According to figures issued by the New York Stock Exchange on February 26th, institutional investers now ow 20% of all tho stocks listed: on the Exchange compared with a mere 12.7% in 1949. At the end of 1963 non—insured ponsion funds headed the list of institutional holders of listed issues with $23,400m. worth of stock, compared with $500m. in 1949. Other large holders included: mutual funds with $19,00@; non-life insurance companies with $8,700m.; foundations with $8,000m.; other non-profit institutions with $5,900mns life insurance companies with $5, 300m.3 and college and university endowments with $4,000m. Theso figures are a further indication of the concentration of U.S. monopoly capitalism.
The WeekThe Week Vol. 1, No. 10, 4 March 1964
More Institutional Investment
The scan: The Week v1 no10.pdf (PDF, Marxists Internet Archive, opens at this page)
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