Light & Wonder 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 LAWI.L?
Owner Type	Number of Shares	Ownership Percentage
State or Government	34,177	0.0426%
Individual Insiders	519,366	0.647%
Hedge Funds	8,138,955	10.1%
Institutions	33,726,422	42%
General Public	37,887,004	47.2%

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

Top Shareholders

Top 25 shareholders own 48.83% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
11.5%	The Vanguard Group, Inc.	9,251,941	US$916.0m	16.6%	0.02%
10.1%	Fine Capital Partners, L.P.	8,138,955	US$805.8m	-0.73%	89.54%
9.77%	Caledonia (Private) Investments Pty Limited	7,847,596	US$776.9m	0%	16.77%
3.62%	Consolidated Press International Holdings Limited	2,903,594	US$287.5m	0%	41.03%
1.69%	Burgundy Asset Management Ltd.	1,360,624	US$134.7m	0%	1.02%
1.43%	Bessemer Investment Management LLC	1,144,866	US$113.3m	-19.6%	0.14%
1.2%	Engine Capital Management, LP	964,137	US$95.5m	0%	10.28%
1.16%	BlackRock, Inc.	933,873	US$92.5m	0.33%	no data
1.04%	AQR Capital Management, LLC	833,131	US$82.5m	0%	0.05%
1.02%	T. Rowe Price Group, Inc.	822,244	US$81.4m	0%	0.01%
0.9%	Citadel Advisors LLC	721,869	US$71.5m	0%	0.06%
0.83%	Northern Trust Global Investments	662,555	US$65.6m	0%	0.01%
0.67%	Capital Research and Management Company	535,714	US$53.0m	-82.1%	no data
0.49%	Stone House Capital Management, LLC	394,188	US$39.0m	0%	31.56%
0.46%	Park West Asset Management LLC	370,183	US$36.7m	0%	3.22%
0.43%	FMR LLC	345,226	US$34.2m	0%	no data
0.4%	AHL Partners LLP	322,223	US$31.9m	0%	0.28%
0.4%	Veritas Asset Management LLP	318,843	US$31.6m	0%	0.17%
0.33%	Stanford Management Company	265,220	US$26.3m	0%	2.68%
0.24%	BetaShares Capital Limited	194,469	US$19.3m	17.5%	0.08%
0.24%	Millennium Management LLC	191,947	US$19.0m	0%	0.01%
0.23%	State Street Global Advisors, Inc.	185,681	US$18.4m	0.61%	no data
0.22%	Charles Schwab Investment Management, Inc.	175,073	US$17.3m	0.34%	no data
0.21%	Capitolis Advisors LLC	165,000	US$16.3m	0%	0.13%
0.2%	Matthew Wilson	162,943	US$16.1m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/02/17 07:11
End of Day Share Price	2026/02/04 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

Light & Wonder, Inc. is covered by 35 analysts. 22 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
Matthew Ryan	Barrenjoey Markets Pty Limited
Baxter Kirk	Bell Potter
Michael Hickey	Benchmark Company