This study examines the effect of institutional ownership and managerial ownership on the performance of companies in trade, services, and investment listed on the Indonesia Stock Exchange for the period 2021-2023. The analysis technique used is multiple linear regression analysis and the data collection technique used is purposive sampling. In the study, company performance was measured using Return on Assets (ROA). The results of the study indicate that the first and second hypotheses are rejected, namely institutional ownership does not have a significant effect on company performance, while managerial ownership has a significant negative effect on company performance.