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
17 Jul 25	BuyAU$0	BlackRock, Inc.	Company	48,331,418	AU$14.58
17 Jul 25	SellAU$150,201	BlackRock, Inc.	Company	27,577,721	AU$14.63
24 Jun 25	BuyAU$14,500	Sarah Ryan	Individual	1,000	AU$14.50
09 May 25	BuyAU$28,412,903	UniSuper Limited	Company	3,003,538	AU$12.68
09 May 25	SellAU$841,664,835	UniSuper Limited	Company	60,116,738	AU$14.00
17 Mar 25	BuyAU$122,298,462	UniSuper Limited	Company	9,776,202	AU$12.51
17 Mar 25	SellAU$120,950,005	UniSuper Limited	Company	9,673,914	AU$12.50
27 Feb 25	BuyAU$13,292	Sarah Ryan	Individual	1,000	AU$13.29
24 Feb 25	BuyAU$66,500	Gary Lennon	Individual	5,000	AU$13.30
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

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	571,582	0.0184%
Public Companies	5,212,176	0.167%
General Public	1,374,698,416	44.1%
Institutions	1,734,200,673	55.7%

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

Top Shareholders

Top 25 shareholders own 49.52% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.2%	BlackRock, Inc.	316,364,511	AU$4.7b	0.33%	0.04%
8.5%	UniSuper Limited	264,604,812	AU$3.9b	0%	27.66%
8.34%	State Street Global Advisors, Inc.	259,770,126	AU$3.9b	0%	0.08%
6.02%	The Vanguard Group, Inc.	187,490,250	AU$2.8b	0%	0.02%
5.08%	Australian Super Pty Ltd	158,073,392	AU$2.4b	0%	2.19%
1.69%	Norges Bank Investment Management	52,486,337	AU$783.1m	0%	0.08%
1.26%	Lazard Asset Management LLC	39,328,557	AU$586.8m	0%	0.34%
0.96%	Sumitomo Mitsui DS Asset Management Company, Limited	29,928,800	AU$446.5m	0%	0.57%
0.8%	Australian Foundation Investment Company Limited	24,950,000	AU$372.3m	-8.04%	4.09%
0.75%	Geode Capital Management, LLC	23,213,380	AU$346.3m	-0.75%	0.01%
0.72%	Nt-Comnwlth Super Corp	22,366,776	AU$333.7m	0%	2.59%
0.61%	Netwealth Investments Ltd.	19,072,725	AU$284.6m	22.8%	1.69%
0.48%	UBS Asset Management AG	15,076,281	AU$224.9m	-1.81%	0.01%
0.42%	JP Morgan Asset Management	13,191,977	AU$196.8m	0.48%	0.01%
0.41%	Dimensional Fund Advisors LP	12,825,590	AU$191.4m	0.21%	0.02%
0.4%	BetaShares Capital Limited	12,385,173	AU$184.8m	3.76%	0.5%
0.37%	Northern Trust Global Investments	11,619,483	AU$173.4m	3.81%	0.01%
0.37%	CI Global Asset Management	11,547,077	AU$172.3m	0%	0.2%
0.37%	Mutual Trust Pty Ltd	11,518,090	AU$171.9m	131%	4.95%
0.31%	Cohen & Steers Capital Management, Inc.	9,793,959	AU$146.1m	0%	0.16%
0.31%	Van Eck Associates Corporation	9,594,913	AU$143.2m	1.24%	0.07%
0.31%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	9,539,305	AU$142.3m	-8.05%	0.02%
0.31%	Charles Schwab Investment Management, Inc.	9,501,703	AU$141.8m	0.03%	0.01%
0.3%	Argo Investments Limited	9,193,040	AU$137.2m	0%	1.75%
0.29%	Capital Research and Management Company	8,940,224	AU$133.4m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/18 15:14
End of Day Share Price	2025/11/18 00:00
Earnings	2025/06/30
Annual Earnings	2025/06/30

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.

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 Github.

Analyst Sources

Transurban Group is covered by 26 analysts. 10 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
Matthew Ryan	Barrenjoey Markets Pty Limited
Benjamin Brayshaw	Barrenjoey Markets Pty Limited
Shaurya Visen	BofA Global Research