Who owns BrainChip shares right now?

A young investor working on his ASX shares portfolio on his laptopA young investor working on his ASX shares portfolio on his laptop

It’s fair to say that BrainChip Holdings Ltd (ASX: BRN) shares have had a truly terrible month. Around four weeks ago, the BrainChip share price was sitting at 47 cents. But today, it’s going for just 40 cents, after touching a new 52-week low of 35 cents a share just last week. 

Not much seems to have gone right for BrainChip of late. But the quarterly cash flow activities report that this ASX 200 artificial intelligence share released last week certainly didn’t help. As we went through at the time, BrainChip reported that it received just US$40,000 in revenue over the three months to 31 March 2023. 

BrainChip shares are now down 47.33% in 2023 alone, and by 58% over the past 12 months:

With losses like that under the belt, it might be a good time to check out who actually owns BrainChip shares or at least the largest owners of this company. Luckily, BrainChip has recently released a list of its top 20 shareholders. Let’s take a look.

A look at the top holders of BrainChip shares

According to the company, BrainChip’s top 20 shareholders are as follows:

  1. Citicorp, with 9.15% of all outstanding shares
  2. Mr Peter Adrien van der Made, with 8.87%
  3. Merrill Lynch, with 4.88%
  4. BNP Paribas, with 4,75%
  5. HSBC, with 4.44%
  6. JPMorgan, with 2.82%
  7. BNP Paribas (DRP), with 2.53%
  8. HSBC (customer accounts), with 1.17%
  9. National Nominees, with 0.67%
  10. LDA Capital, with 0.52%
  11. BNP Paribas (Retail Clients), with 0.47%
  12. Mrs Rebecca Ossieran-Moisson, with 0.45%
  13. Crossfield Intech (Liebskind Family), with 0.4%
  14. Certane CT Pty Ltd (BrainChip’s unallocated long-term incentive plan), with 0.4%
  15. Mr Paul Glendon Hunter, with 0.35%
  16. Certane CT Pty Ltd ((BrainChip’s allocated long-term incentive plan), with 0.35%
  17. Mr Louis Dinardo, with 0.34%
  18. Mr Jeffrey Brian Wilton, with 0.31%
  19. Mr David James Evans, with 0.31%
  20. Superhero Securities (Client Accounts), with 0.3%

So an interesting list to be sure.

Merrill Lynch, HSBC, Citicorp and BNP Paribas are all institutional investors that probably hold BrainChip shares on behalf of their clients. But Peter van der Made, Rebecca Ossieran-Moisson, Paul Hunter, Louis Dinardo, Jeffrey Wilton and David Evans are certainly worth a deeper dive.

Who’s who of BrainChip

It’s no surprise to see van der Made at the top of the shareholders’ list. He is both the founder and current chief technology officer at BrainChip, so it makes sense that he is still one of the largest shareholders of the company.

But the other top individual shareholders are not members of BrainChip’s management or board.

Rebecca Ossieran-Moisson appears to be a Western Australia-based academic.

Paul Hunter is an independent insurance business owner.

Louis Dinardo is actually a former CEO of BrainChip who was abruptly terminated from his role as CEO back in 2021.

Jeffrey Wilson is a former academic and current director of research and economics at the Australian Industry Group.

Finally, David Evans is a partner at an architecture firm, as well as an investor.

So there you have it, BrainChip’s top 20 shareholders. Notably absent is current BrainChip CEO Sean Hehir.

These investors will certainly be feeling the pain from the recent BrainChip share price performance. No doubt all are hoping the worst is over.

The post Who owns BrainChip shares right now? appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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