If you to know where fund managers and famous investors are putting their money, 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.

 

Substantial holder buys

Company Code Market Cap Holder Stake Status
Tanga Resources TRL $6.8M Capital Di 13.03% Increasing
Carnavale Resources CAV $36.7M Vienna Holdings 5.92% Increasing
Eclipx Group ECX $556.2M Yarra Funds Management 12.62% Increasing
Select Harvests SHV $635.9M Yarra Funds Management 6.69% Increasing
Brookside Energy BRK $7.7M Oklahoma Energy Consultants 5.04% Becoming
Bionomics BNO $91.4M BVF Partners 16.98% Increasing
Cooper Energy COE $577.5M L1 Capital 8.62% Increasing
Carnarvon Petroleum CVN $359.8M Russell Delroy 8.79% Becoming
Aruma Resources AAJ $11.1M Copulos Group 15.79% Increasing
Corporate Travel Management CTD $1.9B Pherous Holdings 16.63% Increasing
iCandy ICI $27.8M Animoca Brands 9.93% Increasing
Xanadu Mines XAM $45.9M Copper Plate Success 20.62% Increasing
Cape Lambert Resources CFE $14.6M Jason Peterson 5.65% Becoming
BSA BSA $129.9M Naos Asset Management 26.88% Increasing
Golden Deeps GED $8.6M Daniel Raihani 5.89% Becoming
FYI Resources FYI $50.9M Regal Funds Management 11.24% Increasing
Village Roadshow VRL $423.8M Spheria Asset Management 6.20% Becoming
RXP Services RXP $64.1M Ross Fielding 5.37% Increasing
Environmental Clean Technologies ECT $2.4M LJ & K Thomson 18.68% Increasing
Firefly Resources FFR $57.0M Tolga Kumova 6.55% Increasing
Norwest Minerals NWE $18.9M Ching Hong Loong 6.39% Increasing
Kazia Therapeutics KZA $92.1M Quest Asset Partners 6.27% Becoming
Simble Solutions SIS $7.7M Daniel Tillett 8.97% Increasing
Webcentral Group WCG $19.5M 5G Networks 34.95% Increasing
BCI Minerals BCI $143.6M Australian Capital Equity 39.57% Increasing
Ardea Resources ARL $65.7M Ian Buchhorn 10.05% Increasing
Carawine Resources CWX $25.5M Ilwella 5.84% Becoming
Peako PKO $6.1M Albers Group 45.60% Increasing
BMG Resources BMG $24.0M John Dawson 12.23% Becoming
BMG Resources BMG $24.0M John Prineas 18.26% Becoming
Prominence Energy PRM $2.8M GTT Global Opprtunities 11.05% Increasing
Siren Gold SRN $17.0M Perennial Value Management 5.31% Becoming
GTN GTN $73.2M Perennial Value Management 14.34% Increasing
Onevue Holdings OVH $92.4M Thorney Technologies 19.27% Increasing
Gascoyne Resources GCY $195.6M NWR Holdings 14.72% Increasing
Prophecy International PRO $40.7M Topline Capital Partners 7.01% Increasing
Northern Minerals NTU $150.8M Vastness Investment Group 8.45% Increasing
GTN GTN $80.7M Spheria Asset Management 11.14% Increasing
Australian Finance Group AFG $609.2M Milford Asset Management 5.13% Becoming
Metalsearch MSE $20.7M Davanna 6.09% Increasing
Thomson Resources TMZ $15.0M Syndicate Minerals 6.94% Becoming
Coventry Group CYG $73.8M Castle Point Funds Management 6.90% Increasing
Wingara WNR $23.9M Naos Asset Management 26.45% Increasing
DomaCom DCL $21.4M Brown River Super Fund 6.20% Becoming
QuickFee QFE $118.3M Thorney Technologies 10.20% Increasing
Service Stream SSM $901.5M Fidelity 6.49% Increasing
Pacific Current Group PAC $316.2M Fidelity 8.52% Increasing
Benjamin Hornigold BHD $5.9M Dawney & Co 7.10% Increasing
Northern Minerals NTU $155.3M Yongquan He 5.64% Becoming
Integrated Payment Technologies IP1 $21.8M Andrew Blair 5.23% Becoming
Evolve Education EVO $101.7M Wilson Asset Management 7.80% Increasing
Norwest Minerals NWM $13.1M Merit Grace Global 6.36% Increasing
GTN GTN $81.8M Viburnum Funds 25.46% Increasing
Diatreme Resources DRX $27.8M Ilwella 19.00% Increasing
Frontier Digital Ventures FDV $459.2M Catcha Group 26.90% Increasing
MNF Group MNF $413.9M Cathedrine Salisbury 5.13% Becoming
FlexiGroup FXL $544.8M Renaissance Smaller Companies 5.90% Increasing

The most notable of substantial holder buys this fortnight came from Melbourne-based resources investor Tolga Kumova.

