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

Last week online market place Redbubble (ASX:RBL) nearly halved after a negative trading update. This followed a stellar run over the proceeding few months.

Perennial Value Management took the chance to buy in and accumulated a 5.17 per cent stake. It also increased its stake in enviro-tech stock De.Mem (ASX:DEM) and now owns a 14.93 per cent stake

Dean Fergie’s Cyan Investment Management became a substantial holder of ed-tech Schrole Group (ASX:SCL). Its signature product is an online recruitment platform focused on international schools.

Speaking of tech stocks, cloud software licensing firm Rhipe (ASX:RHP) saw Australian Ethical Investment take a 5.07 per cent stake.

Alex Waislitz’s Thorney Opportunities bought into Consolidated Operations Group (ASX:COG) and Wellness and Beauty Solutions (ASX:WNB) this week.

Merchant Funds Management increased its holdings in Family Insights Group (ASX:FAM) and Santana Minerals (ASX:SMI).

Company Code Market Cap Holder Stake Status
Golden Mile Resources G88 $2.8M Golden Venture Capital 8.40% Becoming
IVE Group IGL $345.3M Vinva Asset Management 5.05% Becoming
New Standard Energy NSE Suspended Xiangqian Zhang 7.50% Becoming
EVE Investments EVE $12.8M Alisdair Cooke 6.12% Increasing
Wellness and Beauty Solutions WNB $9.0M Thorney Opportunity 17.12% Increasing
Aspen Group APZ $115.6M Brahman Capital Management 19.95% Increasing
Estia Health EHE $647.5M United Super 5.01% Becoming
Great Northern Minerals GNM $4.2M Jetosea 8.88% Becoming
Anglo Australian Resources AAR $36.2M Braham Investments 14.53% Increasing
Consolidated Operations Group COG $133.7M Thorney Opportunity 5.32% Becoming
Santana Minerals SMI $8.1M Merchant Funds Management 6.21% Becoming
Citadel Group CGL $203.6M Microequities Asset Management 5.17% Becoming
Danakali DNK $186.4M AFC Equity Investments 16.63% Becoming
Magmatic Resources MAG $26.4M Bilingual 27.35% Increasing
Magmatic Resources MAG $26.4M David Berrie 9.04% Increasing
Bryah Resources BYH $4.2M Australian Vanadium 11.15% Increasing
Adavale Resources ADD $2.6M RAAR Capital Group 5.79% Becoming
Marmota MEU $18.6M Colin Rose 10.90% Increasing
Megaport MP1 $1.4B T Rowe Price Associates 5.07% Becoming
Terragen Holdings TGH $36.4M Sam Brougham 6.33% Becoming
Fenix Resources FEX $11.5M Gavin Argyle 5.00% Becoming
Schrole Group SCL $18.6M Cyan Investment Management 5.50% Becoming
Stealth Global Holdings SGI $9.5M EGP Capital 8.50% Becoming
CML Group CGR $102.3M Naos Asset Management 19.17% Increasing
Saunders International SND $32.5M Naos Asset Management 20.48% Increasing
8IP Emerging Companies 8EC $3.0M Dawney & Co 6.01% Becoming
De.Mem DEM $37.1M Perennial Value Management 14.93% Increasing
HomeStay Care HSC $8.9M Russell Acquisitions 5.41% Becoming
Genetic Signatures GSS $138.1M Fidelity 6.70% Becoming
Empire Resources ERL $6.2M Michael Ruane 31.14% Increasing
Dotz Nano DTZ $15.3M Southern Israel Bridging Fund 10.40% Becoming
Rhipe RHP $323.7M Australian Ethical Investment 5.07% Becoming
Medigard MGZ Suspended Donald Channer 28.64% Increasing
First AU FAU $2.7M Bryan Frost 9.77% Increasing
Family Insights Group FAM $4.0M Merchant Funds Management 9.85% Increasing
Pacific Smiles Group PSQ $250.8M TDM Growth Partners 23.03% Increasing
Redbubble RBL $258.9M Perennial Value Management 5.17% Becoming
Genetic Signatures GSS $138.1M Perennial Value Management 7.33% Becoming
Stealth Global Holdings SGI $9.5M Perennial Value Management 14.95% Increasing
Pursuit Minerals PUR $1.7M Jamber Investments 6.06% Increasing
Champion Iron CIA $1.2B William O'Keefe 9.89% Increasing
Royalco Resources RCO $12.4M Fitzroy River Corporation 48.16% Increasing
Key Petroleum KEY $8.4M ASF Oil and Gas Holdings 13.17% Increasing
Atomos AMS $263.3M Perennial Value Management 9.29% Increasing
Reverse Corp REF $464K Edwin Diaz 6.95% Becoming
Auris Minerals AUR $6.1M David Bailey 5.11% Becoming
Variscan Mines VAR $78K Slipstream Resources Investments 19.41% Becoming

 

Sellers

Botanix Pharmaceuticals (ASX:BOT) has not recovered since a poor clinical trial for its anti-acne skin cream. Gayle McGarry sold around $1.3m in the immediate aftermath and was diluted this week.

Perennial reduced its holdings in 3P Learning (ASX:3PL), while Hyperion Asset Management ceased to be substantial holders of Class (ASX:CL1).

Meanwhile, Regal Funds Management cut its stake in Wellness & Beauty Solutions (ASX:WNB) to 7.42 per cent.

Company Code Market Cap Holder Current Stake Status
Golden Mile Resources G88 $2.8M International Energy Equity 0% Ceasing
Capral CAA $55.7M Schroder Investment Management 4.67% Ceasing
Class CL1 $245.9M Hyperion Asset Management 4.97% Ceasing
Benetic Biopharma BLT $12.9M Emprey Asset Management 6.09% Decreasing
Threat PRotect Australia TPS $34.9M First Samuel 31.59% Decreasing
Tap Oil TAP $59.6M Northern Gulf Petroleum Holdings 24.53% Decreasing
Steath Global Holdings SGI $9.5M Capital Drilling 5.33% Decreasing
Prodigy Gold PRX $41.8M St Barbara 0% Ceasing
Botanix Pharmaceuticals BOT $89.5M Gayle McGarry 6.12% Decreasing
Variscan Mines VAR $77.9K Delphi 5.81% Decreasing
3P Learning 3PL $120.6M Perennial Value Management 4.24% Ceasing
Wellness & Beauty Solutions WNB $10.0M Regal Funds Management 7.42% Decreasing
Damstra Holdings DTC $136.1M Ellerston Capital 5.09% Decreasing