Tower Limited

NZSE:TWR Stock Report

Mkt Cap: NZ$248.6m

Tower Ownership

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

Recent Insider Transactions

NZSE:TWR Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
29 Dec 22SellNZ$81,658Blair TurnbullIndividual116,420NZ$0.70
28 Jun 22BuyNZ$7,012,673Devon Funds Management LimitedCompany9,970,326NZ$0.70
28 Jun 22SellNZ$7,351,365Devon Funds Management LimitedCompany10,409,693NZ$0.71
14 Apr 22BuyNZ$5,729,294Accident Compensation Corporation, Asset Management ArmCompany8,272,957NZ$0.69
14 Apr 22SellNZ$5,357,117Accident Compensation Corporation, Asset Management ArmCompany7,324,168NZ$0.73

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of TWR?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders1,207,1060.3%
Private Companies16,350,9634.3%
Hedge Funds67,464,85817.8%
General Public125,587,46733.1%
Institutions168,873,59344.5%

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

Top Shareholders

Top 25 shareholders own 66.77% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
17.78%
Bain Capital Credit, LP
67,464,858NZ$44.2m0%5.91%
9.57%
Accident Compensation Corporation, Asset Management Arm
36,318,045NZ$23.8m0.22%0.52%
7.01%
New Zealand Funds Management Ltd.
26,615,216NZ$17.4m0%66.46%
4.16%
Lennon Holdings Limited
15,800,000NZ$10.3m-7.06%no data
3.99%
Salt Funds Management Limited
15,125,663NZ$9.9m0%23.87%
3.01%
Masfen Securities Limited, Asset Management Arm
11,430,000NZ$7.5m-10%no data
2.9%
Devon Funds Management Limited
11,020,242NZ$7.2m0%3.41%
2.52%
Jmis Investment Management Limited
9,569,121NZ$6.3m0%83.39%
2.45%
Salt Investment Funds Limited
9,283,316NZ$6.1m0%10.47%
2.22%
Bain Capital, LP
8,431,589NZ$5.5m-50%0.03%
1.9%
Water Island Capital, LLC
7,208,016NZ$4.7m0%0.2%
1.61%
Aspiring Asset Management Limited
6,124,945NZ$4.0m0%1.18%
1.61%
JPMorgan Chase & Co, Private Banking and Investment Banking Investments
6,116,713NZ$4.0m0%no data
1.44%
Dimensional Fund Advisors LP
5,458,544NZ$3.6m2.11%no data
1.22%
AMP Capital Investors (New Zealand) Limited
4,647,829NZ$3.0m0%0.79%
0.84%
Forsyth Barr Investment Management Limited
3,172,696NZ$2.1m0%0.12%
0.82%
UBS Asset Management
3,126,259NZ$2.0m-72.48%no data
0.53%
Rural Equities Limited
2,025,000NZ$1.3m5.86%17.01%
0.41%
Norges Bank Investment Management
1,541,169NZ$1.0m0%no data
0.19%
AMP Capital Investors Limited
721,290NZ$472.4k0%0.02%
0.16%
Michael Stiassny
624,897NZ$409.3k0%no data
0.15%
TGH Equities Ltd
550,963NZ$360.9k0%no data
0.14%
Russell Investment Management, LLC
534,975NZ$350.4k0%no data
0.068%
Blair Turnbull
256,578NZ$168.1k-31.21%no data
0.053%
Graham Stuart
202,500NZ$132.6k0%no data