Ultimately, Stefania Vitali, James Glattfelder and Stefano Battiston identified a core of 1,318 companies with interwoven ownerships, each with ties to two or more other companies. They were connected to an average of 20 each, the researchers found. The network forms a "giant bow-tie structure," with a small, tight knot in the middle and connections spanning outward in an increasingly nebulous pattern. The knot is very small and dense compared to the other sections, and the researchers dubbed it an economic "super-entity." It is also very closely held — about three-quarters of the ownership remains in the hands of the core itself.