Genting Singapore Limited (SGX:G13) Stock Attracts 53% Ownership from Public Companies, with 37% Held by Individual Investors

11 Sep, 2023

Genting Singapore Limited (SGX:G13) Stock Attracts 53% Ownership from Public Companies, with 37% Held by Individual Investors

Examining Genting Singapore Limited (SGX:G13) shareholders provides insights into the dominant group. The majority stake, at 53%, belongs to public companies, making them the most influential if the stock rises (or falls). Meanwhile, individual investors constitute 37% of the company's shareholders.

Institutional ownership often indicates credibility within the investment community. While it's reasonable to expect institutions to hold a stake, it's essential not to over-rely on this validation, as they can make mistakes. In cases where multiple institutions own a stock, there's a risk of a crowded trade, potentially leading to rapid stock sell-offs. This risk is more significant in companies lacking a growth history.

Hedge funds have limited shares in Genting Singapore. The company's largest shareholder, Genting Berhad, holds 53%, signifying their substantial control over the company's future. In contrast, the second and third-largest shareholders each hold approximately 1.8% and 1.6% of the stock.

Studying institutional ownership is crucial, but it's also valuable to consider analyst sentiments. Genting Singapore has coverage from a reasonable number of analysts, making it worthwhile to explore their collective outlook on the company's future.

Insider ownership reflects how company leadership perceives their role. High insider ownership can concentrate power in a select group, which may have drawbacks. For Genting Singapore Limited, insiders own less than 1% of the company, representing S$41 million worth of shares. While some insider ownership is positive, it's essential to monitor whether insiders have been selling their holdings.