{"id":18024,"date":"2025-12-09T07:58:41","date_gmt":"2025-12-08T23:58:41","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=18024"},"modified":"2025-12-09T07:58:41","modified_gmt":"2025-12-08T23:58:41","slug":"individual-investors-own-40-of-singapore-airlines-limited-sgxc6l-shares-but-private-equity-firms-control-50-of-the-company","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=18024","title":{"rendered":"Individual investors own 40% of Singapore Airlines Limited (SGX:C6L) shares but private equity firms control 50% of the company"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div data-testid=\"article-body\">\n<div class=\"bodyItems-wrapper\">\n<ul class=\"yf-1woyvo2\">\n<li class=\"yf-1woyvo2\">\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->The considerable ownership by private equity firms in Singapore Airlines indicates that they collectively have a greater say in management and business strategy<!-- HTML_TAG_END --><\/p>\n<\/li>\n<li class=\"yf-1woyvo2\">\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->The largest shareholder of the company is Temasek Holdings (Private) Limited with a 50% stake<!-- HTML_TAG_END --><\/p>\n<\/li>\n<li class=\"yf-1woyvo2\">\n<p class=\"yf-1090901\"><!-- HTML_TAG_START --><a href=\"https:\/\/simplywall.st\/company\/id\/590ED505-0048-4771-BD91-806EB62AA145\/future?blueprint=4268736&amp;utm_medium=finance_user&amp;utm_campaign=cta&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Analyst forecasts;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> Analyst forecasts<\/a> along with ownership data serve to give a strong idea about prospects for a business<!-- HTML_TAG_END --><\/p>\n<\/li>\n<\/ul>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START --><a href=\"https:\/\/simplywall.st\/discover\/investing-ideas\/434423\/us-midstream-oil-and-gas-pipeline-operators\/global?blueprint=4268736&amp;utm_medium=finance_user&amp;utm_campaign=investing-ideas&amp;utm_source=yahoo&amp;utm_content=us-oil-gas-pipeline-operators\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Trump has pledged to &quot;unleash&quot; American oil and gas and these 15 US stocks have developments that are poised to benefit.;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Trump has pledged to &#8220;unleash&#8221; American oil and gas and these 15 US stocks have developments that are poised to benefit.<\/a><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->If you want to know who really controls Singapore Airlines Limited (<a href=\"https:\/\/au.finance.yahoo.com\/quote\/C6L.SI\" data-ylk=\"slk:SGX:C6L;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener\">SGX:C6L<\/a>), then you&#8217;ll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 50% to be precise, is private equity firms. Put another way, the group faces the maximum upside potential (or downside risk).<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->Meanwhile, individual investors make up 40% of the company\u2019s shareholders.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->In the chart below, we zoom in on the different ownership groups of Singapore Airlines.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START --><span class=\"veryHighlightLink\"><a href=\"https:\/\/simplywall.st\/company\/id\/590ED505-0048-4771-BD91-806EB62AA145?blueprint=4268736&amp;utm_medium=finance_user&amp;utm_campaign=cta&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:See our latest analysis for Singapore Airlines;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> See our latest analysis for Singapore Airlines <\/a><\/span><!-- HTML_TAG_END --><\/p>\n<figure data-testid=\"article-figure-image\" class=\"yf-1jajr0v\">\n<div class=\"image-container yf-1gfnohs loader\" style=\"--max-height: 316px;\">\n<div class=\"image-wrapper yf-1gfnohs\" style=\"--aspect-ratio: 960 \/ 316; --img-max-width: 960px;\"><a href=\"https:\/\/simplywall.st\/company\/id\/590ED505-0048-4771-BD91-806EB62AA145\/ownership?blueprint=4268736&amp;utm_medium=finance_user&amp;utm_campaign=infographic&amp;utm_source=yahoo\" target=\"_blank\" rel=\"noopener noreferrer\"><img fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"ownership-breakdown\" loading=\"eager\" height=\"316\" width=\"960\" class=\"yf-1gfnohs loader\"\/><\/a><\/div>\n<\/div><figcaption class=\"yf-1jajr0v\"><!-- HTML_TAG_START -->SGX:C6L Ownership Breakdown December 8th 2025<!-- HTML_TAG_END -->  <\/figcaption><\/figure>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->As you can see, institutional investors have a fair amount of stake in Singapore Airlines. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there&#8217;s always a risk that they are in a &#8216;crowded trade&#8217;. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Singapore Airlines&#8217; historic earnings and revenue below, but keep in mind there&#8217;s always more to the story.<!-- HTML_TAG_END --><\/p>\n<figure data-testid=\"article-figure-image\" class=\"yf-1jajr0v\">\n<div class=\"image-container yf-1gfnohs loader\" style=\"--max-height: 613px;\">\n<div class=\"image-wrapper yf-1gfnohs\" style=\"--aspect-ratio: 960 \/ 613; --img-max-width: 960px;\"><a href=\"https:\/\/simplywall.st\/company\/id\/590ED505-0048-4771-BD91-806EB62AA145\/future?blueprint=4268736&amp;utm_medium=finance_user&amp;utm_campaign=infographic&amp;utm_source=yahoo\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"earnings-and-revenue-growth\" loading=\"lazy\" height=\"613\" width=\"960\" class=\"yf-1gfnohs loader\"\/><\/a><\/div>\n<\/div><figcaption class=\"yf-1jajr0v\"><!