a2 Milk Ownership

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

Recent Insider Transactions

ASX:A2M Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
02 Apr 24	BuyAU$755,789	The Vanguard Group, Inc.	Company	123,119	AU$6.23
15 Mar 24	BuyAU$151,908	The Vanguard Group, Inc.	Company	26,429	AU$5.75
15 Mar 24	SellAU$1,234,521	The Vanguard Group, Inc.	Company	214,783	AU$5.75
08 Mar 24	BuyAU$6,047,618	The Vanguard Group, Inc.	Company	993,183	AU$6.09
27 Feb 24	SellAU$258,336	Kevin Bush	Individual	44,500	AU$5.89
16 Feb 24	BuyAU$179,343,423	Bangarra Group	Company	35,596,730	AU$5.04
16 Feb 24	SellAU$3,314,513	The Vanguard Group, Inc.	Company	645,411	AU$5.14
01 Feb 24	BuyAU$150,142,392	Goldman Sachs Group, Investment Banking and Securities Investments	Company	36,346,565	AU$4.19
03 Jan 24	BuyAU$124,364	Goldman Sachs Asset Management, L.P.	Company	32,151	AU$3.87
13 Dec 23	BuyAU$32,371,087	Perpetual Limited	Company	7,429,890	AU$4.36
04 Dec 23	BuyAU$146,365,911	Goldman Sachs Group, Investment Banking and Securities Investments	Company	35,313,955	AU$4.16
04 Dec 23	SellAU$153,974,482	Goldman Sachs Group, Investment Banking and Securities Investments	Company	36,786,750	AU$4.20
01 Dec 23	SellAU$2,775,100	Perpetual Limited	Company	609,334	AU$4.55
30 Nov 23	SellAU$505,757	Goldman Sachs Asset Management, L.P.	Company	130,191	AU$4.02
28 Nov 23	BuyAU$2,129,938	Pendal Group Limited	Company	543,640	AU$3.92
20 Nov 23	BuyAU$186,716	Goldman Sachs Asset Management, L.P.	Company	44,708	AU$4.18
24 Aug 23	BuyAU$176,732,103	Goldman Sachs Group, Investment Banking and Securities Investments	Company	29,950,214	AU$6.11
24 Aug 23	SellAU$728,155,550	Goldman Sachs Group, Investment Banking and Securities Investments	Company	129,522,954	AU$5.89
17 Aug 23	BuyAU$626,702	Goldman Sachs Asset Management, L.P.	Company	109,193	AU$6.03
08 Aug 23	BuyAU$16,980	BlackRock, Inc.	Company	1,434,247	AU$5.98
03 Aug 23	SellAU$15,775	BlackRock, Inc.	Company	1,525,761	AU$5.92
02 Aug 23	SellAU$438,990	Goldman Sachs Asset Management, L.P.	Company	79,301	AU$6.32
07 Jun 23	BuyAU$150,980,716	Perpetual Limited	Company	27,834,106	AU$5.42
02 Jun 23	SellAU$138,051,119	Perpetual Limited	Company	25,187,910	AU$5.48
26 May 23	BuyAU$26,625,236	Pendal Group Limited	Company	3,923,177	AU$6.81

Insider Trading Volume

Insider Buying: A2M insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of A2M?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	3,179,380	0.44%
Institutions	293,760,044	40.6%
General Public	425,995,384	58.9%

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

Top Shareholders

Top 25 shareholders own 39.95% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.59%	Perpetual Limited	54,861,845	AU$334.3m	6.01%	0.64%
5.7%	Bangarra Group	41,186,962	AU$251.0m	0%	99.99%
5.46%	BlackRock, Inc.	39,471,338	AU$240.5m	0.12%	no data
5%	The Vanguard Group, Inc.	36,159,019	AU$220.3m	-2.78%	no data
2.91%	Goldman Sachs Group, Investment Banking and Securities Investments	21,042,025	AU$128.2m	-39.7%	0.04%
2.74%	Accident Compensation Corporation, Asset Management Arm	19,790,745	AU$120.6m	0%	2.87%
2.73%	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	19,756,171	AU$120.4m	0%	0.02%
1.79%	Smartshares Ltd.	12,971,347	AU$79.0m	0%	1.5%
1.3%	Norges Bank Investment Management	9,433,385	AU$57.5m	-3.52%	no data
0.87%	Public Trust of New Zealand, Asset Management Arm	6,316,029	AU$38.5m	0%	14.47%
0.59%	Pendal Group Limited	4,247,366	AU$25.9m	14.4%	0.18%
0.5%	State Street Global Advisors, Inc.	3,601,200	AU$21.9m	1.83%	no data
0.47%	Australian Super Pty Ltd	3,372,341	AU$20.5m	0%	0.02%
0.4%	BetaShares Capital Limited	2,885,868	AU$17.6m	5.25%	0.08%
0.29%	Trust Investments Management Limited	2,089,792	AU$12.7m	0%	6.22%
0.27%	Charles Schwab Investment Management, Inc.	1,986,483	AU$12.1m	3.29%	no data
0.26%	Dimensional Fund Advisors LP	1,898,667	AU$11.6m	-4.13%	no data
0.19%	Milford Asset Management, LTD	1,370,136	AU$8.3m	0%	0.12%
0.17%	KBC Asset Management NV	1,193,344	AU$7.3m	0%	0.01%
0.16%	QuayStreet Asset Management Limited	1,127,892	AU$6.9m	0%	0.55%
0.15%	David Lovat Hearn	1,055,000	AU$6.4m	0%	no data
0.11%	AMP Investment Management (N.Z.) Limited	797,576	AU$4.9m	0%	1.75%
0.11%	David Bortolussi	789,860	AU$4.8m	0%	no data
0.096%	Forsyth Barr Investment Management Limited	693,063	AU$4.2m	0%	0.29%
0.094%	Russell Investment Management, LLC	681,604	AU$4.2m	0%	no data