DBS Group Holdings Ownership

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

Recent Insider Transactions

DB:DEVL Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
08 Nov 24	Sell€59	Piyush Gupta	Individual	300,000	€0.00029
16 May 24	Sell€3,037,325	Piyush Gupta	Individual	125,000	€24.35
03 May 24	Sell€1,844,151	Piyush Gupta	Individual	75,000	€24.59

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of DEVL?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	312,840	0.011%
Individual Insiders	7,907,852	0.278%
Institutions	730,254,555	25.7%
VC/PE Firms	817,354,140	28.8%
General Public	1,283,795,021	45.2%

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

Top Shareholders

Top 25 shareholders own 46.45% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
28.8%	Temasek Holdings (Private) Limited	817,354,140	€25.5b	0%	22.54%
2.83%	The Vanguard Group, Inc.	80,261,643	€2.5b	0.38%	0.04%
2.24%	BlackRock, Inc.	63,612,752	€2.0b	1.53%	0.03%
1.95%	Capital Research and Management Company	55,432,316	€1.7b	2.84%	0.08%
1.44%	Norges Bank Investment Management	40,838,201	€1.3b	0%	0.11%
1.42%	JP Morgan Asset Management	40,400,718	€1.3b	3.88%	0.14%
0.85%	Massachusetts Financial Services Company	24,265,150	€758.2m	-4.98%	0.17%
0.63%	Geode Capital Management, LLC	17,930,708	€560.3m	0.68%	0.04%
0.58%	Harding Loevner LP	16,335,833	€510.4m	1.94%	1.72%
0.56%	Schroder Investment Management Limited	15,978,396	€499.2m	0.09%	0.32%
0.51%	State Street Global Advisors, Inc.	14,566,063	€455.1m	0.65%	0.02%
0.5%	Schroder Investment Management (Singapore) Ltd.	14,083,453	€440.0m	0%	2.69%
0.49%	Franklin Resources, Inc.	13,913,643	€434.7m	0.68%	0.16%
0.49%	abrdn plc	13,787,574	€430.8m	4.29%	0.34%
0.45%	Lee Foundation, Singapore, Endowment Arm	12,664,094	€395.7m	0%	98.13%
0.38%	RBC Global Asset Management Inc.	10,750,050	€335.9m	-0.62%	0.21%
0.32%	Fidelity International Ltd	9,203,900	€287.6m	1.26%	0.12%
0.31%	Deutsche Asset & Wealth Management	8,670,952	€270.9m	0.04%	0.08%
0.3%	T. Rowe Price Group, Inc.	8,501,210	€265.6m	-0.08%	0.02%
0.27%	Davis Selected Advisers LP	7,595,895	€237.3m	-28.4%	1.18%
0.25%	Aristotle Capital Management, LLC	6,960,406	€217.5m	1.35%	0.42%
0.24%	Charles Schwab Investment Management, Inc.	6,750,618	€210.9m	2.37%	0.04%
0.23%	Columbia Management Investment Advisers, LLC	6,533,103	€204.1m	12.3%	0.05%
0.23%	GQG Partners LLC	6,396,646	€199.9m	0%	0.17%
0.22%	Wellington Management Group LLP	6,351,837	€198.5m	0.9%	0.03%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/03 18:19
End of Day Share Price	2025/01/02 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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

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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

DBS Group Holdings Ltd is covered by 41 analysts. 15 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
Wing San Wong	Barclays
Dominic Chan	BNP Paribas Securities (Asia)
Anand Swaminathan	BofA Global Research