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Shareholder register analysis across NZX-listed companies, inspired by NZSA's shareholder concentration data. Total shareholders extracted from annual report statutory sections. Coverage: 112/131 companies (85%).
Sorted by total shareholder count. Source: annual report statutory shareholder information sections.
| Sector | Companies | Avg Shareholders | Total Shareholders |
|---|---|---|---|
| Financials | 16 | 84,634 | 1,354,136 |
| Utilities | 7 | 39,148 | 274,034 |
| Industrials | 21 | 9,701 | 203,719 |
| Materials | 5 | 8,405 | 42,023 |
| Communication Services | 2 | 5,992 | 11,984 |
| Consumer Staples | 14 | 5,947 | 83,261 |
These companies are missing total shareholder counts. Annual report PDFs are either not in the announcements database, truncated before the statutory shareholder section, or filed as bond/debt issuers without equity shareholder data.
Total shareholders are extracted from the statutory “Spread of Shareholders” or “Analysis of Shareholder” section of annual reports, as required under NZX Listing Rules. Extraction uses regex pattern matching on PDF text, with Claude Haiku AI fallback for complex formats.
Top 20 shareholders data comes from the annual report top-20 register disclosure. Top 5% and Top 20% represent the aggregate holding of the 5 and 20 largest shareholders respectively.
HHI (Herfindahl-Hirschman Index) measures ownership concentration among the top 20 holders. Higher values indicate more concentrated ownership. Above 2,500 is considered highly concentrated.
Director counts reflect current board members (where resignation_date is null). Independence is based on the NZX-disclosed independence status.
NZX shareholder concentration analysis: top-20 block holders, HHI concentration index, nominee vs institutional vs individual ownership, and year-over-year ownership changes across 100+ companies.
Which fund managers hold multiple companies in the same NZX sector? Identify common institutional owners across sector peers for IR roadshow targeting and understanding institutional capital allocation.
Track 5%+ ownership changes across NZX-listed companies. Increases, decreases, initial disclosures, and ceased holdings from classified SPH notices — most active holders, most targeted companies, sector breakdown.
Data sourced from publicly available records. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
| 57.8% |
| HSBC CUSTODY NOMINEES (AUSTRAL...(30.6%) |
| 1,235 |
| 22 |
| 18 |
| AFI | Financials | 157,923 | $10373m | 11.6% | 7.8% | HSBC Custody Nominees (Austral...(3.3%) | 18 | 13 | 11 |
| MCY | Utilities | 75,595 | $9792m | 86.5% | 86.5% | Top 20 largest shareholders co...(86.5%) | 7,487 | 10 | 7 |
| CEN | Utilities | 62,512 | $9256m | 75.9% | 42.8% | HSBC Nominees (New Zealand) Li...(14.8%) | 524 | 7 | 6 |
| AIR | Industrials | 50,418 | $1356m | 77.9% | 66.0% | The Sovereign in Right of New ...(51.0%) | 2,680 | 10 | 9 |
