Tower Limited

NZSE:TWR Stock Report

Market Cap: NZ$466.8m

Tower Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NZSE:TWR Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
24 Jul 24BuyNZ$8,879,540Salt Investment Funds LimitedCompany14,085,782NZ$0.63
24 Jul 24SellNZ$10,883,469Salt Investment Funds LimitedCompany15,033,105NZ$0.72
14 Dec 23BuyNZ$21,086Michael CutterIndividual34,726NZ$0.61

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of TWR?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders1,120,6920.295%
Private Companies16,200,0004.27%
Hedge Funds67,464,85817.8%
General Public131,344,77434.6%
Institutions163,353,66343%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 24 shareholders own 65.39% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
17.8%
Bain Capital Credit, LP
67,464,858NZ$83.0m0%6.73%
9.55%
Accident Compensation Corporation, Asset Management Arm
36,239,113NZ$44.6m0%0.92%
7.01%
New Zealand Funds Management Ltd.
26,615,216NZ$32.7m0%93.25%
5.82%
Pacific International Insurance Pty Ltd, Asset Management Arm
22,072,615NZ$27.1m0%no data
4.27%
Lennon Holdings Limited
16,200,000NZ$19.9m0%no data
4.13%
Salt Investment Funds Limited
15,688,056NZ$19.3m19.7%28.39%
3.54%
Masfen Securities Limited, Asset Management Arm
13,430,197NZ$16.5m0%no data
2.8%
Salt Funds Management Limited
10,629,477NZ$13.1m-21.9%12.88%
2.72%
Jmis Investment Management Limited
10,323,415NZ$12.7m0%100.0%
2.22%
Bain Capital, LP
8,431,589NZ$10.4m0%0.07%
1.62%
Devon Funds Management Limited
6,139,439NZ$7.6m0%3.29%
1.45%
Dimensional Fund Advisors LP
5,514,479NZ$6.8m-0.31%no data
1.18%
Aspiring Asset Management Limited
4,482,841NZ$5.5m0%1.23%
0.78%
Forsyth Barr Investment Management Limited
2,969,613NZ$3.7m0%0.19%
0.16%
Michael Stiassny
624,897NZ$768.6k0%no data
0.092%
AMP Capital Investors Limited
350,681NZ$431.3k0%0.43%
0.079%
FCA Corp
300,000NZ$369.0k0%0.06%
0.067%
Blair Turnbull
253,030NZ$311.2k0%no data
0.053%
Graham Stuart
202,500NZ$249.1k0%no data
0.036%
Macquarie Asset Management (NZ), LTD
137,140NZ$168.7k-96.3%0.05%
0.0092%
Michael Cutter
34,726NZ$42.7k0%no data
0.0078%
American Century Investment Management Inc
29,792NZ$36.6k0%no data
0.0014%
Geraldine McBride
5,477NZ$6.7k0%no data
0.00002%
Marcus Nagel
62NZ$93.40%no data