{
  "schema_version": "1.0.0",
  "ticker": "SFR",
  "company_name": "Sandfire Resources Limited",
  "cutoff_date": "2026-10-31",
  "reviewed_at": "2026-10-31",
  "coverage_note": "The issuer’s 20-account register is as at 24 July 2026; later dated substantial-holder disclosures and a director-interest notice are shown separately. The Harris notice has conflicting change and vesting dates.",
  "register": {
    "as_of_date": "2026-07-24",
    "issued_shares": 466963304,
    "source_ids": [
      "annual"
    ],
    "holders": [
      {
        "holder_id": "sfr-register-01",
        "name": "HSBC Custody Nominees (Australia) Limited [register entry 1]",
        "classification": "nominee_custodian",
        "shares": 166412782,
        "percentage": 35.65,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "Bracketed entry number distinguishes repeated registered names and does not identify beneficial owner."
        ]
      },
      {
        "holder_id": "sfr-register-02",
        "name": "J P Morgan Nominees Australia Pty Limited",
        "classification": "nominee_custodian",
        "shares": 121081894,
        "percentage": 25.94,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "sfr-register-03",
        "name": "Citicorp Nominees Pty Limited",
        "classification": "nominee_custodian",
        "shares": 85074287,
        "percentage": 18.22,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "sfr-register-04",
        "name": "BNP Paribas Noms Pty Ltd",
        "classification": "nominee_custodian",
        "shares": 18203702,
        "percentage": 3.9,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "sfr-register-05",
        "name": "BNP Paribas Nominees Pty Ltd <Agency Lending A/C>",
        "classification": "nominee_custodian",
        "shares": 5781359,
        "percentage": 1.24,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "sfr-register-06",
        "name": "HSBC Custody Nominees (Australia) Limited <Nt-Comnwlth Super Corp A/C>",
        "classification": "nominee_custodian",
        "shares": 4880618,
        "percentage": 1.05,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "sfr-register-07",
        "name": "Havilah Resources Limited",
        "classification": "direct_holder",
        "shares": 4640833,
        "percentage": 0.99,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "sfr-register-08",
        "name": "BNP Paribas Nominees Pty Ltd <Agency Lending Collateral>",
        "classification": "nominee_custodian",
        "shares": 2750800,
        "percentage": 0.59,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "sfr-register-09",
        "name": "HSBC Custody Nominees (Australia) Limited [register entry 9]",
        "classification": "nominee_custodian",
        "shares": 1918042,
        "percentage": 0.41,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "Bracketed entry number distinguishes repeated registered names and does not identify beneficial owner."
        ]
      },
      {
        "holder_id": "sfr-register-10",
        "name": "BNP Paribas Nominees Pty Ltd <Hub24 Custodial Serv Ltd>",
        "classification": "nominee_custodian",
        "shares": 1833600,
        "percentage": 0.39,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "sfr-register-11",
        "name": "Resource Development Company Pty Ltd",
        "classification": "direct_holder",
        "shares": 1486786,
        "percentage": 0.32,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "sfr-register-12",
        "name": "BNP Paribas Nominees Pty Ltd <Clearstream>",
        "classification": "nominee_custodian",
        "shares": 1477727,
        "percentage": 0.32,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "sfr-register-13",
        "name": "Tongaat Pty Ltd <Blue Seas A/C>",
        "classification": "direct_holder",
        "shares": 1455000,
        "percentage": 0.31,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "sfr-register-14",
        "name": "Citicorp Nominees Pty Limited <Colonial First State Inv A/C>",
        "classification": "nominee_custodian",
        "shares": 1304112,
        "percentage": 0.28,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "sfr-register-15",
        "name": "BNP Paribas Noms (NZ) Ltd",
        "classification": "nominee_custodian",
        "shares": 1220833,
        "percentage": 0.26,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "sfr-register-16",
        "name": "Netwealth Investments Limited <Wrap Services A/C>",
        "classification": "nominee_custodian",
        "shares": 1010352,
        "percentage": 0.22,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "sfr-register-17",
        "name": "Palm Beach Nominees Pty Limited",
        "classification": "nominee_custodian",
        "shares": 942740,
        "percentage": 0.2,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "sfr-register-18",
        "name": "Kape Securities Pty Ltd <Blue Seas Super Fund A/C>",
        "classification": "direct_holder",
        "shares": 930530,
        "percentage": 0.2,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "sfr-register-19",
        "name": "BNP Paribas Nominees Pty Ltd <IB AU Noms RetailClient>",
        "classification": "nominee_custodian",
        "shares": 842738,
        "percentage": 0.18,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "sfr-register-20",
        "name": "Mr Brendan Harris & Mrs Jade Harris <Harris Family A/C>",
        "classification": "direct_holder",
        "shares": 665305,
        "percentage": 0.14,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-24",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "This historical register account is also included within later director interests; do not add them."