| MEL | Utilities | 46,605 | $14568m | 86.0% | 70.4% | THE SOVEREIGN IN RIGHT OF NEW ...(51.0%) | 2,729 | 10 | 5 |
| ATM | Consumer Staples | 45,867 | $6089m | 75.7% | 55.8% | HSBC Custody Nominees (Austral...(23.4%) | 911 | 7 | 4 |
| AIA | Industrials | 45,803 | $13955m | 70.5% | 46.7% | HSBC Nominees (New Zealand) Li...(15.3%) | 563 | 10 | 8 |
| GNE | Utilities | 43,719 | $3017m | 72.7% | 61.2% | The sovereign in right of New ...(51.2%) | 2,664 | 9 | 7 |
| FBU | Materials | 28,421 | $3894m | 82.1% | 53.1% | CITICORP NOMINEES PTY LIMITED(14.2%) | 683 | 8 | 7 |
| FPH | Healthcare | 27,976 | $26206m | 81.2% | 46.3% | HSBC Nominees (New Zealand) Li...(14.3%) | 586 | 13 | 6 |
| VCT | Utilities | 26,528 | $4670m | 90.6% | 82.8% | Entrust(75.1%) | 5,664 | 16 | 10 |
| DOW | Industrials | 25,012 | $3763m | 92.9% | 88.0% | HSBC CUSTODY NOMINEES (AUSTRAL...(32.0%) | 2,393 | 11 | 9 |
| TWR | Financials | 24,137 | $677m | 71.6% | 34.2% | HSBC Nominees (New Zealand) Li...(9.7%) | 362 | 7 | 4 |
| IFT | Utilities | 18,359 | $13602m | 70.1% | 30.8% | HSBC Nominees (New Zealand) Li...(8.5%) | 317 | 8 | 7 |
| SKC | Consumer Discretio... | 17,543 | $539m | 40.4% | 40.4% | Allan Gray Group(15.1%) | 449 | 13 | 6 |
| RYM | Healthcare | 14,555 | $2082m | 74.4% | 36.0% | HSBC Nominees (New Zealand) Li...(8.2%) | 411 | 13 | 12 |
| HGH | Financials | 13,422 | $1185m | 50.2% | 29.4% | Tomlinson Group HGH Limited(8.9%) | 231 | 12 | 11 |
| PGW | Industrials | 11,577 | $162m | 70.1% | 62.3% | Agria (Singapore) Pte Limited(44.3%) | 2,136 | 15 | 6 |
| KMD | Consumer Discretio... | 11,231 | $1341m | 74.5% | 45.0% | New Zealand Superannuation Fun...(13.8%) | 533 | 6 | 5 |
| POT | Industrials | 10,731 | $5438m | 83.5% | 70.4% | Quayside Securities Limited(54.1%) | 3,030 | 11 | 5 |
| WHS | Consumer Discretio... | 10,615 | $213m | 83.6% | 74.1% | Sir Stephen Robert Tindall(27.0%) | 1,608 | 7 | 4 |
| MFT | Industrials | 10,018 | $6718m | 20.8% | 20.8% | B Plested and Rarawharo Truste...(14.8%) | 255 | 9 | 7 |
| GNZ | Real Estate | 9,413 | $2946m | 81.7% | 48.3% | Goodman Funds Management Limit...(16.1%) | 694 | 7 | 4 |
| LIC | Financials | 9,391 | $162m | 23.2% | 14.1% | Trinity Lands Limited(5.0%) | 54 | 11 | 10 |
| FCG | Consumer Staples | 9,380 | $7508m | 94.0% | 55.3% | FNZ Custodians Limited(13.7%) | 828 | 9 | 3 |
| KPG | Real Estate | 8,891 | $1476m | 76.3% | 42.8% | HSBC Nominees (New Zealand) Li...(13.9%) | 516 | 10 | 7 |
| ARG | Real Estate | 8,294 | $856m | 63.0% | 33.7% | Accident Compensation Corporat...(9.7%) | 323 | 8 | 6 |
| STU | Materials | 8,198 | $51m | 46.3% | 33.0% | New Zealand Steel Limited(14.3%) | 331 | 8 | 7 |
| NPH | Industrials | 8,179 | $724m | 84.6% | 71.9% | Hawke's Bay Regional Investmen...(55.0%) | 3,117 | 7 | 5 |
| FRW | Industrials | 8,020 | $2321m | 74.5% | 40.5% | Custodial Services Limited <A/...(13.7%) | 474 | 10 | 9 |
| FSF | Consumer Staples | 7,402 | $887m | 34.7% | 21.5% | New Zealand Depository Nominee...(7.4%) | 122 | 19 | 8 |
