Amos Luzon Sees $60 Million Gain as Luzon Group Stock Soars
Amos Luzon, controlling shareholder of Luzon Group, has seen his holdings increase by approximately 229 million shekels in less than a month due to a 20.4% stock surge. Institutional investors like Mor Pension Funds and Menora Mivtachim Pension Funds have also profited from the stock's performance. Luzon has been actively increasing his stakes in his real estate companies, including a recent acquisition of Kohan Properties shares for 19.5 million shekels.
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- Amos Luzon's holdings gained 229 million shekels as Luzon Group stock rose 20.4% in October.
- Luzon Group's stock surge has benefited institutional investors like Mor Pension Funds and Menora Mivtachim.
- Amos Luzon has been actively acquiring shares in his real estate companies, including Luzon Group.
- Luzon Group recently acquired Kohan Properties for 19.5 million shekels, with Luzon holding 60%.
- While Luzon Group stock rose, Av-Gad shares dropped 10% in the last month.
Amos Luzon, the controlling shareholder of Luzon Group, has seen a significant increase in his net worth over the past few weeks, with his holdings gaining approximately 20.4% in value since the beginning of October. The company's stock is currently trading at 5.37 shekels per share, valuing the company at around 2.34 billion shekels. Luzon has consistently demonstrated confidence in the company's operations by regularly purchasing shares. As of October 22, 2026, he owns over 25 million shares, representing 57.71% of the company's equity and voting rights. The value of his direct stake has reached approximately 1.35 billion shekels, with the recent stock surge adding about 229 million shekels to his portfolio in less than a month.
Institutional investors have also benefited from the stock's rise. Mor Pension Funds holds about 11.96% of the equity, valued at roughly 280 million shekels, and Menora Mivtachim Pension Funds holds approximately 7.56%, worth about 177 million shekels. Both firms have seen substantial gains from the recent stock performance. Other significant holders include Mor Mutual Funds and Menora Nostro.
Luzon has recently expanded his stake in his real estate companies, which include Luzon Group, Luzon-Ronson, and Luzon Credit (formerly Triya). In recent weeks, he acquired shares in these companies for hundreds of thousands of shekels at prices around 5 shekels per share, with substantial purchases of Luzon Group shares occurring just last week.
In contrast, some stocks have experienced declines, with Av-Gad dropping about 10%. However, Oron Group has seen a significant jump of 27%, and Danya Sibas has increased its value by approximately 16.67%.
Separately, Luzon Group, in partnership with Alpha Gidurin, announced the acquisition of Kohan Properties shares for approximately 19.5 million shekels. Luzon will hold a 60% stake in the acquired company, with Alpha Gidurin holding 40%. The deal was completed upon signing, and Luzon Group plans to enhance the acquired company's profitability using its existing assets.
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