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Trading Places: Here are this week’s substantial holder movements
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Trading Places is Stockhead’s weekly recap of substantial holder movements among ASX small caps, and fund managers feature prominently in this week’s edition.
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
| Company | Code | Market Cap | Holder | Stake | Status |
|---|---|---|---|---|---|
| Alice Queen | AQX | $25.2M | Morris Family | 8.42% | Increasing |
| Adairs | ADH | $419.3M | Pendal Group | 5.32% | Becoming |
| Chant West Holdings | CWL | $12.7M | Troy Harry | 6.45% | Becoming |
| Broken Hill Prospecting | BPL | $4.1M | Hill Family Group | 21.38% | Increasing |
| Pacifico Minerals | PMY | $14.4M | Craig Chapman | 5.19% | Increasing |
| Cobalt Blue Holdings | COB | $18.1M | Broken Hill Prospecting | 5.63% | Becoming |
| Environmental Clean Technologies | ECT | $2.4M | LJ & K Thomson | 15.26% | Increasing |
| SIPA Resources | SRI | $7.8M | JM Financial Group | 7.79% | Becoming |
| Mosaic Brands | MOZ | $123.0M | Perpetual | 12.80% | Increasing |
| K&S Corporation | KSC | $190.9M | Linfox Australia | 18.05% | Increasing |
| John Lyng Group | JLG | $564.5M | QVG Capital | 5.22% | Becoming |
| City Chic Collective | CCX | $579.3M | QVG Capital | 5.09% | Becoming |
| Adairs | ADH | $419.3M | Pendal Group | 5.32% | Becoming |
| Alice Queen | AQX | $25.2M | Datt Group | 6.60% | Increasing |
| Zoono | ZNO | $264.6M | Regal Funds Management | 9.18% | Becoming |
| NRW Holdings | NWH | $1.0B | Vinva Investment Management | 5.30% | Becoming |
| Mach7 Technologies | M7T | $131.6M | Clime Investment Management | 5.32% | Becoming |
| Saturn Metals | STN | $35.9M | 1832 Asset Management | 7.51% | Increasing |
| Fertoz | FTZ | $12.7M | John Bond | 5.66% | Becoming |
| Fertoz | FTZ | $12.7M | Bucket Super - Kimberly Chisolm | 6.63% | Increasing |
| Pure Minerals | PM1 | $8.9M | Robert Pearce | 6.45% | Becoming |
| Infomedia | IFM | $649.4M | Pendal Group | 6.14% | Increasing |
| NSX | NSX | $31.1M | Exchange Technology Investments | 8.07% | Increasing |
| Gullewa | GUL | $7.0M | Cyril Bell | 7.40% | Increasing |
| Southern Cross Media | SXL | $484.5M | Ubique Asset Management | 13.07% | Increasing |
| Ioneer | INR | $268.8M | Centaurus Capital | 9.21% | Increasing |
| Hansen Technologies | HSN | $671.3M | Long Path Partners | 5.01% | Becoming |
| Mincor Resources | MCR | $224.9M | Squadron Resources | 8.51% | Increasing |
| EML Payments | EML | $1.2B | Challenger | 6.27% | Increasing |
| Zip Co | Z1P | $1.1B | Regal Funds Management | 5.03% | Becoming |
| Imcor Medical Systems | IMR | $135.9M | Regal Funds Management | 6.02% | Becoming |
| Pure Alumina | PUA | $3.3M | Keith Knowles | 6.13% | Increasing |
| Gage Roads Browing | GRB | $78.0M | Perennial Value Management | 11.10% | Increasing |
| SciDev | SDV | $94.6M | Perennial Value Management | 12.53% | Increasing |
| Aerometrex | AMX | $176.5M | Perennial Value Management | 5.27% | Becoming |
| MoneyMe | MME | $266.9M | Perennial Value Management | 9.44% | Increasing |
| EnviroSuite | EVS | $183.3M | Perennial Value Management | 6.52% | Becoming |
| Capitol Health | CAJ | $228.7M | Paradice Investment Management | 8.76% | Increasing |