| PEB | Healthcare | 7,248 | $316m | 63.8% | 52.9% | New Zealand Central Securities...(34.5%) | 1,292 | 7 | 4 |
| THL | Consumer Discretio... | 6,537 | $620m | 74.3% | 52.0% | Bnp Paribas Nominees NZ Limite...(14.2%) | 606 | 14 | 7 |
| KFL | Financials | 6,241 | $399m | 17.4% | 8.4% | NEW ZEALAND DEPOSITORY NOMINEE...(2.5%) | 21 | 6 | 6 |
| MFB | Financials | 6,176 | $75m | 67.8% | 41.1% | Long Term Food Group LP(15.6%) | 481 | 6 | 3 |
| SKT | Communication Serv... | 6,145 | $472m | 74.2% | 44.7% | BNP Paribas Nominees (NZ) Limi...(14.5%) | 521 | 8 | 6 |
| HLG | Consumer Discretio... | 5,877 | $773m | 39.0% | 30.0% | Timothy Charles Glasson(20.0%) | 437 | 11 | 8 |
| NZM | Communication Serv... | 5,839 | $200m | 71.4% | 53.9% | Citicorp Nominees Pty Limited(21.2%) | 897 | 8 | 5 |
| PCT | Real Estate | 5,788 | $1788m | 86.7% | 58.8% | HSBC NOMINEES (NEW ZEALAND) LI...(18.6%) | 841 | 7 | 6 |
| SKL | Industrials | 5,785 | $1502m | 60.6% | 36.5% | Forsyth Barr Custodians Limite...(15.9%) | 410 | 8 | 5 |
| SML | Consumer Staples | 5,542 | $87m | 90.1% | 87.8% | Bright Dairy Holding Limited(65.3%) | 4,659 | 13 | 2 |
| PFI | Real Estate | 5,234 | $1115m | 67.3% | 44.1% | Custodial Services Limited(17.1%) | 549 | 12 | 10 |
| CHI | Energy | 5,156 | $1447m | 74.8% | 46.9% | Mobil Oil New Zealand Limited(14.3%) | 574 | 15 | 8 |
| BRM | Financials | 4,945 | $155m | 16.7% | 9.2% | NEW ZEALAND DEPOSITORY NOMINEE...(2.8%) | 23 | 6 | 6 |
| RBD | Consumer Discretio... | 4,913 | $623m | 75.0% | 75.0% | Finaccess Restauracion, S.L. (...(75.0%) | 5,625 | 20 | 9 |
| ARB | Industrials | 4,906 | $34m | 87.1% | 69.9% | HSBC Nominees (New Zealand) Li...(29.5%) | 1,593 | 7 | 5 |
| RAK | Information Techno... | 4,671 | $338m | 62.8% | 37.6% | Siward Crystal Technology Co. ...(12.2%) | 393 | 10 | 4 |
| ERD | Industrials | 4,610 | $195m | 61.1% | 37.6% | NMC Trustees Limited(12.3%) | 367 | 10 | 9 |
| SPG | Real Estate | 4,497 | $592m | 35.5% | 35.5% | Accident Compensation Corporat...(12.7%) | 369 | 8 | 5 |
| TRA | Consumer Discretio... | 4,339 | $683m | 59.7% | 36.8% | Bartel Holdings Limited(13.2%) | 363 | 7 | 3 |
| MHJ | Consumer Discretio... | 4,181 | $162m | 73.9% | 60.3% | HOGLETT HAMLETT LIMITED(37.9%) | 1,610 | 13 | 5 |
| MLN | Financials | 4,177 | $152m | 19.4% | 10.9% | NEW ZEALAND DEPOSITORY NOMINEE...(3.1%) | 31 | 6 | 6 |
| SCL | Industrials | 3,901 | $945m | 63.6% | 41.1% | Custodial Services Limited(15.5%) | 482 | 21 | 9 |
| NZX | Financials | 3,788 | $482m | 68.1% | 36.4% | HSBC Nominees (New Zealand) Li...(8.1%) | 372 | 9 | 6 |
| BGP | Consumer Discretio... | 3,499 | $1020m | - | - | - | - | 6 | 5 |
| SMI | Materials | 3,446 | $646m | 47.3% | 26.3% | CITICORP NOMINEES PTY LIMITED(13.3%) | 255 | 5 | - |
| BRW | Consumer Discretio... | 3,424 | $48m | 56.1% | 32.5% | Rural Aviation (1963) Limited(12.1%) | 308 | 10 | 5 |
