Institutional ownership
- Thread starter Esq.111
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Post in thread 'BRN Discussion Ongoing' https://thestockexchange.com.au/threads/brn-discussion-ongoing.1/post-377069
Humble Genius
Regular
Humble Genius
Regular
Humble Genius
Regular
Humble Genius
Regular
Labsy
Regular
Rough calc, seam Vanguard through all entities own nearly 100 mill shares... Have I got that right? Mutual and inst included
Labsy
Regular
And this...Apple
"Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Apple is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 8.3% of shares outstanding.26 May 2023"
"Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Apple is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 8.3% of shares outstanding.26 May 2023"
Labsy
Regular
They are also top inst holder of Intel
"
US
Vanguard Group Inc has filed a 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 344,558,754 shares of Intel Corporation (INTC). This represents 8.47 percent ownership of the company. In their previous filing dated February 10, 2021, the investor reported owning 339,140,220 shares and 8.28 percent of the company, indicating an increase in shares of 1.60 percent and an increase in total ownership of 2.29 percent. The investor has filed 9 13D or G filings since February 11, 2014.
Top holders of Intel Corporation sourced from 13F and NPORT filings include:
• Vanguard Group Inc with 340,186,593 shares (8.35% ownership)
• PRBLX - Parnassus Core Equity Fund Investor Shares with 328,137,542 shares (8.06% ownership)
• BlackRock Inc. with 324,410,268 shares (7.97% ownership)
• State Street Corp with 170,837,599 shares (4.20% ownership)
• PARWX - Parnassus Endeavor Fund Investor Shares with 163,715,721 shares (4.02% ownership)
• VTSMX - Vanguard Total Stock Market Index Fund Investor Shares with 114,651,690 shares (2.82% ownership)
• Capital International Investors with 109,436,886 shares (2.69% ownership)
• VFINX - Vanguard 500 Index Fund Investor Shares with 85,196,593 shares (2.09% ownership)
• Geode Capital Management, Llc with 76,546,117 shares (1.88% ownership)
• Invesco Qqq Trust, Series 1 with 53,042,654 shares (1.30% ownership)"
"
US
Vanguard Group Inc has filed a 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 344,558,754 shares of Intel Corporation (INTC). This represents 8.47 percent ownership of the company. In their previous filing dated February 10, 2021, the investor reported owning 339,140,220 shares and 8.28 percent of the company, indicating an increase in shares of 1.60 percent and an increase in total ownership of 2.29 percent. The investor has filed 9 13D or G filings since February 11, 2014.
Top holders of Intel Corporation sourced from 13F and NPORT filings include:
• Vanguard Group Inc with 340,186,593 shares (8.35% ownership)
• PRBLX - Parnassus Core Equity Fund Investor Shares with 328,137,542 shares (8.06% ownership)
• BlackRock Inc. with 324,410,268 shares (7.97% ownership)
• State Street Corp with 170,837,599 shares (4.20% ownership)
• PARWX - Parnassus Endeavor Fund Investor Shares with 163,715,721 shares (4.02% ownership)
• VTSMX - Vanguard Total Stock Market Index Fund Investor Shares with 114,651,690 shares (2.82% ownership)
• Capital International Investors with 109,436,886 shares (2.69% ownership)
• VFINX - Vanguard 500 Index Fund Investor Shares with 85,196,593 shares (2.09% ownership)
• Geode Capital Management, Llc with 76,546,117 shares (1.88% ownership)
• Invesco Qqq Trust, Series 1 with 53,042,654 shares (1.30% ownership)"
Humble Genius
Regular
Looks like institutions and mutual funds have bought up again...... DUI Wertefinder up 3.5 million shares.. FV Frankfurter Vermogen AG up 3.5 million shares.
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Frangipani
Regular
Well spotted!
However, just to clarify: We are talking about a total of 3.5 million shares here, not about a total of 7 million shares, right?
Let me explain for those of you who are confused now - at least this is how I understand it: DUI Wertefinder is one of two mixed funds by asset management company FV Frankfurter Vermögen AG holding BRN shares. The other is called DigiTrends Aktienfonds, but that one doesn’t show up in the Top 20 mutual fund ownership table Humble Genius posted on Sunday, as its holding of BRN shares is not large enough.
For the DigiTrends Aktienfonds, the most up-to-date document I found on their website is almost a year old - on Nov 30, 2022 the fund held 1,500,000 BRN shares. According to Morningstar, it has since increased its amount of shares to a total of 1,875,000 shares. And DUI Wertefinder, as HG rightly noticed, increased its shares in BRN by 3.5 million since end of June and now holds a total of 17,700,000 shares. That’s why Frankfurter Vermögen is listed as an institutional holder of 19,575,000 shares (17,700,000 + 1,875,000), and of course that’s why they are also up by 3.5 million in the institutional ownership table. It is the exact same amount of 3.5 million shares that is reflected in both tables.
