| Category | Shares | % | Value | Status |
|---|---|---|---|---|
| Circulating | 877.35M | 66.7% | $34.60B | Estimated |
| Free float | - | - | - | Unavailable |
| Insider-held, unrestricted | - | - | - | Unavailable |
| Locked team funds | 0 | 0.0% | $0 | Unavailable |
| Other restricted | 437.36M | 33.3% | $17.25B | Verified |
| Total outstanding | 1.31B | 100.0% | $51.85B | Verified |
| Ownership views (overlap the categories above, never added) | ||||
| Institutional holdings (13F) | 751.17M | 57.1% | $29.63B | Estimated |
| Insider-held, all (Forms 3, 4, 5) | - | - | - | Unavailable |
Institutional and insider holdings can include both tradable and locked shares, so they are shown for reference and never added to the total. Check: circulating + locked team + other restricted = total outstanding reconciles.
Class B (not listed on any exchange)
437,356,274 shares
33.3% of total · $17.25B
Class B shares are not listed on any exchange and cannot be traded as they are. A holder must first convert them into Class A shares, which can then be sold. FloatCap counts them outside circulating supply until converted.
Verified10-Q, Cover page: shares outstanding by class; the class has no trading symbolApplied automatically to every unlisted class.
| Holder | Shares | % of total |
|---|---|---|
| Carlyle Group Inc. | 187.08M | 14.23% |
| H&F Corporate Investors X, Ltd. | 70.87M | 5.39% |
| FMR LLC | 46.96M | 3.57% |
| Capital Research Global Investors | 39.96M | 3.04% |
| Invesco Ltd. | 38.35M | 2.92% |
| BlackRock, Inc. | 26.39M | 2.01% |
| MORGAN STANLEY | 21.61M | 1.64% |
| LONE PINE CAPITAL LLC | 20.97M | 1.59% |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 19.89M | 1.51% |
| VANGUARD CAPITAL MANAGEMENT LLC | 17.82M | 1.36% |
Form 4 aggregation pending
| Class | Listing | Shares outstanding | As of |
|---|---|---|---|
| Class A | MDLN on Nasdaq | 877,351,218 | Aug 3, 2026 |
| Class B | Not listed (valued at MDLN) | 437,356,274 | Aug 3, 2026 |