Can We See Significant Institutional Ownership On The Bolsa de Comercio de Santiago, Bolsa de Valores (SNSE:BOLSASTGO) Share Register?

Simply Wall St

If you want to know who really controls Bolsa de Comercio de Santiago, Bolsa de Valores (SNSE:BOLSASTGO), then you'll have to look at the makeup of its share registry. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. Companies that have been privatized tend to have low insider ownership.

With a market capitalization of CL$116b, Bolsa de Comercio de Santiago Bolsa de Valores is a small cap stock, so it might not be well known by many institutional investors. Taking a look at our data on the ownership groups (below), it's seems that institutions are noticeable on the share registry. Let's delve deeper into each type of owner, to discover more about Bolsa de Comercio de Santiago Bolsa de Valores.

View our latest analysis for Bolsa de Comercio de Santiago Bolsa de Valores

SNSE:BOLSASTGO Ownership Summary, January 15th 2020

What Does The Institutional Ownership Tell Us About Bolsa de Comercio de Santiago Bolsa de Valores?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

As you can see, institutional investors own 16% of Bolsa de Comercio de Santiago Bolsa de Valores. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Bolsa de Comercio de Santiago Bolsa de Valores, (below). Of course, keep in mind that there are other factors to consider, too.

SNSE:BOLSASTGO Income Statement, January 15th 2020

Hedge funds don't have many shares in Bolsa de Comercio de Santiago Bolsa de Valores. B3 S.A. - Brasil, Bolsa, Balcão is currently the largest shareholder, with 10% of shares outstanding. The second and third largest shareholders are Itaú CorpBanca and BancoEstado S.A. Corredores De Bolsa, Asset Management Arm, holding 4.2% and 2.1%, respectively.

Further, we can found that 52% of the ownership is controlled by the top 20 shareholders, meaning that no one shareholder has a majority interest in the ownership.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.

Insider Ownership Of Bolsa de Comercio de Santiago Bolsa de Valores

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board; and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board, themselves.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

I can report that insiders do own shares in Bolsa de Comercio de Santiago, Bolsa de Valores. As individuals, the insiders collectively own CL$4.0b worth of the CL$116b company. It is good to see some investment by insiders, but I usually like to see higher insider holdings. It might be worth checking if those insiders have been buying.

General Public Ownership

The general public, with a 42% stake in the company, will not easily be ignored. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.

Private Company Ownership

It seems that Private Companies own 24%, of the BOLSASTGO stock. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.

Public Company Ownership

It appears to us that public companies own 15% of BOLSASTGO. We can't be certain, but this is quite possible this is a strategic stake. The businesses may be similar, or work together.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand Bolsa de Comercio de Santiago Bolsa de Valores better, we need to consider many other factors. Take risks, for example - Bolsa de Comercio de Santiago Bolsa de Valores has 2 warning signs (and 1 which is a bit concerning) we think you should know about.

Of course this may not be the best stock to buy. So take a peek at this free free list of interesting companies.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.

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