Challenger Ownership

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

Recent Insider Transactions

DB:GK9 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
01 Nov 24	Buy€48,419	Duncan West	Individual	13,456	€3.60
11 Oct 24	Buy€5,188	State Street Global Advisors, Inc.	Company	783,851	€4.16
30 Sep 24	Sell€369,817	Nicolas Hamilton	Individual	90,000	€4.11
25 Sep 24	Sell€958,424	State Street Global Advisors, Inc.	Company	253,821	€3.95
16 Sep 24	Sell€366,797	Nicolas Hamilton	Individual	97,331	€3.77
13 Sep 24	Buy€70,750	State Street Global Advisors, Inc.	Company	7,003,210	€4.45
12 Sep 24	Sell€575,594	State Street Global Advisors, Inc.	Company	10,675,439	€4.50
09 Sep 24	Buy€16,526,131	Goldman Sachs Group, Investment Banking and Securities Investments	Company	4,372,046	€3.78
09 Sep 24	Buy€30,253	Lisa Gray	Individual	8,103	€3.73
09 Sep 24	Sell€11,332,820	Goldman Sachs Group, Investment Banking and Securities Investments	Company	2,956,341	€3.83
09 Sep 24	Sell€220,890,185	Apollo Global Management, Inc.	Company	56,345,462	€3.92
09 Sep 24	Sell€55,901,267	Athene Holding Ltd.	Company	14,259,496	€3.92
04 Sep 24	Buy€46,138,065	Goldman Sachs Group, Investment Banking and Securities Investments	Company	11,167,851	€4.13
16 Aug 24	Buy€6,126,589	Goldman Sachs Asset Management, L.P.	Company	1,523,357	€4.02

Insider Trading Volume

Insider Buying: GK9 insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of GK9?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	939,503	0.137%
Private Companies	4,477,957	0.655%
VC/PE Firms	68,421,700	10%
Institutions	267,351,307	39.1%
General Public	342,405,224	50.1%

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

Top Shareholders

Top 25 shareholders own 48.48% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
15.3%	MS&AD Insurance Group Holdings, Inc., Asset Management Arm	104,353,125	€380.3m	0%	3.66%
10%	Apollo Global Management, Inc.	68,421,700	€249.4m	-45.2%	4.23%
4.36%	State Street Global Advisors, Inc.	29,811,733	€108.6m	-12.7%	no data
3.67%	The Vanguard Group, Inc.	25,119,888	€91.5m	0%	no data
3.03%	Dimensional Fund Advisors LP	20,726,679	€75.5m	8.15%	0.01%
2.16%	Norges Bank Investment Management	14,753,281	€53.8m	0%	no data
1.59%	T. Rowe Price Group, Inc.	10,838,670	€39.5m	-0.34%	no data
1.32%	BlackRock, Inc.	9,005,175	€32.8m	1.84%	no data
1.08%	Wilson Asset Management (International) Pty Ltd.	7,415,945	€27.0m	0%	0.89%
0.93%	Goldman Sachs Group, Investment Banking and Securities Investments	6,340,139	€23.1m	0%	0.01%
0.8%	Argo Investments Limited	5,440,311	€19.8m	0%	0.43%
0.66%	CPU Share Plans Pty Limited	4,477,957	€16.3m	-3.01%	no data
0.51%	BetaShares Capital Limited	3,459,693	€12.6m	3.77%	0.07%
0.44%	Mutual Trust Pty Ltd, Asset Management Arm	3,033,914	€11.1m	0.57%	0.78%
0.39%	Colonial First State Investments Limited	2,632,220	€9.6m	-0.6%	0.1%
0.36%	Netwealth Investments Ltd.	2,469,876	€9.0m	0%	0.1%
0.36%	Goldman Sachs Asset Management, L.P.	2,430,029	€8.9m	54.8%	no data
0.27%	Nt-Comnwlth Super Corp	1,856,302	€6.8m	-64%	0.1%
0.26%	FMR LLC	1,788,817	€6.5m	598,000%	no data
0.24%	American Century Investment Management Inc	1,674,156	€6.1m	24%	no data
0.24%	Charles Schwab Investment Management, Inc.	1,622,380	€5.9m	16.1%	no data
0.15%	Russell Investment Management Ltd.	1,033,633	€3.8m	0%	0.83%
0.14%	Charles & Cornelia Goode Foundation Pty Ltd, Endowment Arm	923,485	€3.4m	0%	23.32%
0.13%	Schroder Investment Management (Singapore) Ltd.	916,247	€3.3m	0%	0.02%
0.12%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	836,235	€3.0m	37.8%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 15:43
End of Day Share Price	2025/01/02 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

Challenger Limited is covered by 30 analysts. 13 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
Anthony Hoo	ANZ Equities Pty Limited
Brett Le Mesurier	Axiome Equities
Russell Wright	Barclay Pearce Capital Pty Limited