Logo ofCapital Market Authority (CMA)
The number of individual investors on the Saudi Exchange (Tadawul) reached 7.28 million by the end of Q1 2026, an increase of 520,000 compared with the same period a year earlier.
The number of male investors amounted to 5.45 million in Q1 2026, while females amounted to 1.84 million, according to data released by the Capital Market Authority (CMA).
In addition, the number of retail investor portfolios stood at nearly 14.86 million by the end of Q1 2026.
The number of portfolios, which is almost twice the number of investors, indicates that some investors have more than one investment portfolio.
Number of Individual Investors in Listed Companies (mln)
Period
Male
Female
Total
Number of Retail Investment Portfolios*
2013
3.47
0.87
4.33
7.75
2014
3.54
0.92
4.46
8.03
2015
3.60
0.95
4.55
8.67
2016
3.64
0.97
4.61
9.21
2017
3.68
0.99
4.67
9.37
2018
3.73
1.01
4.74
9.83
2019
4.12
1.35
5.48
9.86
2020
4.20
1.39
5.59
9.03
2021
4.35
1.52
5.86
10.33
2022
4.28
1.53
5.81
11.04
2023
4.55
1.59
6.15
11.04
2024
4.92
1.68
6.60
13.09
2025
5.35
1.81
7.16
14.57
Q1 2026
5.45
1.84
7.28
14.86
Saudi individual investors in the local stock market owned SAR 883.9 billion worth of shares by the end of Q1 2026, accounting for nearly 9% of the total market value of SAR 10.05 trillion.
Individual professional investors and high-net-worth investors (HNIs) owned stocks worth SAR 458.2 billion and SAR 259.3 billion, respectively.
The CMA defines HNIs as Saudi individuals who own a portfolio of an average size of SAR 1 million or more during the last 12 months, excluding individual professional investors.
Ownership of government-related entities (GREs) in Saudi-listed companies, which accounted for 64% of the total market value, was up 1% year-on-year (YoY) to nearly SAR 6.42 trillion in Q1 2026.
Saudi corporates’ ownership reached SAR 1.65 trillion, down 6% YoY, while mutual funds’ ownership stood at SAR 293.2 billion in the same period.
Meanwhile, qualified foreign investors (QFIs) owned SAR 382.9 billion worth of stocks by the end of the three-month period, a rise of 10% YoY.
Ownership Value by Investor Type (SAR bln)
Item
Q1 2025
Q1 2026
Change
Saudis
High-Net-Worth Investors
278.1
259.3
(7%)
Retail
168.2
150.2
(11%)
Individual Professional Investors
494.0
458.2
(7%)
Individual DPMs
11.2
16.2
+45%
Corporates
1752.9
1655.0
(6%)
Mutual Funds
317.2
293.2
(8%)
Government Entities
6341.9
6418.2
+1%
Institutional DPMs
49.9
69.5
+39%
GCC
Retail
3.9
4.9
+26%
Institutions
70.1
68.3
(3%)
DPMs
0.5
3.6
—
Foreign
SWAP Holders
2.3
2.2
(4%)
Foreign Residents
17.2
10.6
(38%)
QFIs
346.6
382.9
+10%
Strategic Partners
53.3
49.5
(7%)
DPMs
11.5
16.9
+47%
Total
9918.7
9858.8
(1%)
Logo ofCapital Market Authority (CMA)
The number of individual investors on the Saudi Exchange (Tadawul) reached 7.28 million by the end of Q1 2026, an increase of 520,000 compared with the same period a year earlier.
The number of male investors amounted to 5.45 million in Q1 2026, while females amounted to 1.84 million, according to data released by the Capital Market Authority (CMA).
In addition, the number of retail investor portfolios stood at nearly 14.86 million by the end of Q1 2026.
The number of portfolios, which is almost twice the number of investors, indicates that some investors have more than one investment portfolio.
Number of Individual Investors in Listed Companies (mln)
Period
Male
Female
Total
Number of Retail Investment Portfolios*
2013
3.47
0.87
4.33
7.75
2014
3.54
0.92
4.46
8.03
2015
3.60
0.95
4.55
8.67
2016
3.64
0.97
4.61
9.21
2017
3.68
0.99
4.67
9.37
2018
3.73
1.01
4.74
9.83
2019
4.12
1.35
5.48
9.86
2020
4.20
1.39
5.59
9.03
2021
4.35
1.52
5.86
10.33
2022
4.28
1.53
5.81
11.04
2023
4.55
1.59
6.15
11.04
2024
4.92
1.68
6.60
13.09
2025
5.35
1.81
7.16
14.57
Q1 2026
5.45
1.84
7.28
14.86
Saudi individual investors in the local stock market owned SAR 883.9 billion worth of shares by the end of Q1 2026, accounting for nearly 9% of the total market value of SAR 10.05 trillion.
Individual professional investors and high-net-worth investors (HNIs) owned stocks worth SAR 458.2 billion and SAR 259.3 billion, respectively.
The CMA defines HNIs as Saudi individuals who own a portfolio of an average size of SAR 1 million or more during the last 12 months, excluding individual professional investors.
Ownership of government-related entities (GREs) in Saudi-listed companies, which accounted for 64% of the total market value, was up 1% year-on-year (YoY) to nearly SAR 6.42 trillion in Q1 2026.
Saudi corporates’ ownership reached SAR 1.65 trillion, down 6% YoY, while mutual funds’ ownership stood at SAR 293.2 billion in the same period.
Meanwhile, qualified foreign investors (QFIs) owned SAR 382.9 billion worth of stocks by the end of the three-month period, a rise of 10% YoY.
Ownership Value by Investor Type (SAR bln)
Item
Q1 2025
Q1 2026
Change
Saudis
High-Net-Worth Investors
278.1
259.3
(7%)
Retail
168.2
150.2
(11%)
Individual Professional Investors
494.0
458.2
(7%)
Individual DPMs
11.2
16.2
+45%
Corporates
1752.9
1655.0
(6%)
Mutual Funds
317.2
293.2
(8%)
Government Entities
6341.9
6418.2
+1%
Institutional DPMs
49.9
69.5
+39%
GCC
Retail
3.9
4.9
+26%
Institutions
70.1
68.3
(3%)
DPMs
0.5
3.6
—
Foreign
SWAP Holders
2.3
2.2
(4%)
Foreign Residents
17.2
10.6
(38%)
QFIs
346.6
382.9
+10%
Strategic Partners
53.3
49.5
(7%)
DPMs
11.5
16.9
+47%
Total
9918.7
9858.8
(1%)
