Transurban Group Ownership

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

Recent Insider Transactions

ASX:TCL Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
20 Dec 24	BuyAU$27,406	BlackRock, Inc.	Company	81,886,221	AU$14.07
20 Dec 24	SellAU$1,063,919	BlackRock, Inc.	Company	46,087,053	AU$13.99
13 Aug 24	BuyAU$130,830,087	Australian Super Pty Ltd	Company	10,056,117	AU$13.01
12 Aug 24	SellAU$66,771,230	Australian Super Pty Ltd	Company	5,130,709	AU$13.01
18 Jul 24	SellAU$454,460,995	UniSuper Limited	Company	35,468,324	AU$12.81
21 Jun 24	BuyAU$793,733,504	The Vanguard Group, Inc.	Company	52,253,689	AU$15.19
21 Jun 24	SellAU$274,026,739	The Vanguard Group, Inc.	Company	18,280,636	AU$14.99
25 Mar 24	BuyAU$52,677	Gary Lennon	Individual	4,000	AU$13.17
13 Feb 24	BuyAU$1,208,409	UniSuper Limited	Company	84,324	AU$14.33
23 Jan 24	BuyAU$46,506,950	UniSuper Limited	Company	3,453,296	AU$13.47

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 TCL?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	317,953	0.0102%
Public Companies	5,212,176	0.168%
General Public	1,263,691,755	40.7%
Institutions	1,834,808,914	59.1%

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

Top Shareholders

Top 25 shareholders own 51.64% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.4%	UniSuper Limited	321,615,724	AU$4.3b	-9.03%	30.31%
9.12%	BlackRock, Inc.	283,160,736	AU$3.8b	13.8%	0.04%
8.37%	State Street Global Advisors, Inc.	259,770,126	AU$3.5b	15.8%	0.08%
6.04%	The Vanguard Group, Inc.	187,490,250	AU$2.5b	0%	0.02%
5.09%	Australian Super Pty Ltd	158,073,392	AU$2.1b	9.93%	1.39%
1.68%	Norges Bank Investment Management	52,257,216	AU$699.7m	0%	0.04%
1.62%	Macquarie Capital Investment Management LLC	50,353,009	AU$674.2m	0%	15.65%
1.4%	Lazard Asset Management LLC	43,439,469	AU$581.7m	-7.11%	0.33%
0.8%	Australian Foundation Investment Company Limited	24,950,000	AU$334.1m	-8.34%	3.68%
0.72%	Nt-Comnwlth Super Corp	22,367,432	AU$299.5m	5.92%	2.63%
0.71%	Geode Capital Management, LLC	22,180,786	AU$297.0m	1.26%	0.01%
0.69%	Macquarie Investment Management Limited	21,412,429	AU$286.7m	0%	6.35%
0.59%	CI Global Asset Management	18,390,473	AU$246.2m	-5%	0.32%
0.5%	Netwealth Investments Ltd.	15,535,156	AU$208.0m	9.91%	1.46%
0.48%	UBS Asset Management AG	14,984,691	AU$200.6m	-1.95%	0.01%
0.45%	JP Morgan Asset Management	13,929,834	AU$186.5m	-0.16%	0.01%
0.4%	Northern Trust Global Investments	12,566,735	AU$168.3m	-0.09%	0.02%
0.36%	Dimensional Fund Advisors LP	11,302,494	AU$151.3m	3.89%	0.01%
0.36%	M&G Investment Management Limited	11,224,304	AU$150.3m	0%	0.19%
0.33%	Capital Research and Management Company	10,328,007	AU$138.3m	0%	no data
0.33%	Sumitomo Mitsui DS Asset Management Company, Limited	10,252,724	AU$137.3m	8.05%	0.24%
0.32%	BetaShares Capital Limited	9,891,330	AU$132.4m	4.03%	0.46%
0.3%	Argo Investments Limited	9,193,040	AU$123.1m	0%	1.67%
0.29%	Charles Schwab Investment Management, Inc.	9,110,550	AU$122.0m	3.65%	0.01%
0.29%	Amundi Asset Management SAS	9,008,906	AU$120.6m	0.7%	0.02%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 06:14
End of Day Share Price	2024/12/31 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Transurban Group is covered by 37 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Russell Wright	APP Securities Pty Ltd.
Russell Wright	Barclay Pearce Capital Pty Limited
Benjamin Brayshaw	Barrenjoey Markets Pty Limited