Key Insights

• Significant control over TUI by individual investors implies that the general public has more power to influence management and governance-related decisions

• 47% of the business is held by the top 25 shareholders

• Insider ownership in TUI is 11%

If you want to know who really controls TUI AG (ETR:TUI1), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are individual investors with 50% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

While institutions who own 35% came under pressure after market cap dropped to €3.4b last week,individual investors took the most losses.

In the chart below, we zoom in on the different ownership groups of TUI.

View our latest analysis for TUI

What Does The Institutional Ownership Tell Us About TUI?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

TUI already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of TUI, (below). Of course, keep in mind that there are other factors to consider, too.

Hedge funds don't have many shares in TUI. Looking at our data, we can see that the largest shareholder is Alexey Mordashov with 11% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 4.3% and 4.2%, of the shares outstanding, respectively.

Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Insider Ownership Of TUI

The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.