Trading Places: Here are the substantial holders that were buying and selling this week

Trading Places is Stockhead’s weekly recap of substantial holder movements focusing on fund managers.

Substantial shareholders are shareholders holding 5 per cent or more of a company’s shares and 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 and any change in their holdings while they remain above 5 per cent.

Buyers

Alex Waislitz’ Thorney Group spent another $900,000 on NSX (ASX:NSX) stock. The exchange is attempting to become an alternative market to the ASX, but by managements’ own admission is held back by a lack of liquidity.

The other two purchases by Thorney this week included a 5.57 per cent stake in enviro-tech stock Calix (ASX:CXL) and a topping up of its stake in Southern Cross Electrical Engineering (ASX:SXE).

This week GBST (ASX:GBT) shareholders voted overwhelmingly in favour of an acquisition. Buying in only a few days before was London-based fund manager Samson Rock Capital, taking a 5.39 per cent stake.

The only timber stock on the ASX, Kangaroo Island Plantation Timber (ASX:KPT), saw Washington H Soul Pattison increase its holdings to 10.57 per cent.

Merchant Funds Management bought a 11.43 per cent stake in pot stock AusCann Group (ASX:AC8) while Regal Funds Management increased its stake in Medadvisor (ASX:MDR) to 7.38 per cent.

Australian Ethical Investment’s buys this week included Janison Education (ASX:JAN) taking a 7.99 per cent stake and consumer tech stock Shriro Holdings (ASX:SHM) now owning 11.63 per cent.

Challenger bought into SeaLink Travel Group (ASX:SLK) as part of a capital raising to help with an acquisition.

Company Code Market Cap Holder Stake Status
Shriro Holdings SHM $67.0M Australian Ethical Investment 11.63% Increasing
Credit Intelligence CI1 $14.2M Tan Biing Gim 7.96% Becoming
Hansen Technologies HSN $702.8M Fidelity 10.00% Increasing
Advanced Braking Technology ABV $7.5M Keith Knowles 16.52% Increasing
Spectrum Metals SPX $110.8M Chalice Gold Mines 7.01% Increasing
GBST Holdings GBT $260.1M Samson Rock Capital 5.05% Becoming
Wingara Ag WNR $30.5M Naos Asset Management 26.48% Increasing
AusCann Group Holdings AC8 $98.3M Merchant Funds Management 11.43% Becoming
Southern Cross Electrical Engineering SXE $141.1M Thorney Opportunities 18.53% Increasing
Motorcycle Holdings MTO $147.5M Auscap Asset Mangement 5.51% Becoming
Gale Pacific GAP $83.4M Castle Point Funds Management 5.03% Becoming
Millennium Servives Group MIL $13.3M Wayne & Eileen Crewes 13.90% Increasing
Zenith Energy ZEN $96.4M Pendal Group 8.76% Increasing
Lefroy Energy LEX $21.6M Michael Davies 13.91% Increasing
Sealink Travel Group SLK $497.0M Challenger 5.11% Becoming
NSX NSX $33.3M Thorney Group 7.45% Increasing
Todd River Resources TRT $6.6M S2 Resources 30.62% Increasing
Kangaroo Island Plantation Timbers KPT $140.2M Washington H Soul Pattison 10.57% Increasing
Thorn Group TGA $87.0M Investor Mutual 9.98% Increasing
Eagle Health Holdings EHH $43.7M Chen Linxiang 18.21% Becoming
Hansen Technologies HSN $702.8M Franklin Resources 5.68% Becoming
Theta Gold Mines TGM $69.9M Xinzhou Li 6.11% Becoming
Anova Metals AWV $7.0M Jetosea - Charles Arve 5.39% Becoming
Aurora Minerals ARM $2.7M Jetosea - Charles Arve 9.09% Becoming
Medadvisor MDR $89.4M Regal Funds Management 7.38% Increasing
Calix CXL $101.3M Thorney Technologies 5.57% Becoming
Janison Education JAN $57.2M Australian Ethical nvestment 7.99% Becoming
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Sellers

San Francisco-based Osium Partners cut its stake in online market place Redbubble (ASX:RBL) to 7.9 per cent. After retreating during the last quarter of 2018, the stock has bounced back gaining 60 per cent this year.

Challenger cut its stake in EML Payments (ASX:EML) to 7.73 per cent while PM Capital reduced its stake in iCar Asia (ASX:ICQ) to 9.64 per cent.

Among fund managers that ceased to be substantials were Lowell Resources Fund, selling out of gold miner Santana Minerals (ASX:SMI). Naos Asset Management now holds only 4.28 per cent of Motorcycle Holdings (ASX:MTO) after sales over the last week.

Company Code Market Cap Holder Current Stake Status
Antisense Therapeutics ANP $41.2M Australian Ethical Investment 18.50% Decreasing
Santana Minerals SMI $2.7M Lowell Resources Fund 0% Ceasing
Leigh Creek Energy LCK $123.7M Crown Ascent Development 5.20% Decreasing
Oilex OEX $11.5M Republic Investment Management 13.72% Decreasing
BWX BWX $505.7M NN Group 16.93% Decreasing
Beston Global Food Company BFC $44.3M Mackenzie Financial Corporation 7.81% Decreasing
Konekt KKT $51.3M Alan Berrick 1.38% Ceasing
Davenport Resources DAV $7.6M Parkway Minerals 20.80% Decreasing
Boss Resources BOE $101.4M Davey Management 6.11% Decreasing
Pearl Global PG! $21.1M Erasmus Technologies 4.41% Ceasing
Apollo Minerals AON $8.3M Juniper Capital Partners 9.76% Ceasing
EML Payments EML $1.0B Challenger 7.73% Dereasing
iCar Asia ICQ $118.8M PM Capital Asian Opportunities Fund 9.64% Decreasing
Vimy Resources VMY $32.4M Michael Fewster 6.40% Decreasing
Redbubble RBL $383.9M Osium Partners 7.90% Decreasing
Motorcycle Holdings MTO $145.6M NAOS Asset Management 4.28% Ceasing
Millennium Servic MIL $13.3M Royce Galea 14.85% Decreasing
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