Fortress Real Estate Investments Ownership

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

Recent Insider Transactions

JSE:FFB Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
06 Nov 24	BuyR10,195,993	Steven Brown	Individual	505,002	R20.19
06 Nov 24	BuyR6,450,282	Sipho Majija	Individual	319,479	R20.19
06 Nov 24	BuyR6,925,272	Ian Vorster	Individual	343,005	R20.19
12 Jun 24	SellR10,282,650	Steven Brown	Individual	644,680	R15.95
12 Jun 24	SellR2,518,777	Sipho Majija	Individual	157,917	R15.95
12 Jun 24	SellR1,876,008	Ian Vorster	Individual	117,618	R15.95
25 Apr 24	BuyR6,532,369	Steven Brown	Individual	458,412	R14.25
25 Apr 24	BuyR4,121,455	Sipho Majija	Individual	289,225	R14.25
25 Apr 24	BuyR2,438,303	Ian Vorster	Individual	171,109	R14.25
12 Apr 24	BuyR1,558,543	Steven Brown	Individual	110,535	R14.10
12 Apr 24	BuyR559,431	Sipho Majija	Individual	39,676	R14.10
12 Apr 24	BuyR554,736	Ian Vorster	Individual	39,343	R14.10
28 Mar 24	BuyR4,718,955	Steven Brown	Individual	300,000	R15.87
19 Mar 24	BuyR1,871,064	Steven Brown	Individual	120,000	R15.64
19 Feb 24	SellR30,627,347	Steven Brown	Individual	4,058,917	R7.55
19 Feb 24	SellR8,362,221	Sipho Majija	Individual	1,108,211	R7.55
19 Feb 24	SellR9,337,170	Ian Vorster	Individual	1,237,417	R7.55

Insider Trading Volume

Insider Buying: FFB insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of FFB?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	7,567,625	0.635%
General Public	52,091,931	4.37%
Institutions	1,132,864,463	95%

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

Top Shareholders

Top 25 shareholders own 91.15% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
21.9%	Public Investment Corporation Limited	261,151,931	R5.3b	0%	0.49%
9.22%	Peresec Prime Brokers (Pty) Ltd, Asset Management Arm	109,920,461	R2.2b	0%	31.55%
6.9%	Sesfikile Capital (Pty) Ltd	82,303,289	R1.7b	9.85%	13.84%
6.76%	Meago Pty Ltd.	80,633,367	R1.6b	-1.31%	19.25%
6.01%	Coronation Fund Managers Limited	71,695,200	R1.5b	0%	0.62%
5.85%	Catalyst Fund Managers (Pty) Ltd.	69,709,174	R1.4b	0%	15.98%
5.21%	Eskom Pension and Provident Fund	62,089,605	R1.3b	0%	13.92%
4.61%	10X Investments (Pty) Ltd	55,000,000	R1.1b	0%	1.07%
4.37%	RMB Morgan Stanley (Pty) Ltd, Asset Management Arm	52,094,052	R1.1b	0%	46.02%
4.36%	The Vanguard Group, Inc.	52,015,800	R1.1b	0.4%	no data
3.46%	Standard Bank Group, Asset Management Arm	41,270,925	R836.1m	0%	8.08%
2.59%	STANLIB Asset Management (Pty) Limited	30,852,161	R625.1m	7.96%	2.8%
1.84%	Sanlam Investment Management (Pty) Ltd.	21,906,014	R443.8m	-8.56%	0.3%
1.7%	Ninety One UK Limited	20,309,091	R411.5m	44.2%	0.03%
1.4%	BlackRock, Inc.	16,672,934	R337.8m	0.24%	no data
1.22%	MandG Investments Southern Africa (Pty) Ltd	14,492,883	R293.6m	120%	0.47%
0.6%	Momentum Asset Management (Pty) Ltd.	7,128,485	R144.4m	66.2%	1.75%
0.51%	Investment Solutions Ltd.	6,093,156	R123.4m	-0.47%	0.82%
0.41%	Momentum Outcome-based Solutions (Pty) Ltd.	4,877,026	R98.8m	44.9%	1.35%
0.4%	Foord Asset Management (Pty) Limited	4,800,351	R97.3m	-27.7%	1.05%
0.4%	Norges Bank Investment Management	4,746,106	R96.2m	0%	no data
0.4%	Taquanta Asset Managers (Pty) Ltd.	4,719,524	R95.6m	0%	0.59%
0.38%	M&G Investment Managers (Pty) Limited	4,584,151	R92.9m	0.73%	0.35%
0.36%	10X Index Fund Managers (RF) Pty Ltd	4,305,470	R87.2m	-0.99%	10.5%
0.3%	Absa Asset Management (Proprietary) Ltd.	3,633,318	R73.6m	-8.31%	0.98%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 17:01
End of Day Share Price	2024/12/31 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Fortress Real Estate Investments Limited is covered by 10 analysts. 3 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
Mahir Hamdulay	Absa Bank Limited
Francois Du Toit	Anchor Stockbrokers Proprietary Limited
Yesh Pillay	Anchor Stockbrokers Proprietary Limited