As far as I understand (sorry, I don’t have any background in finance and may not use the correct terms), those two funds have been launched by FV Frankfurter Vermögen AG via a fund services platform offered by Universal Investment GmbH. Frankfurter Vermögen is hence normally listed as the funds’ institutional owner; however, on Morningstar, for some reason Universal Investment is named instead. And strangely as owner of 17,700,000 shares only - did the DigiTrends Aktienfonds vanish into thin air? I can’t match their number of shares with any other institutional owner in the respective Top 20 (see below) where they’d belong, with more shares than Blackrock and Charles Schwab Investment Management.
Weird…To make things even slightly more complicated: Since 2011, Frankfurter Vermögen has also been an investment adviser for a Spanish mutual fund called Renta 4 Wertefinder FI which unsurprisingly is invested in BRN as well. Listed as the fund’s institutional owner is Renta 4 Gestora, S.G.I.I.C., S.A., the investment management branch of Spanish bank Renta 4 Banco.
So to sum it up - the following three underlined mutual funds have all been either launched by or are connected to Frankfurter Vermögen.
Another interesting observation:
Provided the Morningstar figures for institutions that recently invested in BRN are correct, I noticed that the top three entities all happen to be connected to AMP (AMP Group, AMP Capital Investors Limited and IPAC Asset Management Limited) and together have bought just shy of 11.3 million BRN shares in recent weeks. Plus a couple of more AMP-related entities buying smaller amounts in the 100,000s and 10,000s.
But then of course this begs the question of why those AMP-related entities do not show up in your institutional ownership table, @Humble Genius?
Curiouser and curiouser…Do they possibly hide behind a nominee account? Perhaps behind JP Morgan in the BRN Top 20 shareholder list? When comparing the 2nd and 3rd quarter lists, @GazDix noticed JP Morgan had been the “biggest accumulators on the dip”, buying “over 20 million shares the last two ‘terrible’ quarters.”
I reckon somebody connected to AMP must be really bullish about BRN…
AMP Limited - Wikipedia
AMP is a financial services company in Australia and New Zealand providing superannuation and investment products, financial advice, and banking products (through AMP Banking) including home loans and savings accounts. Its headquarters is in Sydney, Australia.
AMP Limited
.svg)
| |
| Type | Public |
|---|---|
| Traded as | ASX: AMP |
| Industry | Finance |
| Founded | 1 January 1849; 174 years ago |
| Headquarters | Quay Quarter Tower, Australia |
| Key people | Debra Hazelton, (Chair) Alexis George(CEO) |
| Products | Financial services |
| Net income | A$972 million (2015)[1] |
| Total assets | A$110.4 billion (2015)[2] |
| Number of employees | 4,826[3] |
| Divisions | AMP Capital AMP Financial Services Axa Asia Pacific |
| Website | amp.com.au |
The Australian Mutual Provident Society was formed in 1849 as a non-profit life insurance company and mutual society. In 1998, it was demutualised into an Australian public company, AMP Limited, and listed on the Australian and New Zealand stock exchanges.
AMP has one of Australia's largest shareholder registers, with most shareholders living in Australia and New Zealand. This is because when the society demutualised, all policy holders received shares in the new company.
(…)
The company provides financial planning and advice, banking, life insurance, managed funds, superannuation, property, listed assets and infrastructure. It is Australia's largest retail and corporate superannuation provider, and is the largest life risk business in Australia. One of AMP's subsidiaries, AMP Capital, was the aligned wealth manager, with more than A$128 billion[11] in assets under management, making it one of the largest asset managers in the Asia Pacific (excluding Japan) region. AMP Capital has now been stripped out of the AMP Group, along with AMP Life and sold to Dexus and Resolution Capital respectively. AMP Wealth is now the appointed investment manager within the AMP Group.
AMP has four main business areas:
- Advice and banking provides financial planning and advice, superannuation services for businesses, and selected banking products. These products and services are primarily distributed through a network of self-employed financial planners. AMP has been granted a [MySuper] authority, enabling it to continue to receive default superannuation contribution from 1 January 2014.
- Insurance and superannuation provides superannuation, personal risk insurance products and self-managed super fund administration, support and design. These products and services are primarily distributed through a network of self-employed financial planners
- Customer solutions
- AMP Capital is a global investment manager.
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I feel the same way - simply wow! but for this work there is a heart from me @Frangipani
And many thanks! I've been wondering for a longer time what's behind Frankfurter Vermögen.