Trading Places: Here are this week's substantial holder movements

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

Australia’s secondary share market, the NSX (ASX:NSX), welcomed a new substantial holder this week. Hong Kong-based company United Capitals bought an 11.9 per cent share.

While Gina Rinehart’s Hancock Prospecting is a private company, she owns stakes in a few ASX small caps. One of these is gold explorer Catalyst Metals (ASX:CYL) and she put more of her money into it last week – upping her ante to 14.78 per cent.

Ed-tech stock Schrole Group (ASX:SCL) saw Capital H Management increase its stake to 12.2 per cent.

Also among fund manager trades this week, Perpetual topped up its holdings in furniture retailer Nick Scali (ASX:NCK) and Samuel Terry Asset Management bought more of digital marketing play Salmat (ASX:SLM).

Mariner Corporation (ASX:MCX) recently raised $2.4m to extinguish its debts, and taking a whopping 71.41 per cent stake was Panshan Capital. Little information is available about Panshan except that it is based in Sydney.

Company	Code	Market Cap	Holder	Stake	Status
Boom Logistics	BOL	$63.1M	Castle Point Funds Management	7.31%	Increasing
Australian Finance Group	AFG	$545.4M	Wilson Asset Management	6.13%	Increasing
NSX	NSX	$38.9M	United Capitals	11.90%	Becoming
Macquarie Telecom	MAQ	$492.2M	Viburnum Funds	9.80%	Increasing
Advanced Braking Technology	ABV	$11.2M	Keith Knowles	18.30%	Increasing
Siburan Resources	SBU	Suspended	Ace Solution Investments	12.53%	Becoming
Desane Group Holdings	DGH	$58.9M	Felice Montrone	6.67%	Increasing
Nick Scali	NCK	$507.9M	Perpetual	11.22%	Increasing
Retail Food Group	RFG	$177.0M	Regal Funds Management	14.23%	Increasing
Empire Energy Group	EEG	$111.6M	Elphinstone Group	5.05%	Becoming
Catalyst Metals	CYL	$230.4M	Gina Rinehart	14.78%	Increasing
Simble Solutions	SIS	$4.8M		19.71%	Increasing
Electro Optic Systems	EOS	$757.1M	Regal Funds Management	6.14%	Becoming
Alliance Aviation Services	AQZ	$336.5M	Remco Properties	5.69%	Increasing
Mitchell Services	MSV	$102.8M	Scott Tumbridge	7.20%	Becoming
Onevue Holdings	OVH	$100.4M	Moelis	6.17%	Increasing
Splitit	SPT	$247.7M	Gil Don	5.38%	Becoming
Salmat	SLM	$136.8M	Samuel Terry Asset Management	10.40%	Increasing
Mincor Resources	MCR	$205.4M	Squadron Resoures	6.17%	Becoming
Universal Biosensors	UBI	$37.3M	Viiburnum Funds	20.65%	Increasing
PYC Therapeutics	PYC	$173.0M	Australian Land	27.11%	Increasing
RBR Group	RBR	$12.4M	Athol Emerton	12.30%	Increasing
Empire Energy Group	EEG	$123.4M	Global Energy and Resources Development	9.79%	Increasing
Aus Tin Mining	ANW	$3.7M	Karl and Lisa Hamann	10.02%	Increasing
Schrole Group	SCL	$19.5M	Capital H Management	12.20%	Increasing
Alchemy Resources	ALY	$6.6M	Stephen Nordstrom	5.09%	Becoming
Enero Group	EGG	$158.4M	Wilson Asset Managment	8.78%	Increasing
Rafaella Resources	RFR	$5.0M	Ulex Recursos	6.21%	Becoming
Mariner Corporaration	MCX	$893.0K	Panshan Capital	71.41%	Becoming
Pacific Smiles Group	PSQ	$257.6M	QVG Capital	5.08%	Becoming
Tikforce			Stuart Usher	18.82%	Becoming

Sellers

Nearly two years after Rhythm Biosciences (ASX:RHY) listed, 38 per cent of its capital is due to come out of escrow.

Formerly its largest holder, Merchant once held as much as 8 per cent of this company. But it has been gradually selling and has fallen below 5 per cent.

Australian Ethical Investment reduced its stake in Prescient Therapeutics (ASX:PTX), while Regal Funds Management did likewise with Wellness and Beauty Solutions (ASX:WNB).

Company	Code	Market Cap	Holder	Current Stake	Status
MMA Offshore	MMA	$162.0M	Tribeca Investment Partners	4.32%	Ceasing
Wellness and Beauty Solutions	WNB	$4.0M	Regal Funds Management	12.39%	Decreasing
1414 Degrees	14D	$28.5M	Harold Tomblin	5.26%	Decreasing
Ennox Group	EXO	Suspended	MMRW Holding	8.96%	Decresing
Prescient Therapeutics	PTX	$34.7M	Australian Ethical Investment	9.47%	Decreasing
Salmat	SLM	$136.8M	Allan Gray	14.75%	Decreasing
Benetic Biopharma	BLT	$14.4M	Sabby Management	5.62%	Decreasing
Rhythm Biosciences	RHY	$14.6M	Merchant	4.90%	Ceasing
Salmat	SLM	$135.8M	Allan Gray	13.45%	Decreasing
Enero Group	EGG	$158.4M	Forager Funds Management	6.33%	Decreasing
Atomos	AMS	$275.4M	Ellerston Capital	7.41%	Decreasing
Pacific Smiles Group	PSQ	$257.6M	Alexander Abrahams	20.87%	Decreasing