Yea, it IS true. Do you have a source? The comment above you has a source that includes > the wealthiest 10% own 84% of all publicly traded stocks, mutual fund

Yea, it IS true. Do you have a source? The comment above you has a source that includes > the wealthiest 10% own 84% of all publicly traded stocks, mutual funds, trusts, or various pension account assets Looks like pensions are included and mutual funds which are likely a majority of 401Ks.