{"id":45909,"date":"2026-05-11T17:53:23","date_gmt":"2026-05-11T09:53:23","guid":{"rendered":"https:\/\/www.tejwin.com\/?post_type=news&#038;p=45909"},"modified":"2026-05-13T16:17:42","modified_gmt":"2026-05-13T08:17:42","slug":"shares-distribution","status":"publish","type":"news","link":"https:\/\/www.tejwin.com\/en\/news\/shares-distribution\/","title":{"rendered":"Share Distribution"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" data-id=\"45903\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\u7522\u54c1\u4ecb\u7d39\u7cbe\u9078\u5716\u7247-\u80a1\u6b0a\u5206\u6563-1024x576.jpg\" alt=\"Share Distribution\" class=\"wp-image-45903\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\u7522\u54c1\u4ecb\u7d39\u7cbe\u9078\u5716\u7247-\u80a1\u6b0a\u5206\u6563-1024x576.jpg 1024w, https:\/\/www.tejwin.com\/wp-content\/uploads\/\u7522\u54c1\u4ecb\u7d39\u7cbe\u9078\u5716\u7247-\u80a1\u6b0a\u5206\u6563-300x169.jpg 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/\u7522\u54c1\u4ecb\u7d39\u7cbe\u9078\u5716\u7247-\u80a1\u6b0a\u5206\u6563-150x84.jpg 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/\u7522\u54c1\u4ecb\u7d39\u7cbe\u9078\u5716\u7247-\u80a1\u6b0a\u5206\u6563-768x432.jpg 768w, https:\/\/www.tejwin.com\/wp-content\/uploads\/\u7522\u54c1\u4ecb\u7d39\u7cbe\u9078\u5716\u7247-\u80a1\u6b0a\u5206\u6563-1536x864.jpg 1536w, https:\/\/www.tejwin.com\/wp-content\/uploads\/\u7522\u54c1\u4ecb\u7d39\u7cbe\u9078\u5716\u7247-\u80a1\u6b0a\u5206\u6563.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/figure>\n\n\n\n<p class=\"has-text-align-center\"><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a04b4ed6ba14\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a04b4ed6ba14\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tejwin.com\/en\/news\/shares-distribution\/#Overview\" >Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tejwin.com\/en\/news\/shares-distribution\/#Data_Information\" >Data Information<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tejwin.com\/en\/news\/shares-distribution\/#Business_Needs\" >Business Needs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tejwin.com\/en\/news\/shares-distribution\/#%F0%9F%93%96The_Equity-Related_Insights_Series\" >\ud83d\udcd6The Equity-Related Insights Series<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tejwin.com\/en\/news\/shares-distribution\/#%F0%9F%94%97_Learn_more_about_market_data\" >\ud83d\udd17 Learn more about market data<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Overview\"><\/span>Overview<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Share Distribution data<\/strong> is a dataset published by the<mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\"> Taiwan Depository &amp; Clearing Corporation<\/mark> that <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">classifies investors into <strong>15 groups<\/strong> based on the number of shares held<\/mark>. This information reveals the shareholding ratios and number of shareholders for each group to observe investor behavior. By analyzing these distributions, the data can be transformed into quantitative factors to predict the relationship between investor trading behavior and expected stock returns.<\/p>\n\n\n\n<div style=\"height:31px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Data_Information\"><\/span>Data Information<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes has-medium-font-size\" style=\"margin-top:0;margin-right:0;margin-bottom:0;margin-left:0\"><table class=\"has-black-color has-text-color has-background has-link-color has-fixed-layout\" style=\"background-color:#8dd2fc85;border-style:none;border-width:0px\"><tbody><tr><td><strong><em>Item<\/em><\/strong><\/td><td><em><strong>Information<\/strong><\/em><\/td><\/tr><tr><td>Frequency<\/td><td>weekly<\/td><\/tr><tr><td>Source<\/td><td>TDCC(Taiwan Depository &amp; clearing corporation)<\/td><\/tr><tr><td>Scale<\/td><td>Listed and delisted companies in Taiwan.<br>The number of listed companies is around 1700.<\/td><\/tr><tr><td>Historical Period<\/td><td>From 2016\/01\/01<\/td><\/tr><tr><td>Fields Included<\/td><td>&#8211;<strong>Company Code<\/strong> <br>&#8211;<strong>Company Name<\/strong> <br>&#8211;<strong>Date<\/strong> <br><strong>-No. under TDCC<\/strong> (Total Shareholders) <br><strong>-Shares under Custody<\/strong> (Total Shares)<br> <br><strong>Share Distribution Statistics (for 15 Groups)<\/strong>:<br>&#8211;<strong>Shareholder Tiers<\/strong> (e.g., 1-5, 5-10, 100-200, 1000+ shares) <br><strong>-Number of Shareholders (No.)<\/strong> <br>&#8211;<strong>Number of Shares (KShares)<\/strong> <br>&#8211;<strong>Ownership Percentage (%)<\/strong> <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:29px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_Needs\"><\/span>Business Needs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Share distribution data helps investors monitor market position structures and equity concentration to identify the movements of major shareholders and retail investors.<\/strong> By tracking indicators like blockholder ownership breadth and retail speculation, investors can assess whether a stock is overheated. By monitoring weekly changes in large shareholder positions, investors can identify optimal entry points. After calculation, individual stock risk and entry indicators are provided, offering valuable insights for informed decision-making.<\/p>\n\n\n\n<div style=\"height:31px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%F0%9F%93%96The_Equity-Related_Insights_Series\"><\/span>\ud83d\udcd6<mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">The Equity-Related Insights Series<\/mark><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50\"><a class=\"wp-block-button__link has-vivid-cyan-blue-to-vivid-purple-gradient-background has-background wp-element-button\" href=\"https:\/\/www.tejwin.com\/en\/insight\/analysis-of-retail-investors-trading-in-taiwan-stock-market\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Series 1<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50\"><a class=\"wp-block-button__link has-blush-light-purple-gradient-background has-background wp-element-button\" href=\"https:\/\/www.tejwin.com\/en\/insight\/share-distribution-factor-analysis\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Series 2<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%F0%9F%94%97_Learn_more_about_market_data\"><\/span><a href=\"https:\/\/www.tejwin.com\/en\/tag\/market-data\/\">\ud83d\udd17 Learn more about market data<\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div style=\"height:29px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link has-white-color has-vivid-cyan-blue-background-color has-text-color has-background has-link-color has-medium-font-size has-custom-font-size wp-element-button\" href=\"https:\/\/www.tejwin.com\/en\/contact\/\" style=\"border-radius:62px\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Contact Us<\/strong><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share Distribution data is a dataset published by the Taiwan Depository &#038; Clearing Corporation that classifies investors into 15 groups based on the number of shares held. This information reveals the shareholding ratios and number of shareholders for each group to observe investor behavior. By analyzing these distributions, the data can be transformed into quantitative factors to predict the relationship between investor trading behavior and expected stock returns.<\/p>\n","protected":false},"featured_media":45903,"parent":0,"menu_order":0,"template":"","tags":[2962,3632],"news-category":[764],"class_list":["post-45909","news","type-news","status-publish","has-post-thumbnail","hentry","tag-market-data","tag-share-distribution","news-category-product-introduction-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/news\/45909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/media\/45903"}],"wp:attachment":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/media?parent=45909"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/tags?post=45909"},{"taxonomy":"news-category","embeddable":true,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/news-category?post=45909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}