        ]
      }
    ]
  },
  "substantial_holders": [
    {
      "holder_id": "australiansuper",
      "name": "AustralianSuper Pty Ltd",
      "classification": "reporting_group",
      "shares": 44215523,
      "percentage": 9.45,
      "percentage_basis": "voting_power",
      "as_of_date": "2026-10-12",
      "investor_id": null,
      "identity_note": null,
      "source_ids": [
        "australian"
      ],
      "notes": [
        "14 October Form 604 reports 44,215,523 votes and 9.45% on 12 October."
      ]
    },
    {
      "holder_id": "state",
      "name": "State Street Corporation and subsidiaries",
      "classification": "reporting_group",
      "shares": 29553861,
      "percentage": 6.33,
      "percentage_basis": "voting_power",
      "as_of_date": "2026-07-09",
      "investor_id": null,
      "identity_note": null,
      "source_ids": [
        "state"
      ],
      "notes": [
        "13 July Form 604 reports 29,553,861 votes and 6.33% on 9 July; group interests may include lending and custody."
      ]
    },
    {
      "holder_id": "vanguard",
      "name": "Vanguard Group and controlled entities",
      "classification": "reporting_group",
      "shares": 27669535,
      "percentage": 6.026,
      "percentage_basis": "voting_power",
      "as_of_date": "2025-09-24",
      "investor_id": null,
      "identity_note": null,
      "source_ids": [
        "vanguard"
      ],
      "notes": [
        "29 September 2025 Form 604 reports 27,669,535 votes and 6.026% on 24 September 2025."
      ]
    },
    {
      "holder_id": "ausbil",
      "name": "Ausbil Investment Management Limited",
      "classification": "reporting_group",
      "shares": 25508277,
      "percentage": 5.451,
      "percentage_basis": "voting_power",
      "as_of_date": "2026-10-15",
      "investor_id": null,
      "identity_note": null,
      "source_ids": [
        "ausbil"
      ],
      "notes": [
        "19 October Form 604 reports 25,508,277 votes and 5.451% on 15 October."
      ]
    },
    {
      "holder_id": "blackrock",
      "name": "BlackRock Group",
      "classification": "reporting_group",
      "shares": 23398715,
      "percentage": 5.01,
      "percentage_basis": "voting_power",
      "as_of_date": "2026-08-20",
      "investor_id": null,
      "identity_note": null,
      "source_ids": [
        "blackrock"
      ],
      "notes": [
        "24 August Form 603 reports 23,398,715 votes and 5.01% on 20 August, following an earlier cessation."
      ]
    }
  ],
  "other_investors": [
    {
      "holder_id": "brendan-harris",
      "name": "Brendan Harris and family interests",
      "classification": "reporting_group",
      "shares": 846126,
      "percentage": null,
      "percentage_basis": "issued_shares",
      "as_of_date": "2026-08-27",
      "investor_id": null,
      "identity_note": null,
      "source_ids": [
        "harris"
      ],
      "notes": [
        "Director notice reports 796,050 ordinary shares through Harris Family A/C and 50,076 direct restricted ordinary shares after change; performance rights excluded. The notice states date of change 27 August but separately refers to rights vesting on 28 August."
      ],
      "caveat": "The notice contains inconsistent dates for the change and vesting; the reported post-change quantity may have become effective on 28 August."
    }
  ],
  "sources": [
    {
      "source_id": "annual",
      "title": "FY26 annual report",
      "publisher": "Sandfire / ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03125934-6A1340264",
      "publication_date": "2026-08-26",
      "accessed_date": "2026-10-31",
      "locator": "PDF pages 241–242, register visually inspected; local downloads/SFR/2026/2026-08-26_App 4E, FY26 Financial Results Overview and Annual Report_364aa4f693916849.pdf",
      "detail": "20 registered accounts and issued shares as at 24 July 2026."
