Semen Indonesia (Persero) Ownership

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

Recent Insider Transactions

IDX:SMGR Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
30 Jan 25	SellRp68,526,500	Sony Subrata	Individual		24,300	Rp2,820.02

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 SMGR?
Owner Type	Number of Shares	Ownership Percentage
State or Government	1	0.0000000148%
Individual Insiders	3,578,639	0.0531%
Institutions	965,279,658	14.3%
General Public	2,309,662,788	34.3%
Private Companies	3,457,023,004	51.3%

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

Top Shareholders

Top 25 shareholders own 65.47% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
51.3%	PT Danantara Asset Management (Persero)	3,457,023,004	Rp9.0t	0%	no data
2.8%	Invesco Ltd.	188,405,522	Rp491.7b	29.5%	0.01%
2%	The Vanguard Group, Inc.	134,849,150	Rp352.0b	3.23%	no data
1.51%	T. Rowe Price Group, Inc.	101,741,200	Rp265.5b	0%	no data
1.22%	Fidelity International Ltd	82,389,061	Rp215.0b	0%	no data
1.21%	Hartford Funds Management Company, LLC	81,307,971	Rp212.2b	-0.49%	0.03%
1.05%	BlackRock, Inc.	70,393,898	Rp183.7b	5.02%	no data
0.79%	Dimensional Fund Advisors LP	53,543,055	Rp139.7b	0.02%	no data
0.78%	RWC Partners Limited	52,872,500	Rp138.0b	0%	0.06%
0.72%	Norges Bank Investment Management	48,336,421	Rp126.2b	0%	no data
0.62%	Schroder Investment Management Limited	41,950,900	Rp109.5b	0%	no data
0.22%	American Century Investment Management Inc	15,133,125	Rp39.5b	74.2%	no data
0.21%	Niche Asset Management Limited	14,200,000	Rp37.1b	0%	0.17%
0.19%	Comgest S.A.	12,962,700	Rp33.8b	0%	0.01%
0.16%	Columbia Management Investment Advisers, LLC	10,761,800	Rp28.1b	1.33%	no data
0.12%	State Street Global Advisors, Inc.	8,079,579	Rp21.1b	4.11%	no data
0.098%	JP Morgan Asset Management	6,599,300	Rp17.2b	0%	no data
0.095%	Jackson National Asset Management, LLC	6,373,000	Rp16.6b	-3.83%	0.01%
0.077%	AIA Investment Management Private Limited	5,196,800	Rp13.6b	0%	0.01%
0.056%	Charles Schwab Investment Management, Inc.	3,758,524	Rp9.8b	0.15%	no data
0.047%	Polunin Capital Partners Limited	3,159,088	Rp8.2b	0%	0.03%
0.042%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	2,808,900	Rp7.3b	0%	no data
0.041%	KLP Kapitalforvaltning AS	2,794,900	Rp7.3b	0%	no data
0.04%	Eastspring Investments (Singapore) Limited	2,687,351	Rp7.0b	0%	no data
0.032%	Geode Capital Management, LLC	2,131,169	Rp5.6b	21%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/15 16:06
End of Day Share Price	2026/01/15 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

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.

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

PT Semen Indonesia (Persero) Tbk is covered by 28 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
Swati Chopra	BofA Global Research
Bob Setiadi	CGS International
Jonathan Steven Mardjuki	CLSA