Tower Limited

NZSE:TWR Stock Report

Market Cap: NZ$292.2m

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
14 Dec 23BuyNZ$21,086Michael CutterIndividual34,726NZ$0.61
24 Jul 23BuyNZ$487,290Jmis Investment Management LimitedCompany786,835NZ$0.62
24 Jul 23SellNZ$3,944,659Jmis Investment Management LimitedCompany6,364,687NZ$0.62

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 TWR?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders1,120,6920.295%
Private Companies16,200,0004.27%
Hedge Funds67,464,85817.8%
General Public118,971,78631.4%
Institutions175,726,65146.3%

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

Top Shareholders

Top 25 shareholders own 68.65% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
17.8%
Bain Capital Credit, LP
67,464,858NZ$51.9m0%3.78%
9.55%
Accident Compensation Corporation, Asset Management Arm
36,239,113NZ$27.9m0%0.59%
7.01%
New Zealand Funds Management Ltd.
26,615,216NZ$20.5m0%84.55%
5.82%
Pacific International Insurance Pty Ltd, Asset Management Arm
22,072,615NZ$17.0m0%no data
4.27%
Lennon Holdings Limited
16,200,000NZ$12.5m0%no data
3.59%
Salt Funds Management Limited
13,613,097NZ$10.5m0%9.95%
3.54%
Masfen Securities Limited, Asset Management Arm
13,430,197NZ$10.3m0%no data
3.45%
Salt Investment Funds Limited
13,109,256NZ$10.1m0%13.99%
2.72%
Jmis Investment Management Limited
10,323,415NZ$7.9m0%94.61%
2.22%
Bain Capital, LP
8,431,589NZ$6.5m0%0.04%
1.85%
Water Island Capital, LLC
7,023,982NZ$5.4m-2.55%0.47%
1.62%
Devon Funds Management Limited
6,139,439NZ$4.7m0%2.1%
1.45%
Dimensional Fund Advisors LP
5,489,099NZ$4.2m0.05%no data
1.24%
Aspiring Asset Management Limited
4,694,937NZ$3.6m0%0.76%
0.99%
AMP Capital Investors (New Zealand) Limited
3,757,390NZ$2.9m0%0.85%
0.72%
Forsyth Barr Investment Management Limited
2,736,100NZ$2.1m0%0.13%
0.37%
Norges Bank Investment Management
1,387,103NZ$1.1m0.38%no data
0.16%
Michael Stiassny
624,897NZ$481.2k0%no data
0.088%
AMP Capital Investors Limited
332,931NZ$256.3k0%0.22%
0.079%
FCA Corp
300,000NZ$231.0k0%0.04%
0.067%
Blair Turnbull
253,030NZ$194.8k0%no data
0.053%
Graham Stuart
202,500NZ$155.9k0%no data
0.0092%
Michael Cutter
34,726NZ$26.7k0%no data
0.0078%
American Century Investment Management Inc
29,792NZ$22.9k0%no data
0.0014%
Geraldine McBride
5,477NZ$4.2k0%no data
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