| MPG | Real Estate | 3,329 | $183m | 54.1% | 43.1% | Masfen Securities Limited(13.7%) | 482 | 10 | 3 |
| CVT | Industrials | 3,045 | $54m | - | - | - | - | 16 | 4 |
| NTL | Industrials | 2,947 | $5m | 55.6% | 40.4% | HAMISH EDWARD ELLIOT BROWN(20.0%) | 608 | 8 | 5 |
| RUA | Healthcare | 2,909 | $11m | 67.5% | 42.4% | NEW ZEALAND DEPOSITORY NOMINEE...(17.6%) | 542 | 5 | 2 |
| SAN | Consumer Staples | 2,839 | $585m | 79.8% | 47.4% | Ngāi Tahu Investments Limited(19.9%) | 687 | 8 | 4 |
| SCT | Industrials | 2,799 | $226m | 65.4% | 65.4% | JBS Australia Pty Limited(53.4%) | 2,929 | 11 | 4 |
| CDI | Real Estate | 2,760 | $178m | 85.9% | 80.9% | Millennium & Copthorne Hotels ...(66.0%) | 4,449 | 12 | 5 |
| NZK | Consumer Staples | 2,746 | $132m | 78.6% | 64.5% | Oregon Group Limited(39.6%) | 1,777 | 9 | 3 |
| AOF | Financials | 2,723 | $31m | 62.1% | 32.3% | East West Legacy LLC(12.8%) | 339 | 6 | 5 |
| ALF | Financials | 2,381 | $17m | 67.5% | 45.6% | Waf Limited(20.0%) | 653 | 4 | 2 |
| BFG | Consumer Discretio... | 2,367 | $12m | 88.5% | 80.9% | MASON ROBERTS HOLDINGS LIMITED(66.3%) | 4,463 | 6 | 3 |
| VGL | Information Techno... | 2,259 | $669m | 86.0% | 44.8% | Apex Custodian Nominees(16.3%) | 618 | 7 | 4 |
| AFT | Healthcare | 2,183 | $449m | 88.5% | 83.6% | Hartley Atkinson & Colin Mckay(68.7%) | 4,803 | 7 | 5 |
| TRU | Industrials | 1,914 | $10m | 50.7% | 29.0% | New Zealand Depository Nominee(12.7%) | 270 | 10 | 3 |
| DGL | Consumer Staples | 1,899 | $462m | 76.2% | 76.2% | Jakov Nikola Delegat, Rosamari...(66.1%) | 4,472 | 8 | 4 |
| GXH | Healthcare | 1,807 | $296m | 72.6% | 72.6% | LPL TRUSTEE LIMITED(32.0%) | 2,116 | 13 | 3 |
| BLT | Consumer Staples | 1,735 | $31m | 53.8% | 36.4% | Leveraged Equities Finance(14.0%) | 420 | 9 | 5 |
| SVR | Consumer Staples | 1,633 | $14m | 76.9% | 42.9% | H & G Limited(15.3%) | 542 | 8 | 2 |
| MCK | Consumer Discretio... | 1,518 | $328m | 75.8% | 75.8% | CDL Hotels Holdings New Zealan...(75.8%) | 5,744 | 8 | 3 |
| RAD | Healthcare | 1,471 | $122m | 79.0% | 57.5% | Kade Kings Limited(33.5%) | 1,333 | 7 | 4 |
| WCO | Industrials | 1,411 | $8m | 82.0% | 82.0% | Laurence James Redmayne, Saman...(24.1%) | 1,540 | 8 | 4 |
| BAI | Healthcare | 1,384 | $1m | 99.4% | 97.6% | 2061 Limited Partnership(67.8%) | 4,913 | 10 | 3 |
| SEK | Consumer Staples | 1,378 | $231m | 42.9% | 24.6% | Tomlinson Group Investments Li...(7.7%) | 159 | 11 | 5 |
| NZL | Real Estate | 1,238 | $140m | 100.0% | 55.0% | New Zealand Permanent Trustees...(20.1%) | 889 | 3 | 2 |
| PYS | Information Techno... | 1,192 | $35m | 80.1% | 56.9% | Wijeyeratne & Co Limited(19.4%) | 835 | 7 | 4 |
| VSL | Materials | 1,163 | $998m | 86.5% | 86.5% | Top 20 largest shareholders co...(86.5%) | 7,487 | 7 | 3 |
| CMO | Consumer Discretio... | 1,087 | $228m | 35.3% | 25.0% | P L Bennett and J P Gibbons(6.3%) | 148 | 7 | 3 |
| SPN | Industrials | 1,029 | $231m | 88.3% | 82.4% | Southland Regional Council(66.5%) | 4,501 | 9 | 4 |
