Want to know which stocks the fund managers have been putting their money in (and out) of? We’ve been keeping track so you don’t have to.

Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last fortnight.

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
Terragen Holdings TER $78.0M Scobie Dickinson Ward 7.71% Increasing
Ridley Corporation RID $224.1M Massachusetts Financial Services 7.05% Increasing
Immutep IMU $128.4M Australian Ethical Investment 6.56% Becoming
Stemcell SCU $6.4M Jimmy Thomas 6.55% Increasing
High Peak Royalties HPR $13.0M Noontide Investments 28.20% Increasing
Assetowl AO1 $3.0M NcKH 5.69% Increasing
Nusantara Resources NUS $53.7M PT Indika Energy 23.20% Increasing
Assetowl AO1 $3.0M Simon Tesvisan 12.80% Increasing
United Malt Group UMG $1.0B Ethical Partners Funds Management 6.74% Increasing
Monash IVF MVF $198.3M Vinva Investment Management 5.53% Becoming
Knosys KNO $10.1M Bombora Investment Management 9.00% Increasing
MetalsX MLX $77.1M Old Peak Group 6.03% Becoming
ArchTIS AR9 $9.2M Merchant Funds Management 16.24% Increasing
Nickel Mines NIC $982.6M PT Karunia Bara Perkasa 11.30% Increasing
Family Zone Cyber Safety FZO $41.3M Regal Funds Management 5.45% Becoming
Monash IVF MVF $194.7M Challenger 5.74% Becoming
Propel Funeral Partners PFP $303.1M Viburmum Funds 7.74% Increasing
Monash IVF MVF $194.7M Allan Gray 12.84% Increasing
Alligator Energy AGE $5.7M Tolga Kumova 5.25% Becoming
Austchina Holdings AUH $3.1M Treasure Wheel Global 55.50% Increasing
G8 Education GEM $769.8M Sumitomo Mitsui 9.57% Increasing
Citadel Group CGL $245.6M Pie Funds Management 5.25% Increasing
Thorn Group TGA $45.1M Somers 30.57% Increasing
Talon Petroleum TPD $1.8M Trojan Retirement Fund 8.80% Becoming
Eureka Group EGH $72.5M Naos Asset Management 19.88% Increasing
Mithril Resources MTH $5.9M Kenneth Baker 6.32% Becoming
Central Petroleum CTP $53.5M Troy Harry 6.46% Increasing
MCS Services MSG $3.0M Capital H Management 14.10% Increasing
Marley Spoon MMM $202.3M Perennial Value Management 7.88% Increasing
Anova Metals AWV $12.5M Au Xingao Investment 16.46% Becoming
Oncosil Medical OSL $74.5M Regal Funds Management 5.28% Becoming
Dacian Gold DCN $216.9M Franklin Resources 7.66% Increasing
Babylon Pump and Power BPP $14.2M Geoff Lord (Superannuation fund) 19.30% Increasing
Alto Metals AME $18.8M Goldsea Australia 11.37% Increasing
Family Insights Group FAM $3.2M Merchant Funds Management 10.86% Increasing
Cobre CBE $17.5M Bernard Aylward 5.25% Becoming
Cobre CBE $17.5M Resource Assets 7.87% Becoming
Marley Spoon MMM $204.0M Perennial Value Management 9.36% Increasing
Kula Gold KGD $2.1M Riverview Corporation - John Hannaford 8.00% Becoming
Kula Gold KGD $2.1M Bowman Gate 10.21% Becoming
Gullewa GUL $10.9M Anthony Howland-Rose 14.00% Increasing
Monash IVF MVF $205.5M Challenger 7.73% Increasing
Homestay Care HSC $8.4M Kyle Haynes and Nicole Gallin 5.17% Becoming
Powerwrap PWL $35.0M Praemium 14.36% Increasing
Dropsuite DSE $30.4M Topline Capital Partners 7.45% Increasing
MetalsX MLX $86.2M Argyle Street Management 14.20% Becoming
Identitii ID8 $7.4M Paradice Investment Management 5.17% Becoming
Frontier Resources FNT $4.9M Horley Pty Ltd - Robert Franio 11.20% Increasing
Citadel Group CGL $218.8M Perennial Value Management 7.84% Increasing
Micro-X MX1 $50.0M Perennial Value Management 5.23% Becoming
Aurelia Metals AMI $262.2M Vinva Investment Management 5.95% Becoming
Pure Minerals PM1 $8.8M Kwong Ho Richard Chan 5.09% Becoming
Micro-X MX1 $50.0M Thorney Technologies 7.36% Increasing
Frontier Resources FNT $5.4M Gab Superannuation Fund 5.80% Becoming
Shaver Shop SSG $77.1M Perpetual 13.37% Increasing
AVZ Minerals AVZ $166.8M Yibin Tianyi Lithium Industry 8.90% Becoming
Love Group LVE $1.7M Michael Ye 20.86% Increasing
Riversgold RGL $7.7M Tolga Kumova 5.29% Becoming
Electro Optic EOS $746.3M Ian Dennis - EOS Loan Plan 5.13% Becoming
Alt Resources ARS $29.2M Aurenne Ularring 11.06% Increasing
GTN GTN $90.4M Perennial Value Management 14.98% Increasing
Citadel Group CGL $229.8M Perennial Value Management 10.46% Increasing
Emeco Holdings EHL $396.2M Perennial Value Management 5.17% Becoming
QuickFee QFE $49.0M Derida 12.66% Increasing
Key Petroleum KEY $7.9M Great Scheme Investment 9.05% Becoming
Experience Co EXP $66.7M Naos Asset Management 17.13% Increasing
QuickFee QFE $49.0M Bruce Coombes 12.72% Increasing
Identitii ID8 $7.4M KTM Ventures Innovation Fund 7.51% Becoming

 

Yesterday gold junior Riversgold (ASX:RGL) announced a capital raising and its share price doubled. Participating in the capital raising was well-known mining investor Tolga Kumova, who now has a 5.29 per cent stake.