    },
    {
      "source_id": "australian",
      "title": "Form 604: AustralianSuper",
      "publisher": "Sandfire / ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03148339-6A1349216",
      "publication_date": "2026-10-14",
      "accessed_date": "2026-10-31",
      "locator": "Page 1; local downloads/SFR/2026/2026-10-14_Change in substantial holding_dc6ac4328902a51a.pdf",
      "detail": "44,215,523 votes and 9.45% on 12 October 2026."
    },
    {
      "source_id": "ausbil",
      "title": "Form 604: Ausbil",
      "publisher": "Sandfire / ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03150075-6A1349943",
      "publication_date": "2026-10-19",
      "accessed_date": "2026-10-31",
      "locator": "Page 1 visually inspected; local downloads/SFR/2026/2026-10-19_Change in substantial holding_85f42fce7d3041da.pdf",
      "detail": "25,508,277 votes and 5.451% on 15 October 2026."
    },
    {
      "source_id": "state",
      "title": "Form 604: State Street",
      "publisher": "Sandfire / ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03110560-6A1333657",
      "publication_date": "2026-07-13",
      "accessed_date": "2026-10-31",
      "locator": "Page 1; local downloads/SFR/2026/2026-07-13_Change in substantial holding_6395c503faacdc2c.pdf",
      "detail": "29,553,861 votes and 6.33% on 9 July 2026."
    },
    {
      "source_id": "blackrock",
      "title": "Form 603: BlackRock",
      "publisher": "Sandfire / ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03124536-6A1339748",
      "publication_date": "2026-08-24",
      "accessed_date": "2026-10-31",
      "locator": "Page 1 visually inspected; local downloads/SFR/2026/2026-08-24_Becoming a substantial holder_e4c0fea882e08bc0.pdf",
      "detail": "23,398,715 votes and 5.01% on 20 August 2026."
    },
    {
      "source_id": "vanguard",
      "title": "Form 604: Vanguard",
      "publisher": "Sandfire / ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02999529-6A1286501",
      "publication_date": "2025-09-29",
      "accessed_date": "2026-10-31",
      "locator": "Page 1; local downloads/SFR/2025/2025-09-29_Change in substantial holding_8cd896de1ee0974e.pdf",
      "detail": "27,669,535 votes and 6.026% on 24 September 2025."
    },
    {
      "source_id": "harris",
      "title": "Appendix 3Y: Brendan Harris",
      "publisher": "Sandfire / ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03130652-6A1341814",
      "publication_date": "2026-09-02",
      "accessed_date": "2026-10-31",
      "locator": "Pages 1–2; local downloads/SFR/2026/2026-09-02_Appendix 3Y Change of Director's Interest Notice - B Harris_428e6b0e3c60ab13.pdf",
      "detail": "Post-change 796,050 indirect shares and 50,076 direct restricted shares; change date is stated as 27 August but vesting is also dated 28 August."
    },
    {
      "source_id": "macquarie-cease",
      "title": "Form 605: Macquarie",
      "publisher": "Sandfire / ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03073110-6A1318277",
      "publication_date": "2026-03-27",
      "accessed_date": "2026-10-31",
      "locator": "Page 1; local downloads/SFR/2026/2026-03-27_Ceasing to be a substantial holder from MQG_ca952e496992e381.pdf",
      "detail": "Macquarie ceased substantial status 26 March 2026; no zero holding implied."
    }
  ],
  "limitations": [
    "The 20 registered accounts total 423,914,040 shares and 90.80% of issued ordinary shares on 24 July 2026; nominees do not identify underlying beneficial owners.",
    "The later Harris notice states the change date was 27 August but also states rights vested on 28 August; its post-change holding is reported with that date uncertainty.",
    "State Street and Vanguard disclosures are historical, and both group interests and register accounts can overlap; do not sum these views or assume custody equals economic ownership.",
    "Macquarie ceased being a substantial holder on 26 March 2026, without implying zero ownership. BlackRock subsequently regained substantial status on 20 August.",
    "The 16 October 2026 Sandfire notice concerns its investment in BOA Resources, not ownership of Sandfire.",
    "Havilah’s register account reflects Sandfire shares received in the Kalkaroo transaction; subsequent ownership may have changed."
  ]
}