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If you want to know which ASX stocks fund managers and famous investors are putting their money into we’ve been keeping track of substantial holder buys (and sells).
Trading Places is Stockhead’s recap of the substantial holder movements among ASX small caps over the last fortnight.
Substantial shareholders are those 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 |
|---|---|---|---|---|---|
| Ansarada Group | AND | $102.3M | Australian Ethical Investment | 5.93% | Becoming |
| Bravura Solutions | BVS | $658.0M | Australian Ethical Investment | 5.02% | Becoming |
| Peel Mining | PEX | $108.9M | St Barbara | 9.93% | Increasing |
| Class | CL1 | $199.3M | Microequities Asset Management | 7.00% | Increasing |
| AMA Group | AMA | $416.9M | Mittleman Investment Management | 7.17% | Increasing |
| Redbubble | RBL | $1.1B | Kayne Anderson Durnick | 7.19% | Increasing |
| Chase Mining | CML | $7.4M | Syracuse Capital | 9.22% | Increasing |
| Swick Mining Services | SWK | $41.1M | Castle Point Funds Management | 9.16% | Increasing |
| Genex Power | GNX | $207.0M | Paradice Investment Management | 9.97% | Increasing |
| DiscovEX Resources | DCX | $12.6M | Crest Investment Group | 5.69% | Becoming |
| Constellation Technologies | CT1 | $25.1M | Mengjiao Zhao | 5.78% | Becoming |
| Peel Mining | PEX | $110.4M | Paradice Investment Management | 5.50% | Becoming |
| Zimi | ZMM | $9.7M | Perennial Value Management | 8.32% | Becoming |
| Elemore | ELE | $24.1M | Regal Funds Management | 7.48% | Becoming |
| Alcidion | ALC | $399.9M | Australian Super | 5.05% | Becoming |
| Doctor Care Anywhere | DOC | $331.5M | Perennial Value Management | 9.63% | Increasing |
| Metals X | MLX | $213.2M | Old Peak Group | 16.52% | Increasing |
| iSelect | ISU | $74.1M | Microequities Asset Management | 7.56% | Increasing |
| Environmental Clean Technologies | ECT | $4.8M | LJ & K THomson Super Fund | 19.29% | Increasing |
| My Food Bag | MFB | $373.4M | Harbour Asset Management | 9.01% | Increasing |
| InvoCare | IVC | $1.6B | Kuang Ming Investments | 5.01% | Becoming |
| Bowen Coking Coal | BCB | $54.8M | M Resources & Matthew Latimore | 16.27% | Increasing |
| Whispir | WSP | $376.4M | AustralianSuper | 5.06% | Becoming |
| Genetic Signatures | GSS | $197.2M | Perennial Value Management | 14.92% | Increasing |
| Navigator Global Investments | NGI | $309.1M | Perennial Value Management | 11.76% | Increasing |
| Mortgage Choice | MOC | $240.6M | Lakesville Capital Management | 6.11% | Increasing |
| White Rock Minerals | WRM | $33.1M | Crescat Portfolio Management | 10.86% | Increasing |
| Prophecy International | PRO | $34.0M | Topline Capital Partners | 9.20% | Increasing |
| Nova Eye Medical | EYE | $47.4M | Australian Ethical Investment | 17.53% | Increasing |
| Baumart Holdings | BMH | $26.1M | Pt Mitra Investama Anugrah | 6.45% | Becoming |
| Analytica | ALT | $5.3M | Invo8 | 7.82% | Increasing |
| Duke Exploration | DEX | $22.6M | Misty Grange | 8.73% | Increasing |
| Verbec | VBC | $34.1M | Thorney Opportunities | 11.40% | Increasing |
| K2 Fly | K2F | $35.9M | Regal Funds Management | 5.12% | Becoming |
| Whispir | WSP | $376.4M | AustralianSuper | 5.06% | Becoming |
| 3P Learning | 3PL | $185.5M | Sterling Equity | 9.40% | Increasing |
| MetalsX | MLX | $231.0M | Old Peak Group | 17.98% | Increasing |
| Powerhouse Ventures | PVL | $9.0M | Financial Clarity | 14.67% | Increasing |
| G8 Eeucation | GEM | $885.6M | Allan Gray | 15.33% | Increasing |
| Marley Spoon | MMM | $633.7M | Challenger | 5.10% | Becoming |
The ASX is home to a handful of food delivery stocks. The largest of these is Marley Spoon (ASX:MMM) and it welcomed Challenger as a substantial holder with a 5.1 per cent stake.
Another is New Zealand based My Food Bag (ASX:MFB) and it has not seen a successful run since its listing two months ago. But Harbour Asset Management upped its stake to just over 9 per cent.
One of the ASX’s few funeral stocks Invocare (ASX:IVC) saw Kuang Ming Investments, which appears to be a family office in Singapore, become a substantial holder. It crossed the threshold with over $5.7 million of purchases in the last week of April.
The company has actually struggled due to COVID-19 thanks to low levels of COVID-19 and flu deaths, as well as restrictions on funeral numbers.
Health stocks were popular t00 – Australian Ethical accumulated a 17.53 per cent stake in Nova Eye Medical (ASX:EYE) while Perennial Value Management has a 9.63 per cent stake in Doctor Care Anywhere (ASX:DOC).
One of the few ASX-listed fund managers, Microequities (ASX:MAM), capped off a 7.56 per cent stake in iSelect (ASX:ISU).
| Company | Code | Market Cap | Holder | Current Stake | Status |
|---|---|---|---|---|---|
| Kingsgate Consolidated | KCN | $193.4M | Westoz Funds Management | 5.95% | Decreasing |
| Deterra Royalties | DRR | $2.4B | United Super | <5% | Ceasing |
| Rafaella Resources | RFR | $16.1M | Meteoric Resources | <5% | Ceasing |
| Kogan | KGN | $1.1B | FMR | 8.17% | Decreasing |
| Family Zone Cyber Safety | FZO | $206.9M | Regal Funds Management | 11.09% | Decreasing |
| Emerge Gaming | EM1 | $25.8M | LTL Capital | <5% | Ceasing |
| Red Sky Energy | ROG | $55.6M | Scintilla Strategic Investments | <5% | Ceasing |
| Dusk Group | DSK | $227.3M | BB Retail Capital | <5% | Ceasing |
| Thorn Group | TGA | $69.3M | Forager Funds Management | 11.75% | Decreasing |
| Inventis | IVT | $9.5M | Debra Noun | 25.22% | Decreasing |
| Euro Manganese | EMN | $214.5M | Nero Resource Fund | <5% | Ceasing |
| Aussie Broadband | ABB | $582.4M | Regal Funds Management | 6.53% | Decreasing |
| Healthia | HLA | $157.9M | Viburnum Funds | <5% | Ceasing |
Brett Blundy-owned private investment group BB Retail Capital ceased to be a substantial holder of home fragrance product retailer Dusk Group (ASX:DSK), parting ways with $1.1 million in shares last week.
After initially dropping when listing last November the retailer, which is also backed by Wilson Asset Management, is now 80 per cent up off the back of its financial results since listing.
Regal Funds Management cut its stake in cybersecurity stock Family Zone Cyber (ASX:FZO) to just over 11 per cent.
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