AI Summary
Major shareholders raised their stakes in 27 Tadawul-listed companies, with ten new shareholders joining the list in the first nine months of 2019, a recent study conducted by Argaam showed.
Tadawul's major shareholders own 5 percent or more of any listed company.
Since 2011, Argaam has displayed major ownership changes for all listed companies. Argaam subscribers can review the daily changes by clicking the “Major shareholders’ Changes” link.
|
Companies with Major Shareholder(s) Increasing Stakes (Q1 2019) |
||||
|
Major Shareholder |
Major Shareholder |
Volume Traded |
Variation |
|
|
2018 |
9M 2019 |
|||
|
Dallah |
Dallah Al Baraka Holding |
8.7 mln shares |
11.65% |
|
|
42.96% |
54.61% |
|||
|
Care |
Munich Reinsurance Co. |
3 mln shares |
10.00% |
|
|
5.00% |
15.00% |
|||
|
Amana |
Gulf Amanah Insurance Co. |
1.8 mln shares |
7.66% |
|
|
10.71% |
18.37% |
|||
|
Arabian Centres |
Arabian Centres |
12.6 mln shares |
2.65% |
|
|
38.90% |
41.55% |
|||
|
SAIB |
SAIB |
18.8 mln shares |
2.50% |
|
|
7.49% |
9.99% |
|||
|
Farm Superstores |
Hazem Fayez Al Aswad |
571.5 K shares |
1.27% |
|
|
52.50% |
53.77% |
|||
|
Taiba |
Assila Investment |
320.9 K shares |
1.13% |
|
|
15.60% |
16.73% |
|||
|
Jarir |
Jarir Investment Trading Co. |
996.0 K shares |
0.83 % |
|
|
21.00 % |
21.83 % |
|||
|
Fitaihi |
Riadh Al Humaidan |
440.0 K shares |
0.80 % |
|
|
15.00% |
15.80 % |
|||
|
Catering |
Abdulmohsen Alhokair Holding |
598.6 K shares |
0.73 % |
|
|
8.67 % |
9.40 % |
|||
|
BCI |
Abdullah Muhanna Abdulaziz Al-Moaibed |
178.8 K shares |
0.65 % |
|
|
9.25% |
9.90 % |
|||
|
GASCO |
Abdulaziz Abdulrahman Abdulaziz Al Mohsen |
397.5 K shares |
0.53 % |
|
|
6.13% |
6.66 % |
|||
|
Fitaihi |
Ahmed Hassan Fitaihi |
192.5 K shares |
0.35 % |
|
|
29.50% |
29.85% |
|||
|
Zoujaj |
Riadh Al Humaidan |
59.2 K shares |
0.18 % |
|
|
25.75% |
25.93% |
|||
|
Albilad |
MASIC |
750.0 K shares |
0.10 % |
|
|
19.24% |
19.34 % |
|||
|
Taiba |
Mohammed Saleh Serafi |
48.1 K shares |
0.03 % |
|
|
15.52% |
15.55 % |
|||
|
Makkah Construction |
Mohammed Saleh Serafi |
33.0 K shares |
0.02 % |
|
|
18.17% |
18.19% |
|||
The following table illustrates new shareholdings in the nine-month period:
|
Major Ownership Changes |
|||
|
Company |
Shareholder |
2018 |
9M 2019 |
|
Care |
NMC Saudi Arabia |
Less than 5% |
49.20% |
|
Steel Pipe |
Tenaris Saudi Arabia |
Less than 5% |
47.79% |
|
Aslak |
Mohammed Rasheed M. Al Rasheed |
Less than 5% |
12.24% |
|
Enaya |
Daman |
Less than 5% |
10.00% |
|
Eastern Cement |
Prince Mohammad bin Fahd bin Abdulaziz Al Saud |
Less than 5% |
17.22 % |
|
Aljazira Takaful |
Dallah Albaraka |
Less than 5% |
9.89 % |
|
Taiba |
Mohammed Ibrahim Mohammed Al Issa |
Less than 5% |
7.41 % |
|
Amiantit |
Prince Mohammad bin Fahd bin Abdulaziz Al Saud |
Less than 5% |
6.96 % |
|
Dallah |
Mohammed bin Rashid Al-Faqih |
Less than 5% |
5.24 % |
|
Enaya |
Mohamed & Waleed Ahmed Al Naghy Co. |
Less than 5% |
5.00 % |
A total of 44 equity reductions were recorded in the same period. Meanwhile, 39 shareholders exited major owners’ lists in the same period, mainly in the General Organization for Social Insurance (GOSI) and the Public Pension Agency (PPA).
During the nine-month period, GOSI has transferred some of its stakes in several Tadawul-listed companies to Hassana Investment Co. (HIC). The PPA has also transferred some holdings from its investment portfolio to its investment arm Al Ra’idah Investment Co.
|
Companies with Major Shareholder(s) Offloading Stakes (Q3 2019) |
|||||
|
Company |
Investor |
Number of shares |
Variation |
||
|
2018 |
9M2019 |
||||
|
MEPCO |
Lafana Holding |
(5.65 mln shares ) |
(11.29%) |
||
|
18.43% |
%7.14 |
||||
|
Gulf Union |
Gulf Union |
(1.0 mln shares ) |
(6.74%) |
||
|
23.24% |
16.50 % |
||||
|
Tawuniya |
GOSI |
(6.2 mln shares ) |
(4.95%) |
||
|
22.83% |
17.88% |
||||
|
Mobily |
GOSI |
(38.1 mln shares ) |
(4.95%) |
||
|
11.85% |
(4.95%) |
||||
|
Saudi Ceramics |
GOSI |
(3.0 mln shares ) |
(4.95%) |
||
|
16.19% |
(4.95%) |
||||
|
Southern Cement |
GOSI |
(6.9 mln shares ) |
(4.95%) |
||
|
15.82% |
(4.95%) |
||||
|
Qassim Cement |
GOSI |
(4.5 mln shares ) |
(4.95%) |
||
|
15.09% |
(4.95%) |
||||
|
Yanbu Cement |
GOSI |
(7.8 mln shares ) |
(4.95%) |
||
|
12.37% |
(4.95%) |
||||
|
Petrochem |
GOSI |
(23.8 mln shares ) |
(4.95%) |
||
|
16.25% |
11.30% |
||||
|
Tawuniya |
Public Pension Agency |
(6.1 mln shares ) |
(4.90%) |
||
|
23.79% |
18.89% |
||||
|
SPIMACO |
Public Pension Agency |
(5.9 mln shares ) |
(4.90%) |
||
|
13.05% |
8.15% |
||||
|
NCB |
Public Pension Agency |
(147 mln shares ) |
(4.90%) |
||
|
10.26% |
5.36% |
||||
|
Eastern Cement |
Public Pension Agency |
(4.2 mln shares ) |
(4.90%) |
||
|
10.65% |
5.75% |
||||
|
Alinma |
Public Pension Agency |
(73.5 mln shares ) |
(4.90%) |
||
|
10.71% |
5.81% |
||||
|
BSF |
Crédit Agricole Corporate and Investment Bank |
(59.1 mln shares ) |
(4.90%) |
||
|
14.91% |
10.01% |
||||
|
NCB |
GOSI |
(144.6 mln shares) |
(4.82%) |
||
|
10.00% |
5.18% |
||||
|
Samba |
GOSI |
(93.4 mln shares ) |
(4.67%) |
||
|
11.76% |
7.09% |
||||
|
SABB |
GOSI |
(93.1 mln shares ) |
(4.53%) |
||
|
9.74% |
5.21% |
||||
|
Al Rajhi |
GOSI |
(108.3 mln shares ) |
(4.33%) |
||
|
10.19% |
5.86% |
||||
|
BSF |
GOSI |
(52.0 mln shares ) |
(4.31%) |
||
|
13.29% |
8.98% |
||||
|
Yansab |
GOSI |
(24.2 mln shares ) |
(4.30%) |
||
|
11.94% |
7.64% |
||||
|
ANB |
GOSI |
(61.1 mln shares ) |
(4.07%) |
||
|
11.28% |
7.21% |
||||
|
eXtra |
Al Fozan Holding |
(2.0 mln shares ) |
(4.00%) |
||
|
33.65% |
29.65% |
||||
|
Samba |
Public Pension Agency |
(85.6 mln shares ) |
(3.78%) |
||
|
15.32% |
11.54% |
||||
|
SAIB |
Public Pension Agency |
(27.5 mln shares ) |
(3.67%) |
||
|
17.66% |
13.99% |
||||
|
Savola |
GOSI |
(19.2 mln shares ) |
(3.59%) |
||
|
10.26% |
6.67% |
||||
|
BATIC |
Asas for Global Investment Co. |
(1.04 mln shares ) |
(3.48%) |
||
|
20.43% |
17.91 % |
||||
|
Petrochem |
Public Pension Agency |
(16.5 mln shares ) |
(3.43%) |
||
|
17.11% |
13.68% |
||||
|
SIIG |
Public Pension Agency |
(13.86 mln shares ) |
(3.08%) |
||
|
12.04% |
8.96 % |
||||
|
SACO |
Al Himedi Group |
(1.1 mln shares ) |
(3.01%) |
||
|
15.55% |
12.54 % |
||||
|
Budget Saudi |
Zahid Group |
(1.8 mln shares ) |
(2.53%) |
||
|
16.48% |
13.95 % |
||||
|
TADCO |
Khalid Saleh Al Shathry |
(1.0 mln shares ) |
(2.29%) |
||
|
10.64% |
8.35 % |
||||
|
SAFCO |
GOSI |
(7.0 mln shares ) |
(1.69%) |
||
|
10.54% |
8.85% |
||||
|
Steel Pipe |
Khalid Saleh Al Shathry |
(591.6 K shares) |
(1.16%) |
||
|
10.57% |
9.41 % |
||||
|
National Gypsum |
Ahmad Taha Yassin Khayyat |
(323 K shares) |
(1.02%) |
||
|
10.37% |
9.35 % |
||||
|
Sipchem |
Zamil Holding Group |
(6.53 mln shares ) |
(0.89%) |
||
|
9.69 % |
8.80 % |
||||
|
Saudi German Hospital |
International Finance Corporation |
(754.7 K shares) |
(0.82%) |
||
|
8.42% |
7.60% |
||||
|
Catering |
Strategic Supply Co. Ltd. |
(598.6 K shares) |
(0.73%) |
||
|
9.31 % |
8.58 % |
||||
|
SAIB |
GOSI |
(5.3 mln shares ) |
(0.70%) |
||
|
17.26 % |
16.56 % |
||||
|
Yamama Cement |
Prince Sultan bin Mohammed bin Saud Al Kabeer |
(1.26 mln shares ) |
(0.62%) |
||
|
9.12 % |
8.50 % |
||||
|
Jabal Omar |
Makkah Construction |
(5.3 mln shares ) |
(0.57%) |
||
|
9.81% |
9.24% |
||||
|
Northern Cement |
Pan Kingdom Investment Co. |
(594 K shares) |
(0.33%) |
||
|
11.41 % |
11.08 % |
||||
|
Seera Holding |
Nasser bin Aqeel Al Tayyar |
(720 K shares) |
(0.24%) |
||
|
11.05% |
10.81% |
||||
|
Jabal Omar |
Jabal Omar Founders |
(464.7 K shares) |
(0.05%) |
||
|
14.38% |
14.33% |
||||
The following table illustrates the shares unloaded by major shareholders during the nine-month period:
|
Major Ownership Changes (SAR mln) |
|||
|
Company |
Shareholder |
2018 |
9M 2019 |
|
