Image from MarketBeat Media, LLC. Key Points Watts Gwilliam & Co. LLC cut its Tesla stake by 65.8% in Q2, selling 14,352 shares and leaving 7,446 shares valued at about $2.365 million. Major institutions increased or initiated positions — notably Vanguard now owns 251.39 million shares (~$79.86 billion) and Norges Bank bought a new ~$11.84 billion stake — with institutional investors holding 66.20% of Tesla. Corporate insiders sold significant stock: Director Kimbal Musk sold 56,820 shares for ~$25.6 million (a 3.92% reduction) and CFO Vaibhav Taneja sold 2,637 shares for ~$1.17 million (a 16.09% reduction). MarketBeat Week in Review – 12/8 - 12/12 A number of other institutional investors also recently modified their holdings of TSLA. Vanguard Group Inc. increased its holdings 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 valued at $79,856,764,000 after purchasing 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 bought a new stake in shares of Tesla during the second quarter worth $11,839,824,000. Legal & General Group Plc increased its stake in shares of Tesla by 5.9% in the second 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 buying an additional 1,134,678 shares in the last quarter. Finally, Amundi raised its holdings in shares of Tesla by 20.4% in the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer's stock valued at $6,374,284,000 after buying an additional 3,422,270 shares during the last quarter. Institutional investors own 66.20% of the company's stock. Get Tesla alerts: