Image from MarketBeat Media, LLC. Key Points Winslow Capital cut its Tesla stake by 14.2% in Q2, selling 231,318 shares and reducing its holding to 1,399,005 shares worth about $444.4 million, roughly 1.5% of the fund and its 22nd-largest position. Other large institutions mostly raised exposure—Vanguard, Geode, Legal & General and Amundi increased holdings while Norges Bank initiated a new multi-billion-dollar stake—leaving institutional investors with about 66.20% ownership of Tesla. Corporate insiders sold shares recently (Director James R. Murdoch sold 60,000 shares for ~$25.36M; SVP Xiaotong Zhu sold 20,000 for ~$7.28M), with insiders owning 19.90%; Tesla also beat the quarter's EPS and revenue estimates (EPS $0.50 vs $0.48, revenue $28.10B vs $24.98B). 3 Signs Tesla Is Starting December on the Front Foot Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. raised its stake in Tesla by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer's stock worth $79,856,764,000 after acquiring an additional 4,502,976 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Tesla by 2.0% during the second quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer's stock worth $20,480,477,000 after purchasing an additional 1,269,304 shares during the last quarter. Norges Bank acquired a new stake in shares of Tesla during the second quarter worth about $11,839,824,000. Legal & General Group Plc lifted its holdings in shares of Tesla by 5.9% in the 2nd quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer's stock valued at $6,424,705,000 after purchasing an additional 1,134,678 shares during the last quarter. Finally, Amundi boosted its position in shares of Tesla by 20.4% in the 2nd quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer's stock valued at $6,374,284,000 after purchasing an additional 3,422,270 shares during the period. Hedge funds and other institutional investors own 66.20% of the company's stock. Get Tesla alerts: