Major shareholders up stakes in 18 Saudi-listed firms over 9 months
Major shareholders boosted stakes across 18 Tadawul-listed firms during the first nine months of this year, according to data compiled by Argaam.
The market also witnessed 7 new shareholdings, and 8 divestments along with 16 stake cuts.
Investors who own more than 5 percent of a stock are labeled as major shareholders, according to Tadawul.
Saudi Transport and Investment Co. (Mubarrad) saw the largest equity increase of 7.6 percent by Family Investment Co. to 13.6 percent.
Fitaihi Holding Group came second, as Ahmed Hassan Fitaihi boosted his stake in the company to 29 percent, a 5.5 percent increase. Riyad Al-Humaidan also upped his holding by 2.3 percent to 12.9 percent.
In Bank Albilad, Khaled Saleh Al-Rajhi and Mohammed Al-Subeaei and Sons Co. increased their stake by 1.6 percent and 0.3 percent to 10.5 percent and 18.8 percent, respectively.
Meanwhile, Saudi Paper Manufacturing Co. (SPMC) saw the biggest stake reduction of 20 percent to 11.8 percent by Prince Abdullah Musaed Al Saud.
The Saudi Company for Tools and Hardware (SACO) followed with a 15.5 percent cut to 17.7 percent by Alhumaidi Contracting Co.
Leaving the Saudi major shareholders’ list, Bahrain’s Arabian Shield Insurance cut its 30 percent stake in Arabian Shield Cooperative Insurance to less than five percent. Khalid Abdullah Shelash also reduced his ownership in Dar Al-Arkan Real Estate Development to 2.6 percent by the end of September.
|
Major Shareholders |
||||
|
Change |
Number of shares |
Investor |
Company |
|
|
Sep 2016 |
Dec 2015 |
|||
|
+7.6% |
1.4 mln shares |
Family Investment Office Co. |
Mubarrad |
|
|
13.6% |
6.0% |
|||
|
+5.5% |
3.0 mln shares |
Ahmed Fitaihi |
Fitaihi |
|
|
29.0% |
23.5% |
|||
|
+5.0% |
500 thousand shares |
Al Khereiji Investment Co. |
ACE Arabia Insurance |
|
|
10.0% |
5.0% |
|||
|
+4.5% |
1.4 mln shares |
Riyad Al-Humidan |
Al-Jouf Agriculture |
|
|
12.5% |
8.0% |
|||
|
+4.3% |
1.3 mln shares |
Fitaihi Holding Group |
||
|
14.0% |
9.7% |
|||
|
+2.3% |
1.3 mln shares |
Riyad Al-Humidan |
Fitaihi |
|
|
12.9% |
10.6% |
|||
|
+1.6% |
8.0 mln shares |
Khaled Al-Rajhi |
Bank Albilad |
|
|
10.5% |
8.9% |
|||
|
+0.9% |
1.4 mln shares |
Mohammed Saleh Serafi |
Taiba Holding |
|
|
15.2% |
14.3% |
|||
|
+0.7% |
210.0 thousand shares |
Riyad Al-Humidan |
Zoujaj |
|
|
27.3% |
26.6% |
|||
|
+0.6% |
945.0 thousand shares |
Awqaf Sulaiman Al Rajhi |
Yanbu Cement |
|
|
7.9% |
7.3% |
|||
|
+0.5% |
423.5 thousand shares |
Awqaf Sulaiman Al Rajhi |
Nadec |
|
|
6.6% |
6.1% |
|||
|
+0.3% |
1.5 mln shares |
Mohammed Alsubeaei & Sons Investment Co. |
Bank Albilad |
|
|
18.8% |
18.5% |
|||
|
+0.2% |
126.0 thousand shares |
Tawazon Arabia Co. |
Shaker Group |
|
|
10.2% |
10.0% |
|||
|
+0.2% |
329.6 thousand shares |
Mohammed Saleh Serafi |
Makkah Construction |
|
|
18.2 |
18.0% |
|||
|
+0.2% |
180.0 thousand shares |
Muhammad Al Agil |
Jarir |
|
|
8.8% |
8.6% |
|||
|
+0.1% |
929.4 thousand shares |
Makkah Construction & Development Co. |
Jabal Omar |
|
|
10.3% |
10.2% |
|||
|
+0.1% |
534.0 thousand shares |
Abdulksdir Al Muhaidib and Sons Group |
Savola |
|
|
8.1% |
8.0% |
|||
|
+0.1% |
1.1 mln shares |
Olayan Saudi Investment Co. |
Saudi Hollandi Bank |
|
|
21.8% |
21.7% |
|||
|
Major Shareholders |
||||
|
Change |
Number of shares |
Investor |
Company |
|
|
Sep 2016 |
Dec 2015 |
|||
|
-- |
---- |
Prince Sultan Bin Mohammed Bin Saud Al Kabeer |
Arabian Shield |
|
|
14.3% |
Less than 5% |
|||
|
-- |
---- |
Amin Shaker |
SPIMACO |
|
|
9.3% |
Less than 5% |
|||
|
+7.7% |
1.8 mln shares |
Khaled Al-Hamidi |
Saco |
|
|
8.1% |
0.4% |
|||
|
+7.7% |
1.8 mln shares |
Sameer Al-Hamidi |
||
|
8.1% |
0.4% |
|||
|
-- |
---- |
Amin shaker |
Knowledge Economic City |
|
|
7.3% |
Less than 5% |
|||
|
-- |
---- |
Naseer Al Otaibi |
Arabian Shield |
|
|
7.1% |
Less than 5% |
|||
|
-- |
---- |
Mohammed Saleh Serafi |
Bank Albilad |
|
|
5.1% |
Less than 5% |
|||
|
Declining Stakes |
||||
|
Change |
Number of shares |
Investor |
Company |
|
|
Sep 2016 |
Dec 2015 |
|||
|
(20.0%) |
9.0 mln shares |
Prince Abdullah Al Saud |
Saudi Paper |
|
|
11.8% |
31.8% |
|||
|
(15.5%) |
3.7 mln shares |
Al-Hamidi Contracting Establishment Co. |
Saco |
|
|
17.7% |
33.3% |
|||
|
(4.0%) |
2.4 mln shares |
Maali Holding Co. |
Bawan |
|
|
5.1% |
9.1% |
|||
|
(1.8%) |
720 thousand shares |
Abdulqader Al Muhaidib & Sons Co. |
Arabian Pipes |
|
|
12.0% |
13.8% |
|||
|
(1.7%) |
1.4 mln shares |
Strategic Unit for Catering |
Saudi Catering |
|
|
23.1% |
24.8% |
|||
|
(1.1%) |
10.2 mln shares |
Jabal Omar Founders |
Jabal Omar |
|
|
15.7% |
16.8% |
|||
|
(0.8%) |
488.0 thousand shares |
Zahid Holding Group |
Budget |
|
|
25.7% |
26.5% |
|||
|
(0.5%) |
3.3 mln shares |
Gulf Investment Est. |
Tasnee |
|
|
6.0% |
6.5% |
|||
|
(0.5%) |
250.0 thousand shares |
Abdullah Al Moammar |
Mepco |
|
|
13.1% |
13.6% |
|||
|
(0.4%) |
630.0 thousand shares |
Al Nahla Trading and Contracting Co. |
Etihad Atheeb |
|
|
8.9% |
9.3% |
|||
|
(0.2%) |
138.4 thousand shares |
Safra Co. |
Alujain |
|
|
7.5% |
7.7% |
|||
|
(0.2%) |
90.0 thousand shares |
Khaled Al Shetri |
Tabuk Agriculture |
|
|
11.4% |
11.6% |
|||
|
(0.1%) |
100.0 thousand shares |
Abdullah Al Rajhi |
Arabian Cement |
|
|
|
6.4% |
6.5% |
|
|
|
(0.1%) |
49.0 thousand shares |
Khaled Al Shetri |
Al-Ahsa Development |
|
|
|
7.7% |
7.8% |
|
|
|
(2.5%) |
-- |
Al Tayyar for Investment & Real Estate Dev. Co. |
Al Tayyar Group |
|
|
15.8% |
18.3% |
|||
|
(0.7%) |
-- |
Dr. Naseer al Tayyar |
||
|
13.9% |
14.6% |
|||
|
Declining Stakes |
||||
|
Change |
Number of shares |
Investor |
Company |
|
|
Sep 2016 |
Dec 2015 |
|||
|
-- |
---- |
Arabian Shield Cooperative Insurance Co. |
Arabian Shield |
|
|
Less than 5% |
30.0% |
|||
|
-- |
---- |
Abulrahman Al Rajhi |
Bank Albilad |
|
|
Less than 5% |
8.4% |
|||
|
(3.8%) |
41.0 mln shares |
Khaled Al Shalash |
Dar Alarkan |
|
|
2.6% |
6.4% |
|||
|
-- |
---- |
GOSI |
Gasco |
|
|
Less than 5% |
6.1% |
|||
|
-- |
---- |
Abdulaziz Al Amri |
Jazan Development |
|
|
Less than 5% |
5.3% |
|||
|
-- |
---- |
Olayan Saudi Investment Co. |
Tasnee |
|
|
Less than 5% |
5.2% |
|||
|
-- |
--- |
Nahaz Investment Holding Co. |
Aslak |
|
|
Less than 5% |
5.0% |
|||
|
-- |
---- |
Abdullaziz El Khereiji Co. |
ACE Insurance |
|
|
Less than 5% |
5.0% |
|||

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