Americans Love Telkom South Africa

Besides the South African government and the Public Investment Corporation who really owns Telkom.

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South Africa’s Telkom seems to be on everyone’s lips these days. However, for the first time in many years, the conversation is positive.

The stock has risen 264% in past year, giving the company a R34 billion market value.

Its main shareholder, the South African Government, might sell part or all of its 39.3% shareholding in the Telco that generated R3.9 billion in profit in the 2017 financial year.

The charts below show how Telkom shares have performed in recent years

The Telco rewarded shareholders with an annual dividend of 422 cents per share in 2017.

At 31 March 2017, the Public Investment Corporation held 11.9% in Telkom shares, 3.4% by non-institutional investors, 3.3% is treasury shares, 2.2% is miscellaneous shares, while the remaining 51.8% is in the hands of institutional investors, the Telco’s 2017 annual report reveals.

Besides the South African government and the Public Investment Corporation who really owns Telkom.

Who are Telkom South Africa’s Top Ten Institutional Shareholders?

Focusing at only institutional shares, 46% are held by United States of America institutions, 36% by South African institutions, 7% by Europeans institutions, 6% by UK-based institutions, and 5% by the rest of the world institutions.

Here are Telkom’s top institutional investors

  • PIC – 11.9%
  • Acadian Asset Management – 3.6%
  • AQR Capital Management – 2.6%
  • Dimensional Fund Advisors – 2.5%
  • LSV Asset Management – 2.3%
  • The Vanguard Group – 2.1%
  • BlackRock Institutional Trust Company – 1.5%
  • Visio Capital Managment – 1.3%
  • Fidelity Management & Research Company – 1.2%
  • Investec Asset Management – 1.1%

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