Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight.

Specifically, Stockhead tracks substantial shareholder movements, being shareholders holding 5 per cent or more of a company’s shares — these can be directors, individual investors, or institutional investors.

Shareholders are required to announce to the exchange when they cross above or below the 5 per cent threshold, as well as any change in their holdings while they remain above 5 per cent.



Company Code Market Cap Holder Stake Status
Vita Group VTA $145.7M Spheria Asset Management 16.30% Increasing
Lumos Diagnostics LDX $162.2M Perennial Value Management 10.21% Increasing
HRL Holdings HRL $54.4M Perennial Value Management 14.92% Increasing
Zoom2u Z2U $78.0M Perennial Value Management 9.88% Becoming
Western Mines WMG $8.1M Ilwella 10.27% Increasing
Red 5 RED $506.6M Victor Smorgon Partners 12.39% Increasing
Service Stream SSM $486.6M Allan Gray 5.09% Becoming
Way2VAT W2V $45.3M Regal Funds Management 9.80% Becoming
Intega Group ITG $240.6M Richmond Hill Capital 8.04% Increasing
3P Learning 3PL $337.3M Australian Ethical 9.04% Increasing
G8 Education GEM $851.6M Sunsuper Superannuation Fund 5.48% Becoming
Dreadnought Resources DRE $96.4M Paul Chapman 10.93% Increasing
Gentrack GTK $174.4M Naos Asset Management 19.97% Increasing
Burley Minerals BUR $8.8M Nathan McMahon 10.10% Increasing
Okapi Resources OKR $56.0M Avalance Trust Fund 5.54% Becoming
Somnomed SOM $185.4M Fidelity 5.02% Becoming
Senex Energy SXY $617.1M Paradice Investment Management 8.46% Increasing
Volpara Health Technologies VHT $284.0M Harbour Asset Management 10.03% Increasing
AMA Group AMA $444.2M Thorney 5.09% Becoming
Mamba Exploration M24 $6.4M Juston Boylson 5.27% Becoming
Connexion Telematics CXZ $15.0M Graham Newman 8.18% Increasing
Juno Minerals JNO $21.2M Tiger Hill Globa fund 10.20% Increasing
Maggie Beer MBH $151.0M Perennial Value Management 7.91% Increasing
Hot Chili HCH $174.7M Murray Black 7.09% Increasing
Clover Corp CLV $245.3M Perpetual 5.04% Becoming
Nitro Software NTO $733.6M Copia Investment Partners 5.00% Becoming
Sandfire Resources SFR $1.1B Vinva Investment Management 5.07% Becoming
AMA Group AMA $400.0M Mittleman Investment Management 12.88% Increasing
Resolute Mining RSG $452.6M L1 Capital 8.34% Increasing
Genesis Minerals GMD $319.6M Paradice Investment Management 7.61% Becoming
Mt Gibson Iron MGX $564.3M Fidelity 7.15% Increasing
Angel Seafood AS1 $23.4M Thorney 14.15% Increasing
Imdex IMD $939.6M L1 Capital 10.57% Increasing
AMA Group AMA $399.8M AustralianSuper 11.50% Increasing
EnviroSuite EVS $208.9M Perennial Value Management 11.87% Increasing
HRL Holdings HRL $59.3M Australian Ethical 8.25% Increasing
Stealth Global SGI $16.4M Narelle Edmunds 9.23% Increasing
intelliHR IHR $72.2M Slattery Family Trust 11.59% Increasing
WordPress Tables Plugin

Twelve months ago, tech entrepreneur and investor Bevan Slattery bought into HR tech company intelliHR (ASX:IHR), acquiring $2.5 million in shares at 7.5 cents each.

The stock rallied off the back of his investment and while it is off its all time high of 54 cents – reached in January – his stake has still nearly tripled with the share price at over 20 cents.

Last week he bought another 2.9 million shares for $667,000, taking his stake to 11.59%.

Victor Smorgon Partners, a botique investment manager run by the family of the late industrial businessman, chipped $10 million into aspiring gold producer Red 5 (ASX:RED), taking its stake to nearly 13%.

Turning to fund managers, trades made by Australian Ethical include ed tech 3P Learning (ASX:3PL) and lab testing services firm HRL Holdings (ASX:HRL).

Perennial also topped up its holdings in HRL Holdings (ASX:HRL) as well as in  medtech Lumos Diagnostics (ASX:LDX).

Melbourne based firm Copia Investment Partners became a substantial holder of Nitro Software (ASX:NTO), acquiring a 5% stake.

And Vinva Investment Management became a substantial holder of copper producer Sandfire Resources (ASX:SFR).



Company Code Market Cap Holder Current Stake Status
Veem VEE $158.7M Perennial 10.53% Decreasing
HRL Holdings HRL $54.4M Viburnum Funds <5% Ceasing
DGL Group DGL $689.8M Milford Asset Management <5% Ceasing
Marley Spoon MMM $447.4M Challenger <5% Ceasing
Money3 MNY $690.7M Thorney Opportunities 11.77% Decreasing
Motorcycle Holdings MTO $184.5M Auscap Asset Management 6.90% Decreasing
AML3D AL3 $22.6M Perennial 6.05% Decreasing
Swift Media SW1 $13.3M Regal Funds Management <5% Ceasing
Coronado Resources CRN $2.3B L1 Capital 7.26% Decreasing
IXUP IXU $132.3M Regal Funds Management <5% Ceasing
Capitol Health CAJ $378.1M Challenger <5% Ceasing
South32 S32 $15.6B Schroder 6.43% Decreasing
WordPress Tables Plugin

One of the most successful IPOs this year has been chemical services stock DGL (ASX:DGL) which has nearly tripled since its IPO.

Milford Asset Management ceased to be a substantial holder last week, gradually selling down its stake in September.

Schroder cut its stake in diversified miner South32 (ASX:S32) to 6.42%. And Challenger ceased to be a substantial holder of Marley Spoon (ASX:MMM).