Wpx institutional ownership
Retiring young- Institutions already own most of KRN, they know what an amazing opportunity this is.
Funds and institutions own 70% of KRN and management own a further 16%.
So 86% of KRN is owned by people that have built or designed Potash solution mines and large institutions and funds.
The retail investors own only 14% of krn and they are weak hands.
Institutional investors want to buy Millions of shares in KRN through participation in equity raises.
They know there is no liquidity and they have no need for buying a 1000 shares a day.
So the question you should be asking yourself is why Wpx only has institutional ownership of a measely 1.6% and a Epo has only 2.5%? If they are so great why are Institutions not interested in them?
Is it because neither EPO's management or Wpx's management have ANY experience building or designing a potash solution mine?
Maybe it is because neither Wpx or Epo have been able to secure an investment of $60 M from an Indian fertilizer company or get an offtake of 1 Million tons per year.
Equity Ownership
KRN
| Name | | Shares | Change | % Total
Shares Held | % Total
Assets | | Date |
| |
| Dynamic Power Small Cap Series F | | 957,000 | 0 | 4.35 | 2.36 | | 12/31/2012 |
| |
| Manulife Global Opportunities Class | | 482,125 | 0 | 2.19 | 1.30 | | 03/31/2013 |
| |
| Scotia Canadian Small Cap Advisor Cl | | 240,200 | 0 | 1.09 | 2.83 | | 02/28/2013 |
| |
| SEI Canadian Equity Class F | | 124,500 | 0 | 0.57 | 0.07 | | 03/31/2013 |
| |
| SEI Canadian Small Co Equity Cl F | | 107,400 | 10,200 | 0.49 | 0.79 | | 03/31/2013 |
| |
| Russell Smaller Companies Pool Series F | | 119,200 | 0 | 0.54 | 1.04 | | 12/31/2012 |
| |
| AMI POOLED SMALL CAP | | 60,200 | 0 | 0.27 | 0.71 | | 03/31/2013 |
| |
| Manulife Glob Opportun Balanced Ser T6 | | 50,551 | 0 | 0.23 | 1.13 | | 03/31/2013 |
| |
| Manulife Global Natural Resources Ser O | | 36,624 | 0 | 0.17 | 4.71 | | 03/31/2013 |
| |
| iShares S&P/TSX SmallCap Index | | 18,580 | -351 | 0.08 | 0.12 | | 03/31/2013 |
| |
| Total: Top 10 funds | | 2,196,380 | 9,849 | 9.98 | |
| |
Equity Ownership
KRN
| Name | | Shares | Change | % Total
Shares Held | % Total
Assets | | Date |
| |
| Gujarat State Fertilizers & Chemicals Ltd. | | 5,490,306 | 5,490,306 | 24.97 | 0 | | 03/07/2013 |
| |
| Manulife Asset Management (US) LLC | | 3,377,373 | 3,377,373 | 15.36 | 0 | | 03/31/2013 |
| |
| John Hancock Advisers, LLC | | 2,177,530 | 0 | 9.87 | 3.28 | | 02/28/2013 |
| |
| GCIC Ltd. | | 957,000 | 0 | 4.35 | 2.36 | | 12/31/2012 |
| |
| Manulife Asset Management Limited | | 482,125 | 0 | 2.19 | 1.30 | | 03/31/2013 |
| |
| Goodman & Co,Investment Counsel Ltd. | | 231,900 | 10,200 | 1.05 | 0.11 | | 03/31/2013 |
| |
| Scotia Asset Management L.P. | | 240,200 | 0 | 1.09 | 2.83 | | 02/28/2013 |
| |
| AMI Partners Inc. Investment Counsel | | 60,200 | 0 | 0.27 | 0.71 | | 03/31/2013 |
| |
| Grantham, Mayo, Van Otterloo & Co., LLC | | 32,300 | 0 | 0.15 | 0.03 | | 11/30/2012 |
| |
| BlackRock Asset Management Canada Ltd | | 18,580 | -351 | 0.08 | 0.12 | | 03/31/2013 |
| |
| Total: Top 10 institutions | | 13,067,514 | 8,877,528 | 59.38 | |
| |