Steel Pipes |
Rabiah & Nassar Group |
40.00% |
Less than 5% |
|
Care |
GOSI |
35.12% |
Less than 5% |
|
Anaam |
Prince Abdullah Turki bin Abdulaziz Al Saud |
14.89% |
Less than 5% |
|
GASCO |
Said Ali Ghadran Al Ghamdi |
11.98 % |
Less than 5% |
|
SGS |
National Aviation Ground Support |
11.37% |
Less than 5% |
|
SABB |
NatWest Markets N.V. |
10.79% |
Less than 5% |
|
SPM |
Falcom Financial |
9.83% |
Less than 5% |
|
Riyad |
Public Pension Agency |
9.27% |
Less than 5% |
|
Jabal Omar |
GOSI |
9.02% |
Less than 5% |
|
Tasnee |
GOSI |
8.69% |
Less than 5% |
|
Sipchem |
IKARUS* |
8.05% |
Less than 5% |
|
Al Ahli Takaful |
FWU Co. |
7.98% |
Less than 5% |
|
Sipchem |
Public Pension Agency |
7.74% |
Less than 5% |
|
Makah Construction |
Public Pension Agency |
7.43% |
Less than 5% |
|
eXtra |
Abdulaziz Al Saghyir Co. |
7.35 % |
Less than 5% |
|
Al Sorayai Group |
Nafea Nasser Al Sorayai |
7.34 % |
Less than 5% |
|
STC |
GOSI |
7.00% |
Less than 5% |
|
SAFCO |
Public Pension Agency |
6.87% |
Less than 5% |
|
Yamama Cement |
Public Pension Agency |
6.87% |
Less than 5% |
|
STC |
Public Pension Agency |
6.77% |
Less than 5% |
|
Qassim Cement |
Public Pension Agency |
6.55% |
Less than 5% |
|
Dur |
GOSI |
6.54% |
Less than 5% |
|
Advanced |
GOSI |
6.37% |
Less than 5% |
|
Al Othaim |
GOSI |
6.36% |
Less than 5% |
|
Saudi Cement |
Public Pension Agency |
6.11% |
Less than 5% |
|
Al Akaria |
Public Pension Agency |
5.91% |
Less than 5% |
|
SIIG |
GOSI |
5.80 % |
Less than 5% |
|
SABIC |
GOSI |
5.70% |
Less than 5% |
|
Arabian Cement |
Public Pension Agency |
5.27% |
Less than 5% |
|
Saudi Cement |
GOSI |
5.22% |
Less than 5% |
|
Alinma |
GOSI |
5.10% |
Less than 5% |
|
Aldrees |
Jadwa Private Account No. 10 |
5.02% |
Less than 5% |
|
Al Sorayai |
SNASCO Trading & Industrial Co. |
5.00% |
Less than 5% |
|
Aljazira Takaful |
Fawasel for Trading & Investment |
5.00% |
Less than 5% |
|
Aljazira Takaful |
Al Taj Regional for Development Co. |
5.00% |
Less than 5% |
|
SABB |
Al Muhaidib Holding |
5.00% |
Less than 5% |
|
Zamil |
Public Pension Agency |
5.00% |
Less than 5% |
|
Tabuk Cement |
Public Pension Agency |
5.00% |
Less than 5% |
|
Enaya |
Khaled Juffali Co. |
5.00% |
Less than 5% |
*Stake fell below 5% after Sahara-Sipchem merger and capital hike.
