State or government among Banque Cantonale Vaudoise's (VTX:BCVN) largest shareholders, saw gain in holdings value after stock jumped 4.0% last week

Yahoo

21-05-2025

The considerable ownership by state or government in Banque Cantonale Vaudoise indicates that they collectively have a greater say in management and business strategy
State of Vaud owns 67% of the company
Institutional ownership in Banque Cantonale Vaudoise is 11%
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If you want to know who really controls Banque Cantonale Vaudoise (VTX:BCVN), then you'll have to look at the makeup of its share registry. With 67% stake, state or government possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
Clearly, state or government benefitted the most after the company's market cap rose by CHF322m last week.
Let's take a closer look to see what the different types of shareholders can tell us about Banque Cantonale Vaudoise.
Check out our latest analysis for Banque Cantonale Vaudoise
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.
We can see that Banque Cantonale Vaudoise does have institutional investors; and they hold a good portion of the company's stock. 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's always a risk that they are in a 'crowded trade'. 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 Banque Cantonale Vaudoise's historic earnings and revenue below, but keep in mind there's always more to the story.
Banque Cantonale Vaudoise is not owned by hedge funds. The company's largest shareholder is State of Vaud, with ownership of 67%. With such a huge stake in the ownership, we infer that they have significant control of the future of the company. Meanwhile, the second and third largest shareholders, hold 3.1% and 1.6%, of the shares outstanding, respectively.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There is a little analyst coverage of the stock, but not much. So there is room for it to gain more coverage.
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.
Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
Our data suggests that insiders own under 1% of Banque Cantonale Vaudoise in their own names. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Though their holding amounts to less than 1%, we can see that board members collectively own CHF17m worth of shares (at current prices). It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling.
The general public-- including retail investors -- own 22% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.
I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too.
I like to dive deeper into how a company has performed in the past. You can access this interactive graph of past earnings, revenue and cash flow, for free.
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
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.
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