TWFG 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 TWFG?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	588,235	4.14%
Individual Insiders	902,908	6.36%
General Public	987,063	6.95%
Institutions	11,728,078	82.6%

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

Top Shareholders

Top 25 shareholders own 79.88% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
15.1%	T. Rowe Price Group, Inc.	2,139,757	US$151.5m	-25.7%	no data
7.99%	Baron Capital Group, Inc.	1,135,099	US$80.4m	18.9%	0.05%
7.5%	Capital Research and Management Company	1,065,732	US$75.4m	11.2%	no data
4.61%	The Vanguard Group, Inc.	654,631	US$46.3m	0%	no data
4.56%	Richard Bunch	648,324	US$45.9m	0%	no data
4.17%	Griffin Highline Capital LLC	591,764	US$41.9m	0%	no data
4.14%	GHC Woodlands Holdings LLC	588,235	US$41.6m	0%	no data
3.89%	Giverny Capital Inc.	552,107	US$39.1m	66.5%	0.35%
3.87%	Riverbridge Partners, LLC	549,614	US$38.9m	-7.43%	0.23%
3.52%	Central Securities Corporation	500,000	US$35.4m	5.26%	0.69%
3.49%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	495,092	US$35.0m	0%	no data
1.88%	Marshall Wace LLP	266,828	US$18.9m	0%	0.01%
1.57%	Gilder Gagnon Howe & Co. LLC	223,639	US$15.8m	-6.24%	0.04%
1.52%	Alyeska Investment Group, L.P.	215,778	US$15.3m	0%	0.01%
1.44%	Two Sigma Investments, LP	205,213	US$14.5m	523%	no data
1.32%	BlackRock, Inc.	187,337	US$13.3m	0%	no data
1.28%	Geode Capital Management, LLC	182,092	US$12.9m	-22.9%	no data
1.23%	The Ascent Group, LLC	174,442	US$12.3m	70.3%	0.1%
1.2%	Balyasny Asset Management L.P.	170,182	US$12.0m	1,620%	0.01%
1.19%	Jane Street Group, LLC	169,005	US$12.0m	0%	no data
1.06%	FMR LLC	151,265	US$10.7m	-85.8%	no data
0.91%	Gillson Capital LP	128,665	US$9.1m	-23.9%	0.18%
0.86%	The Goldman Sachs Group, Inc.	122,832	US$8.7m	130%	no data
0.83%	Renaissance Technologies LLC	118,327	US$8.4m	202%	no data
0.79%	Morgan Stanley	111,526	US$7.9m	208%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/18 19:18
End of Day Share Price	2026/05/15 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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

TWFG, Inc. is covered by 13 analysts. 7 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
Michael Zaremski	BMO Capital Markets Equity Research
null null	BMO Capital Markets Equity Research
Jamminder Bhullar	J.P. Morgan