** Stake fell below 5% after SABB-Alawwal merger and capital hike.
Elsewhere, major shareholders bought shares in six Tadawul-listed REITs, and unloaded shares in other eight.
|
REITs with Major Ownership Changes (Q3 2019) |
||||
|
REIT |
Major Shareholder |
Numbar of shares |
Variation |
|
|
2018 |
9M 2019 |
|||
|
Musharaka |
Musharaka Capital |
Less than 5% |
5.26 % |
-- |
|
MEFIC |
Bander bin Abdulrahman Al-Muhanna |
(820.7 K units) |
(1.12%) |
|
|
7.39 % |
6.27 % |
|||
|
Jadwa Al Haramain |
Yasar Othman Al Hukail |
(811.8 K units) |
(1.23%) |
|
|
10.16 % |
8.93 % |
|||
|
Taleem |
RAJ Real Estate |
(1.24 mln units) |
(2.43%) |
|
|
30.88 % |
28.45 % |
|||
|
Al Mashaar |
AMNEST Group |
(1.7 mln units) |
(2.91%) |
|
|
50.61% |
47.70% |
|||
|
Musharaka |
Gulf Address Real Estate Investment Co. |
(3.71 mln units) |
(4.22%) |
|
|
19.99% |
15.67% |
|||
|
Riyad |
Rafal Real Estate Development Co. |
(9.79 mln units) |
(5.70%) |
|
|
10.73% |
5.03 % |
|||
|
SEDCO Capital |
Mithaq Holding Co. |
12.04% |
Less than 5% |
-- |
|
SEDCO |
5.51% |
Less than 5% |
-- |
|
|
Riyad |
Abdullah Mohammed Ameen Mohammed Jameel |
5.25% |
Less than 5% |
-- |
|
Ghassan Mohammed Ameen Mohammed Jameel |
5.25% |
Less than 5% |
-- |
|
|
Musharaka |
Mohammad Salmeen Al Nahdi |
5.49 % |
Less than 5% |
-- |
|
MEFIC |
AWJ Holding |
6.82% |
Less than 5% |
-- |
|
Salman Ibrahim Abdullah Al Masaud |
6.82% |
Less than 5% |
-- |
|
|
Jadwa Saudi |
Al Muhaidib Holding |
25.59% |
Less than 5% |
-- |
In Nomu Parallel Market, major shareholders’ stakes saw 11 changes as follows:
|
Ownership Changes – Nomu (9M 2019) |
|||||
|
Company |
Major Shareholder |
Volume Traded |
Variation |
||
|
2018 |
9M 2019 |
||||
|
Raydan |
Awadallah Al-Salmi |
67.5 K shares |
+ 0.30 % |
||
|
12.30 % |
12.60 % |
||||
|
Abo Moati |
Saad A. Abo Moati |
854.0 K shares |
+ 4.27 % |
||
|
15.42 % |
19.69 % |
||||
|
Arab Sea |
Mohammed Saleh Mohammed Al Suhaibani |
3.0 K shares |
+ 0.03 % |
||
|
29.91 % |
29.94 % |
||||
|
Beji Co., Ltd. |
(147.0 K shares) |
(1.47%) |
|||
|
21.33 % |
19.86% |
||||
|
Ali Nasser al Wahaibi |
(82.0 K shares) |
(0.82%) |
|||
|
7.71 % |
6.89 % |
||||
|
Development Works for Food |
Saad S. A. Al Hudaib |
(50.0 K shares) |
(2.00%) |
||
|
8.00 % |
6.00 % |
||||
|
Al Kathiri |
Mishaal Al Kathiri |
(345.4 K shares) |
(7.64%) |
||
|
72.39% |
64.75 % |
||||
|
Development Works for Food |
Al Ofok Analytical for Commercial Services Co. |
(63.0 K shares) |
(5.04%) |
||
|
44.00% |
38.96 % |
||||
|
Al Kathiri |
Fahd Abdulaziz Al Benyan |
16.90% |
Less than 5% |
-- |
|
|
Abo Moati |
Abdullah Saad A. Abo Moati |
14.63 % |
Less than 5% |
-- |
|
|
Raydan |
Mohammed Awadallah Al-Salmi |
5.00 % |
Less than 5% |
-- |
|
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