Qatar Holdings Becomes Tiffany’s Largest Shareholder

Qatar Holdings, an investment fund owned by the state of Qatar, now owns 5.195 percent of Tiffany, making it the largest shareholder of the famed retailer.

Qatar Holding’s acquisition of 6.5 million-shares was disclosed in a Jan. 10 information SEC filing, and was first reported April 19 in the Financial Times.

According to Yahoo Finance, Tiffany’s next largest shareholder is Vanguard Group, which owns 5.15 percent.

A spokeswoman for Qatar Holdings declined further comment. Tiffany spokesman Mark Aaron noted the holding is a few months old and said the retailer “learned about when they did their SEC filing.”