Major institutional shareholders holding significant equity stakes in Penguin Solutions, Inc. (NASDAQ: PENG) include massive global asset management firms and investment index providers. Leading institutional entities such as BlackRock, Inc. and FMR LLC hold prominent ownership percentages, controlling millions of shares. Additional institutional investors, including specialized small-cap value funds, mutual fund complexes, and corporate insiders, round out the remaining ownership structure, reflecting broad institutional confidence in the company's enterprise hardware and artificial intelligence infrastructure solutions.