Arion banki hf Ownership

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

Recent Insider Transactions

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 ARION?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	34,042,500	2.46%
General Public	346,690,236	25.1%
Institutions	1,003,037,688	72.5%

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

Top Shareholders

Top 25 shareholders own 74.68% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10%	Gildi - lífeyrissjódur	138,742,100	ISK 25.0b	0%	18.7%
9.91%	Lífeyrissjóilur Verzlunarmanna, Kt.	137,077,800	ISK 24.7b	0%	55.92%
9.61%	Pension Fund for State Employees	132,992,700	ISK 23.9b	0%	24.56%
5.81%	Stodir Hf	80,340,300	ISK 14.5b	0%	54.41%
5.78%	Bru Lifeyrissjoour Starfsmanna Sveitarfelaga	80,037,700	ISK 14.4b	0%	22.23%
3.94%	The Vanguard Group, Inc.	54,468,000	ISK 9.8b	0%	no data
3.93%	Frjálsi lífeyrissjóðurinn	54,316,700	ISK 9.8b	0%	34.04%
3.76%	Íslandssjóðir hf	52,047,200	ISK 9.4b	0%	31.28%
3.44%	Birta Lifeyrissjodur	47,659,500	ISK 8.6b	0%	15.26%
3.3%	Stapi Lífeyrissjódur	45,692,600	ISK 8.2b	0%	24.79%
2.46%	Hvalur hf.	34,042,500	ISK 6.1b	0%	no data
2.27%	Festa lífeyrissjóður	31,470,400	ISK 5.7b	0%	19.75%
1.78%	Stefnir Hf	24,661,900	ISK 4.4b	0%	7.6%
1.66%	Lífsverk lífeyrissjóður	22,997,600	ISK 4.1b	0%	22.9%
1.65%	Almenni Pension Fund	22,846,300	ISK 4.1b	0%	24.04%
1.23%	Eaton Vance Management	16,986,374	ISK 3.1b	7.65%	no data
1.03%	Landsbréf Hf.	14,222,200	ISK 2.6b	0%	63.06%
1.01%	Landsbankinn hf.	13,919,600	ISK 2.5b	0%	35.68%
0.6%	Legal & General Investment Management Limited	8,288,090	ISK 1.5b	0%	no data
0.5%	Sjóvá-Almennar tryggingar hf.	6,959,800	ISK 1.3b	0%	69.89%
0.3%	HSBC Global Asset Management (UK) Limited	4,101,754	ISK 738.0m	0.11%	no data
0.3%	Coeli Frontier Markets AB	4,100,000	ISK 737.7m	0%	3.14%
0.18%	T. Rowe Price Group, Inc.	2,462,260	ISK 443.0m	-0.21%	no data
0.12%	Charles Schwab Investment Management, Inc.	1,631,369	ISK 293.5m	0%	no data
0.1%	Ashmore Equities Investment Management (US) LLC	1,402,290	ISK 252.3m	0%	1.4%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/22 05:38
End of Day Share Price	2025/10/22 00:00
Earnings	2025/06/30
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

Arion banki hf. is covered by 6 analysts. 0 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
Johan Ström	Carnegie Investment Bank AB
Andrew Coombs	Citigroup Inc
Kazim Andaç	Deutsche Bank