdings. However, no major takeover or ownership change has occurred recently — control remains diversified among top funds.