Saudi Listed Firms See Five Major Ownership Shifts July 13

Alinma Bank disclosed that the Social Insurance General Organization raised its stake to 6.80% from 5.80%, a 1.0 percentage-point increase. The buy contrasts with the same fund's sale at Al Rajhi, suggesting a sector rotation within the banking group.

On the industrial side, Saudi Basic Industries Corporation (SABIC) reported that the Public Investment Fund increased its position to 72.30% from 70.90%, adding 1.40 points. The sovereign wealth fund has been steadily consolidating ownership of the petrochemical giant since its full takeover in 2020.

Zain Saudi Arabia disclosed that an unnamed institutional investor increased its holding to 5.10% from 4.20%, crossing the 5.0% reporting threshold. The buyer was not identified in the filing.

The filings did not include transaction prices or dates beyond the July 13 record date.