Top 10 shareholders

Analysis of shareholders
Ten major shareholders1
2019 2018
Number of shares (million) % holding Number of shares (million) % holding
Industrial and Commercial Bank of China 325.0 20.1 325.0 20.1
Government Employees Pension Fund (PIC) 215.0 13.3 199.7 12.3
GIC Asset Management 31.3 1.9 21.0 1.3
Allan Gray Balanced Fund 26.2 1.6 29.7 1.8
Alexander Forbes Investments 24.3 1.5 25.8 1.6
Vanguard Total International Stock Index Fund 21.4 1.3 19.4 1.2
Old Mutual Life Assurance Company 20.6 1.3 23.8 1.5
Vanguard Emerging Markets Stock Index Fund 19.3 1.2 22.1 1.4
Government of Norway 14.4 0.9 14.8 0.8
Abu Dhabi Investment Authority 13.2 0.8 7.5 0.5
710.7 43.9 688.8 42.5
1 Beneficial holdings detemined from the share register and investigations conducted on our behalf in terms of section 56 of the Companies Act.
Geographic spread of shareholders
2019 2018
Number of shares (million) % holding Number of shares (million) % holding
South Africa 769.9 47.5 785.0 48.5
Foreign shareholders 849.8 52.5 833.4 51.5
China 327.8 20.2 325.9 20.1
United States of America 232.8 14.4 240.3 14.8
Singapore 34.9 2.2 24.0 1.5
United Kingdom 24.7 1.5 39.0 2.4
United Arab Emirates 19.9 1.2 12.2 0.8
Namibia 19.4 1.2 19.6 1.2
Norway 15.7 1.0 15.4 1.0
Luxembourg 15.3 0.9 10.3 0.6
Netherlands 15.3 0.9 15.6 1.0
Japan 14.9 0.9 15.0 0.9
Ireland 13.8 0.9 13.3 0.8
Hong Kong 12.5 0.8 12.0 0.7
France 10.3 0.6 1.2 0.1
Switzerland 8.1 0.5 6.9 0.4
Other 84.4 5.3 82.7 5.2
1619.7 100.0 1618.5 100.0