-- HTML_TAG_START -->SGX:C6L Earnings and Revenue Growth December 8th 2025<!-- HTML_TAG_END -->  <\/figcaption><\/figure>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->We note that hedge funds don&#8217;t have a meaningful investment in Singapore Airlines. Our data shows that Temasek Holdings (Private) Limited is the largest shareholder with 50% of shares outstanding. With such a huge stake in the ownership, we infer that they have significant control of the future of the company. The Vanguard Group, Inc. is the second largest shareholder owning 1.9% of common stock, and BlackRock, Inc. holds about 1.8% of the company stock.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->Researching institutional ownership is a good way to gauge and filter a stock&#8217;s expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.<!-- HTML_TAG_END --><\/p>\n<\/p><\/div>\n<p><button class=\"secondary-btn fin-size-large readmore-button    rounded   yf-zc3mmk\" data-ylk=\"elm:readmore;itc:1;sec:content-canvas;slk:Story%20Continues\" aria-label=\"Story Continues\" title=\"Story Continues\"> <span>Story Continues<\/span> <\/button> <\/p>\n<div class=\"read-more-wrapper\" style=\"display: none\" data-testid=\"read-more\">\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->Our data suggests that insiders own under 1% of Singapore Airlines Limited in their own names. As it is a large company, we&#8217;d only expect insiders to own a small percentage of it. But it&#8217;s worth noting that they own S$42m worth of shares. It is good to see board members owning shares, but it might be worth checking <a href=\"https:\/\/simplywall.st\/company\/id\/590ED505-0048-4771-BD91-806EB62AA145\/ownership?blueprint=4268736&amp;utm_medium=finance_user&amp;utm_campaign=integrated-pitch&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:if those insiders have been buying.;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">if those insiders have been buying. <\/a><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->The general public&#8211; including retail investors &#8212; own 40% stake in the company, and hence can&#8217;t easily be ignored. While this group can&#8217;t necessarily call the shots, it can certainly have a real influence on how the company is run.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->With a stake of 50%, private equity firms could influence the Singapore Airlines board. Sometimes we see private equity stick around for the long term, but generally speaking they have a shorter investment horizon and &#8212; as the name suggests &#8212; don&#8217;t invest in public companies much. After some time they may look to sell and redeploy capital elsewhere.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->It&#8217;s always worth thinking about the different groups who own shares in a company. But to understand Singapore Airlines better, we need to consider many other factors. Case in point: We&#8217;ve spotted <a href=\"https:\/\/simplywall.st\/company\/id\/590ED505-0048-4771-BD91-806EB62AA145?blueprint=4268736&amp;utm_medium=finance_user&amp;utm_campaign=integrated-pitch&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:3 warning signs for Singapore Airlines;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> <strong> 3 warning signs for Singapore Airlines<\/strong> <\/a> you should be aware of, and 1 of them is potentially serious.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->If you would prefer discover what analysts are predicting in terms of future growth, do not miss this <strong>free<\/strong> <a href=\"https:\/\/simplywall.st\/company\/id\/590ED505-0048-4771-BD91-806EB62AA145\/future?blueprint=4268736&amp;utm_medium=finance_user&amp;utm_campaign=conclusion&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:report on analyst forecasts;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">report on analyst forecasts<\/a>.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START --><small>NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.<\/small><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START --><strong>Have feedback on this article? Concerned about the content?<\/strong> <span><strong>Get in touch<\/strong><\/span><strong> with us directly.<\/strong><i> Alternatively, email editorial-team (at) simplywallst.com.<\/i><\/p>\n<p><i>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.<\/strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.<\/i><!-- HTML_TAG_END --><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/finance.yahoo.com\/news\/individual-investors-own-40-singapore-231555757.html\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The considerable ownership by private equity firms in Singapore Airlines indicates that they collectively have a greater say in management and business strategy The largest&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1864,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-18024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/18024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18024"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/18024\/revisions"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}