XL Axiata Ownership

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

Recent Insider Transactions

IDX:EXCL Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
02 Sep 24	SellRp4,979,114,348	Abhijit Navalekar	Individual		2,200,000	Rp2,289.98
26 Jun 24	SellRp4,400,009,808	Dian Siswarini	Individual		2,000,000	Rp2,200.00

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 EXCL?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	17,164,615	0.131%
Institutions	737,627,784	5.64%
General Public	3,619,986,704	27.7%
Public Companies	8,697,163,762	66.5%

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

Top Shareholders

Top 25 shareholders own 72.28% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
66.5%	Axiata Group Berhad	8,697,163,762	Rp19.6t	0%	no data
1.79%	Norges Bank Investment Management	233,510,372	Rp525.4b	0%	no data
1.31%	The Vanguard Group, Inc.	170,930,902	Rp384.6b	0%	no data
1.09%	Dimensional Fund Advisors LP	142,967,852	Rp321.7b	-0.66%	no data
0.64%	BlackRock, Inc.	83,089,475	Rp187.0b	3.35%	no data
0.24%	Fidelity International Ltd	31,230,000	Rp70.3b	0%	no data
0.099%	Niche Asset Management Limited	12,999,904	Rp29.3b	0%	0.23%
0.075%	Dian Siswarini	9,764,622	Rp22.0b	0%	no data
0.059%	American Century Investment Management Inc	7,686,693	Rp17.3b	-0.06%	no data
0.054%	BNY Asset Management	7,033,696	Rp15.8b	0.58%	no data
0.052%	RAM Active Investments S.A.	6,763,211	Rp15.2b	0%	0.11%
0.051%	State Street Global Advisors, Inc.	6,726,597	Rp15.1b	-3.97%	no data
0.051%	BNPP Asset Management Holding	6,675,400	Rp15.0b	0%	no data
0.039%	Charles Schwab Investment Management, Inc.	5,079,379	Rp11.4b	0%	no data
0.037%	JP Morgan Asset Management	4,899,389	Rp11.0b	0%	no data
0.035%	David Oses	4,534,069	Rp10.2b	0%	no data
0.031%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	4,107,900	Rp9.2b	0%	no data
0.019%	Geode Capital Management, LLC	2,469,972	Rp5.6b	-1.38%	no data
0.017%	Yessie Yosetya	2,188,845	Rp4.9b	0%	no data
0.012%	Sunline Pte Ltd	1,550,000	Rp3.5b	0%	0.23%
0.011%	Swiss Rock Asset Management AG	1,424,600	Rp3.2b	0%	0.02%
0.011%	Ashmore Investment Management Limited	1,420,192	Rp3.2b	0%	0.04%
0.01%	Van Eck Associates Corporation	1,371,775	Rp3.1b	-25.8%	no data
0.0099%	Legal & General Investment Management Limited	1,293,062	Rp2.9b	0%	no data
0.0073%	Sit Investment Associates, Inc	948,800	Rp2.1b	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 01:37
End of Day Share Price	2024/12/27 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

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

PT XL Axiata Tbk is covered by 48 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
Anand Ramachandran	Barclays
Choong Chen Foong	BNP Paribas Securities (Asia)
Sukriti Bansal	BofA Global Research