Institutional Ownership in The GPT Group (ASX:GPT)

October 14, 2024 10:55 AM AEDT | By Team Kalkine Media
 Institutional Ownership in The GPT Group (ASX:GPT)
Image source: shutterstock

Highlights

  • Institutional investors hold a major stake in The GPT Group, owning 78% of the company.
  • The top 4 shareholders control over half of the company's shares.
  • General public owns 21% of the stock, but has limited influence compared to institutions.

The GPT Group (ASX:GPT) is primarily owned by institutional investors, who hold a significant 78% share of the company. These shareholders, including asset management firms and large financial entities, play a key role in influencing the company’s decisions due to their large stake. Institutions typically focus on larger, benchmark-listed companies, which indicates that GPT Group has been closely examined by these entities. However, when multiple institutions own a stock, there is a potential risk if they decide to offload shares simultaneously. 

The top four shareholders collectively own around 52% of GPT Group’s shares. Among these, BNP Paribas Securities Corp’s Asset Management division holds the largest stake at 18%. The second and third largest shareholders control around 14% and 10% of the stock, respectively. This concentration of ownership gives these shareholders substantial influence over the company’s direction. 

Insider Ownership of GPT Group 

Insiders, such as members of the board and company management, own a smaller portion of GPT Group's shares. Current data shows that insiders hold less than 1% of the company, translating to approximately AU$15 million worth of shares. While insider ownership aligns leadership with the interests of shareholders, the relatively low percentage suggests that their influence is more limited compared to the institutional holders. 

General Public's Ownership in GPT Group 

The general public holds 21% of GPT Group, consisting mainly of individual shareholders. While this group can express opinions through their ownership, their influence is often outweighed by the larger institutional shareholders. Their voting power may have an impact, but only if it aligns with the preferences of the major institutional investors. 

GPT Group’s ownership is predominantly institutional, with significant influence from a small group of shareholders, leaving the general public with a more limited role in company decisions. 


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