He upped his stake in Firefly Resources (ASX:FFR) to 6.55 per cent. He bought 6.6 million shares at 15 cents a pop – worth $990,000 – in the WA gold explorer’s recent capital raising. Kumova’s buy came only two months after he first bought into Firefly.

While there’s no shortage of gold success stories in 2020, few reported higher grades than Firefly’s ‘bonanza’ hit of 1,439.55 grams per tonne last month.

The company said the $6m deal would help it step up exploration activities and define a JORC resource by years’ end.

Another notable substantial holder buy was Daniel Tillett – yes, the same one from Race Oncology (ASX:RAC) – upping his stake in tech micro-cap Simble Solutions (ASX:SIS) to nearly 9 per cent.

Among substantial holder buys by fund managers was Renaissance Smaller Companies taking its stake in FlexiGroup (ASX:FXL) to 5.9 per cent.

This company hasn’t seen the boom its peers had because it was hit by a bad debt spike as COVID-19 hit. But it is striving to turn things around, seeking to change its name to Humm (its BNPL product) and enter New Zealand.

Alex Waislitz’s Thorney Technologies now owns 10.2 per cent of QuickFee (ASX:QFE) while Geoff Wilson’s Wilson Asset Management has 7.8 per cent of childcare operator Evolve Education (ASX:EVO).

One of the larger stocks to see a new substantial holder buyer is Australian Finance Group (ASX:AFG). Milford Asset Management has accumulated a 5.13 per cent stake in the mortgage aggregator.

 

Sales

Company Code Market Cap Holder Current Stake Status
Adairs ADH $593.5M Wilson Asset Management <5% Ceasing
Jaxsta JXT $24.2M industry Super Holdings <5% Ceasing
Consolidated Financial Holdings CWL $2.2M Andrea West 8.48% Decreasing
Millenium Services Group MIL $16.1M Steven Lidbury <5% Ceasing
Damstra Holdings DTC $311.1M Regal Funds Management 6.35% Decreasing
Andromeda Metals ADN $274.4M Robert Connolly 6.15% Decreasing
Creso Pharma CPH $12.8M L1 Capital 10.45% Decreasing
Cann Group CAN $102.6M Aurora Cannabis 0% Ceasing
Bigtincan BTH $495.7M Australian Ethical 7.53% Decreasing
Creso Pharma CPH $12.8M Amber Schwarz Fam <5% Ceasing
Acrow Formwork & Construction Services ACF $78.9M Perennial Value Management 10.07% Decreasing
Aurelia Metals AMI $458.8M Perennial Value Management <5% Ceasing
OFX OFX $286.5M Renaissance Smaller Companies 10.05% Decreasing
Thorn Group TGA $54.8M Investors Mutual <5% Ceasing
Consolidated Financial Holdings CWL $2.2M DMX Asset Management <5% Ceasing
FYI Resources FYI $53.7M Regal Funds Management 10.22% Decreasing
Whispir WSP $454.6M Regal Funds Management <5% Ceasing
Victory Offices VOL $16.8M Regal Funds Management 7.92% Decreasing
Nitro Software NTO $647.2M Regal Funds Management 10.62% Decreasing
PWR Holdings PWR $492.9M Perennial Value Management 6.10% Decreasing
Baby Bunting BBN $617.0M United Super <5% Ceasing
Accelerate Resources AX8 $15.0M Syracuse Capital <5% Ceasing
Horizon Minerals HRZ $65.3M Michael Ruane <5% Ceasing
Atomo Diagnostics AT1 $185.6M Walker Group Holdings 6.70% Decreasing
Opthea OPT $627.1M Regal Funds Management 8.15% Decreasing
Nitro Software NTO $662.4M Regal Funds Management 9.05% Decreasing
Antisense Therapeutics ANP $63.6M Australian Ethical <5% Ceasing
VitalHarvest Trust VTH $144.3M Australian Ethical <5% Ceasing

Australian Ethical Investment sold its holdings below 5 per cent in biotech Antisense Therapeutics (ASX:ANP) and agricultural trust Vitalharvest (ASX:VTH).

Regal Funds Management sales included COVID-19 winner Whispir (ASX:WSP) and biotech Opthea (ASX:OPT) as it eyes off a US listing.

Speaking of winners, retailers Baby Bunting (ASX:BBN) and Adairs (ASX:ADH) saw United Super and Wilson Asset Management respectively cease to be substantial holders – falling below 5 per cent ownership.