Kumova’s past investments include graphite play Syrah Resources (ASX:SYR), which he got into in 2010. He served as the company’s managing director between 2014 and 2016, taking it from a penny stock to an ASX200 listee.

But since his departure from Syrah, shares have fallen a long way from the heady peak of over $6 a share in mid-2016. They were last trading at 31c.

Riversgold is a similar size to what Syrah was back in 2010. It has projects in Western Australia, South Australia and Alaska and raised $1.5m in the deal that saw Kumova become a substantial holder.

Meanwhile, Hong Kong-founded hedge fund Argyle Street Management bought a 14.2 per cent stake in MetalsX (ASX:MLX). This company says it’s Australia’s largest tin producer but also owns copper, nickel and cobalt assets.

Naos Asset Management has topped up its stake in adventure tourism company Experience Co (ASX:EXP) to 17.13 per cent. It also bought more of property developer Eureka Group (ASX:EGH).

Perennial Value Management’s buys included shares in Marley Spoon (ASX:MMM) and x-ray maker Micro-X (ASX:MX1). The latter was also backed by Alex Waislitz’s Thorney Technologies.

Child internet safety stocks have also been popular in the past fortnight. Regal Funds Management now owns 5.45 per cent of Family Zone Cyber Safety (ASX:FZO), while Merchant Funds Management now owns 10.86 per cent of Family Insights Group (ASX:FAM).

 

Sellers

Company Code Market Cap Holder Current Stake Status
XRF Scientific XRF $25.1M Private Portfolio Managers 10.15% Decreasing
Family Insights Group FAM $2.0M Merchant Funds Management 8.03% Decreasing
Antisense Therapeutics ANP $23.5M Australian Ethical Investment 10% Decreasing
Thorn Group TGA $46.7M Investors Mutual 7.50% Decreasing
Superloop SLC $320.1M Renaissance Smaller Companies 4.72% Ceasing
Atomo Diagnostics AT1 $241.3M Walker Group 8.32% Decreasing
SelfWealth SWF $46.9M JM Financial Group 0.00% Ceasing
Emeco Holdings EHL $368.6M Perennial Value Management 5.17% Decreasing
Integral Diagnostics IDX $671.7M Yarra Funds Management 4.99% Ceasing
Avita Medical AVH $981.4M Karst Peak Capital 3.44% Ceasing
ImpediMed IPD $40.1M Allan Gray 11.23% Decreasing
MetalsX MLX $78.0M L1 Capital 11.53% Decreasing
PointsBet PBH $696.9M Regal Funds Management 4.99% Ceasing
The Reject Shop TRS $149.7M Grahger Securities 14.49% Decreasing
Paradigm Biopharmaceuticals PAR $586.6M Paul Rennie 8.68% Decreasing
Aura Energy AEE $98.4M Lind Partners 7.06% Decreasing
Hansen Technologies HSN $640.2M Fidelity 6.66% Decreasing
Prescient Therapeutics PTX $17.4M Australian Ethical Investment 8.20% Decreasing
Marley Spoon MMM $204.0M Pie Funds Management 5.65% Decreasing
Frontier Resources FNT $4.9M Chris Chong 8.41% Decreasing
Myer MYR $221.8M Investors Mutual 5.50% Decreasing
ARQ Group ARQ $10.5M Investors Mutual 5.81% Decreasing
Bigtincan BTH $233.4M Regal Funds Management 13.70% Decreasing
Kogan KGN $838.0M Challenger 6.43% Decreasing
Mastermyne MYE $67.5M Paradice Investment Management 4.99% Ceasing
IDentitii ID8 $7.4M Regal Funds Management 10.01% Decreasing
Citadel Group CGL $229.8M Pie Funds Management 3.60% Ceasing
Energy Action EAX $3.1M Microequities Asset Management 6.78% Decreasing
EML Payments EML $1.3B Challenger 6% Decreasing
Stanmore Coal SMR $250.1M M Resources & Matthew Latimore 14.37% Decreasing
Leipdico LPD $36.3M Galaxy Resources 6.37% Decreasing
Chalice Gold Mines CHN $322.9M Timothy Goyder 13.09% Decreasing
RPMGlobal Holdings RPM $12.2M Perennial Value Management 8.18% Decreasing
Alliance Aviation AQZ $341.6M Perennial Value Management 11% Decreasing
Droneshield DRO $27.8M Regal Funds Management 10.51% Decreasing
Oncosil Medical OSL $86.9M Regal Funds Management 4.83% Ceasing
Identitii ID8 $7.1M Martin Rogers 5.28% Decreasing

 

Avita Medical (ASX:AVH) is one of the best success stories on the ASX, growing from a microcap with an uncertain future to an ASX200 stock.

The burns treatment specialist is looking to delve into more medical markets and will formally redomicile itself to the US. One of its institutional investors, Karst Peak Capital, reduced its holdings to below 4 per cent having held nearly 20 per cent in late 2018.

Investors Mutual reduced its holdings in retailer Myer (ASX:MYR) and IT stock ARQ Group (ASX:ARQ), two companies that have been under financial pressure over the last several months.

Chalice Gold Mines (ASX:CHN) saw hot demand for its recent capital raising, setting the bar at $30m but getting over $75m in bids.

Director Timothy Goyder sold over $10m in shares to allow some of the institutions that missed out to come in, but he still owns over 13 per cent of the firm.