Free Float Shares – datatype (NOSHFL)

Free float shares represent the proportion of a company’s share capital available to ordinary investors.

The calculation is:

free float = shares outstanding minus strategically held shares

Strategic shareholdings are determined by the classification of investor type. An investor classified as strategic is considered strategic regardless of the security it holds or the percentage of shares it owns. Thus, an investor classified as an individual would be considered a strategic holding in each and every instrument they hold in their portfolio.

The following investor types that are to be considered Strategic:

• Corporations
• Holding Companies
• Individuals
• Government Agencies
• Private Equity Firms

NOSHFL is updated on a monthly basis, at month end.

NOSHFL is mastered by the LSEG Ownership Group. Datastream supports an alternative free float methodology using a 5% threshold criteria, to view this content see NOSHFF.

See also:

NOSHNumber of Shares
NOSHCNumber of Shares by Company
NOSHAUAuthorized Shares
NOSHOUOutstanding Shares
NOSHISIssued Shares
NOSHLSListed Shares
NOSHTR Treasury Shares
NOSHCHClosely Held Shares
LSZLot Size