| MOV | Industrials | 1,020 | $23m | 78.5% | 43.7% | JP Morgan Chase Bank(20.0%) | 658 | 5 | 3 |
| FWL | Consumer Staples | 903 | $36m | 88.2% | 79.1% | Foley Holdings New Zealand Lim...(52.8%) | 3,041 | 6 | 3 |
| IKE | Materials | 795 | $218m | 68.3% | 50.5% | David Jonathon Wilson & Nicola...(18.1%) | 631 | 7 | 2 |
| MEE | Consumer Staples | 768 | $10m | 91.7% | 75.4% | Baker Investment Trust No 2(37.2%) | 1,838 | 7 | 4 |
| GEN | Financials | 748 | $23m | 66.5% | 66.5% | Borneo Capital Limited(34.5%) | 1,459 | 10 | 5 |
| AGL | Utilities | 716 | $14m | 79.5% | 68.1% | Simon Alexander Hull & David J...(53.0%) | 2,892 | 5 | 2 |
| AFC | Financials | 671 | $4m | 93.8% | 68.7% | NZ SILVERAY GROUP LIMITED(41.2%) | 1,983 | 8 | 6 |
| CCC | Consumer Staples | 604 | $9m | 89.5% | 61.0% | Keith Jackson Interests(20.6%) | 985 | 13 | 7 |
| PHL | Healthcare | 595 | $37m | 81.3% | 63.8% | Thomas David Brankin & Michael...(42.8%) | 1,994 | 7 | 4 |
| TGG | Consumer Staples | 565 | $280m | 97.4% | 95.8% | BayWa Global Produce GmbH(74.0%) | 5,876 | 12 | 6 |
| APL | Real Estate | 541 | $61m | 69.8% | 53.4% | Centuria Platform Investments ...(20.0%) | 840 | 5 | 5 |
| TWL | Industrials | 518 | $19m | 81.2% | 49.2% | ASB BANK LIMITED(20.5%) | 742 | 5 | 1 |
| WIN | Real Estate | 485 | $329m | 84.5% | 84.5% | Korama Limited(55.1%) | 3,581 | 5 | 1 |
| IPR | Real Estate | 480 | $2m | 98.4% | 90.9% | Chang Ku Ee(77.4%) | 6,079 | 4 | 2 |
| IPL | Real Estate | 461 | $400m | 45.0% | 45.0% | Stride Property Limited(18.8%) | 587 | 5 | 3 |
| OCA | Healthcare | 459 | $536m | 67.7% | 51.6% | New Zealand Central Securities...(33.1%) | 1,222 | 11 | 6 |
| EBO | Healthcare | 441 | $4060m | 79.0% | 39.2% | JP Morgan Nominees Australia L...(12.3%) | 466 | 8 | 6 |
| RTO | Information Techno... | 428 | $1m | 96.3% | 90.0% | Blackwell Global Group Limited(74.0%) | 5,566 | 4 | 2 |
| ENS | Information Techno... | 381 | $8m | 89.1% | 64.8% | Nightingale Partners Pty Limit...(20.0%) | 1,060 | 10 | 6 |
| SDL | Consumer Discretio... | 303 | $9m | 76.3% | 35.8% | ASB NOMINEES LIMITED(11.3%) | 412 | 9 | 4 |
| BPG | Information Techno... | 286 | $29m | 69.6% | 36.1% | Crown BP Holdings LLC(11.0%) | 386 | 5 | 3 |
| 2CC | Financials | 232 | $40m | 93.7% | 86.7% | SENA & CO LIMITED(75.9%) | 5,796 | 4 | 2 |
| GTK | Information Techno... | 160 | $438m | 71.9% | 44.2% | Citicorp Nominees Pty Limited(13.0%) | 499 | 5 | 3 |
| TAH | Consumer Discretio... | 159 | $47m | 93.8% | 93.8% | Bevan John Walsh(42.9%) | 2,852 | 9 | 4 |
| VNT | Industrials | 76 | $6214m | - | - | - | - | 10 | 5 |
| Healthcare |
| 11 |
| 5,548 |
| 61,028 |
| Consumer Discretionary | 15 | 5,173 | 77,593 |
| Energy | 1 | 5,156 | 5,156 |
| Real Estate | 13 | 3,955 | 51,411 |
| Information Technology | 7 | 1,340 | 9,377 |
Common reasons for gaps: offshore-listed investment trusts (FCT, BIT, HFL, TEM), bond-only issuers (CNU), PDF text extraction truncation (#1914), or newly listed companies without a full annual report cycle.