| Toro Energy | TOE | $18.3M | Sentinent Executive | 18.56% | Increasing |
| DGO Gold | DGO | $85.1M | Costa Asset Management | 8.99% | Increasing |
| Alto Metals | AME | $16.4M | Harvest Lane Asset Management | 5.32% | Becoming |
| Consolidated Zinc | CZL | $12.1M | Copulos Group | 31.91% | Increasing |
| DGO Gold | DGO | $85.1M | John Barlow | 8.34% | Increasing |
| Cazaly Resources | CAZ | $8.3M | Nathan McMahon | 9.61% | Increasing |
| Spectur | SP3 | $6.1M | Charles Wilkins | 8.54% | Increasing |
| Tigers Real Coal | TIG | $56.8M | Hansen Investment | 6.80% | Increasing |
| OM Holdings | OMH | $296.9M | Huang Gang | 13.08% | Increasing |
| Select Harvests | SHV | $608.8M | Paradice Investment Management | 8.37% | Increasing |
| DGO Gold | DGO | $85.1M | Regal Funds Management | 17.13% | Increasing |
| Ashley Services | ASH | $54.0M | Viburnum Funds | 9.67% | Increasing |
| Chant West Holdings | CWL | $13.3M | DMX Asset Management | 5.48% | Becoming |
| Titan Minerals | TTM | $76.3M | MM Asset Management | 6.65% | Becoming |
| Spectrum Metals | SPX | $189.7M | Ramelius Resources | 13.48% | Increasing |
| Ovato | OVT | $22.0M | Wentworth William Management | 8.82% | Increasing |
Zoono (ASX:ZNO) is more than a 20 bagger with investors demanding the stock in much the same fashion customers are scrambling for the hand sanitiser maker’s products.
This week Regal Funds Management came to the table, buying over $20m in stock, which equates to just over 9 per cent of the company. Regal also became substantial holders of buy now, pay later stock Zip Co (ASX:Z1P) and Imcor Medical Systems (ASX:IMR).
Perennial Value Management made several buys including into recently listed aerial mapping firm Aerometrex (ASX:AMX) and fintech MoneyMe (ASX:MME).
Paradice Investment Management increased its holdings in almond seller Select Harvests (ASX:SHV) and Capitol Health (ASX:CAJ).
Retailers were also popular this week with Perpetual buying more of Mosaic Brands (ASX:MOZ), Pendal Group buying into Adairs (ASX:ADH) and QVG Capital buying into City Chic Collective (ASX:CCX).
Among individual investors, Stephen Copulos bought more of Consolidated Zinc (ASX:CZL) and now owns nearly 32 per cent of the company.
Sellers
| Company | Code | Market Cap | Holder | Current Stake | Status |
|---|---|---|---|---|---|
| Zoono Group | ZNO | $262.9M | Paul Hyslop | 41.00% | Decreasing |
| Renasor Resources | RNU | $11.9M | Kabininge Super Fund | 9.96% | Decreasing |
| Energy Resources of Australia | ERA | $484.7M | Zentree Investments | 1.55% | Ceasing |
| Mosaic Brands | MOZ | $99.7M | Wilson Asset Management | 4.20% | Ceasing |
| Life360 | 360 | $389.3M | Challenger | 0.00% | Ceasing |
| Baby Bunting | BBN | $363.6M | Vinva Investment Management | 4.80% | Ceasing |
| Imdex | IMD | $586.7M | Yarra Funds Management | 8.05% | Decreasing |
| Xref | XF1 | $43.7M | Fidelity | 6% | Decreasing |
| Rafaella Resources | RFR | $6.2M | Chifley Portfolios | 3.35% | Ceasing |
Regal’s $22m worth of Zoono shares came from none other than the company’s CEO, Paul Hyslop.
But Hyslop still owns 41 per cent of the company and apparently fund managers like Regal were desperate to buy in. The sale paid back a loan Hyslop had made to Zoono.
