$LAC Hedge funds don’t have many shares in Lithium Americas. Our data shows that Ganfeng Lithium Co., Ltd. is the largest shareholder with 16% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 15% and 2.7%, of the shares outstanding, respectively. Lithium Americas isn’t enormous, but it’s not particularly small either. It has a market capitalization of CA$1.6b, which means it would generally expect to see some institutions on the share registry. Taking a look at our data on the ownership groups (below), it seems that institutions are noticeable on the share registry.