Here is Stockhead’s weekly recap of substantial holder transactions among ASX small caps from gold miners to travel agencies.

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

One of Canadian billionaire investor Eric Sprott’s holdings is uranium explorer Deep Yellow (ASX:DYL). Now Sprott owns 12.22 per cent of the company.

The company recently reported positive drilling results from its Tumas 1 East project in Namibia and is working to deliver a resource.

Read: Uranium stocks guide: Here’s all you need to know

Billionaire Alex Waislitz’s Tiga Trading became substantial holders of Quickfee (ASX:QFE), buying a 5.54 per cent stake. Quickfee shares shot up soon after its IPO and have held their ground since.

Another buy of Waislitz was Southern Cross Electrical Engineering (ASX:SXE). He now owns 17.25 per cent. The engineering company’s annual results have lifted the company 20 per cent in the last fortnight.

IOOF’s sole buy this week was Ireland-based med-tech stock Oneview Healthcare (ASX:ONE). It took a 6.81 per cent stake.

Days after announcing it was interested, Northern Star Resources (ASX:NST) began buying into Echo Resources (ASX:EAR) and it now owns 21.58 per cent.

Regal Funds Management’s latest foray is into PR and marketing. It bought 7.25 per cent of Enero Group (ASX:EGG), which is the holding company for several PR agencies including Frank PR and Hotwire.

Perpetual became substantial holders in retailer Noni B (ASX:NBL), acquiring 5.46 per cent. It also increased its holdings in Redhill Education (ASX:RDH) and Nick Scali (ASX:NCK).

Also buying into Nick Scali was Airlie Funds Management, which took a 6.47 per cent stake at a cost of $11m.

Monaco headquartered private equity firm Crown Ocean Capital bought a 5.51 per cent in satellite stock Speedcast (ASX:SDA).

The company has seen sharp drops multiple times due to poor financial results which has left even globally renowned hedge fund managers out of pocket.

Spheria Asset Management increased its holdings in software stock GBST Holdings (ASX:GBT) and A2B Australia (ASX:A2B).

Company Code Market Cap Holder Stake Status
Oneview Healthcare ONE $42.0M IOOF 6.81% Becoming
MOQ MOQ $41.9M Ward Dearness Family Trust 8.77% Becoming
SpeedCast SDA $272.1M Crown Ocean Capital 5.51% Becoming
Rafaella Resources RFR $9.9M Transamine Holdings & Investments 7.61% Becoming
Indoor Skydive Australia IDZ $3.4M Beard Superannuation Fund 11.48% Increasing
Podium Minerals POD $5.4M Elizabeth Dodd 13.11% Becoming
Sealink Travel Group SLK $376.8M Sarto 5.27% Becoming
National Veterinary Care NVL $169.5M Grandeur Peak Advisors 6.21% Increasing
Avira Resources AVW $2.0M Great Southern Flour Mills 13.50% Increasing
Alliance Aviation Services AQX $12.3M Remco 5.27% Increasing
Nick Scali NCK $554.9M Perpetual 10.10% Increasing
Redhill Education RDH $69.0M Perpetual 11.01% Increasing
Nick Scali NCK $554.9M Airlie Funds Management 6.47% Becoming
Apollo Consolidated AOP $57.6M Capricorn Group 8.38% Increasing
Lustrum Minerals LRM Suspended Twentieth Century Motor Company 6.19% Becoming
A2B Australia A2B $179.4M Spheria Asset Management 16.18% Increasing
GBST Holdings GBT $260.1M Spheria Asset Management 19.48% Increasing
Echo Resources EAR $226.5M Northern Star Reosurces 21.58% Becoming
Fe FEL $6.4M Macarthur Minerals 5.40% Becoming
Blackham Resources BLK $48.0M Lind Asset Management 5.99% Becoming
Leaf Resources LER $8.2M Tribeca Investment Partners 14.62% Increasing
Noni B NBL $283.0M Perpetual 5.46% Becoming
Pacifico Minerals PMY $23.3M Villiers Queensland 12.07% Increasing
Aurorch Minerals AOU $11.8M Minotaur Resources Investments 13.95% Becoming
Bowen Coking Coal BCB $53.8M M Resources 8.21% Increasing
Deep Yellow DYL $68.9M Sprott 12.22% Increasing
ISelect ISU $133.8M Innovation Holdings Australia 25.67% Increasing
HRL Holdings HRL $54.3M AustralianSuper 6.58% Becoming
QuickFee QFE $70.3M Thorney Opportunities 5.54% Becoming
Yowie YOW $16.3M Trojan Retirement Fund 9.40% Increasing
Celcius Resources CLA $11.6M Andrew Palleson 12.62% Becoming
Southern Cross Electrical Engineering SXE $140.4M Thorney Opportunities 17.25% Increasing
Enero Group EGG $197.3M Regal Funds Management 7.25% Becoming
Rectifier Technologies RFT $79.4M Songwu Lu 6.58% Becoming
Regeneus RGS $19.9M Leo Lee 5.03% Becoming
Anson Resources ASN $19.8M Chia Tai Xingye International 19.58% Increasing

 

Sellers

While some investors use reporting season to buy into a stock they predict will derive earnings in the future, others will sell out.

Chinese investor, Kuka Investment Management, bought their stake in Nick Scali (ASX:NCK) directly from the Scali family last year. While other fund managers have stuck by this stock, Kuka has sold out of its holdings.

BlueChiip (ASX:BCT) is three times higher than the start of the year and Jencay Capital sold enough to drop it below the substantial holder level.

Also of note, Regal Funds Management sold out of insurance broker network AUB Group (ASX:AUB).

Paradice Investment Management decreased its stake in Capricorn Metals (ASX:CMM) to 6.93 per cent. Canadian asset manager Burgundy Asset Management cut its stake in GBST to 5.71 per cent.

Company Code Market Cap Holder Current Stake Status
Reverse Corp REF $1.1M Phoenix Portfolios 6.03% Decreasing
Coventry Group CYG $87.5M Spheria Asset Management 5.59% Decreasing
Simativa SVA $17.2M WF Asian Reconaissance Fund 4.34% Ceasing
GBST GBT $260.1M Burgundy Asset Management 5.71% Decreasing
Nick Scali NCK $554.9M Kuka Investment Management 0% Ceasing
Capricorn Metals CMM $656.1M Paradice Investment Management 6.93% Decreasing
People Infrastructure PPE $245.5M IOOF 7.62% Decreasing
Investigator Resources IVR $19.1M CITIC 5.93% Decreasing
Osprey Medical OSP $20.7M Kinetic Investment Partners 4.69% Ceasing
Stavely Minerals SVY $28.4M Christopher Cairns 5.40% Decreasing
BlueChiip BCT $87.0M Jencay Capital 4.99% Ceasing
Enero Group EGG $197.3M Forager Funds Management 8.82% Decreasing
AUB Group AUB $613.7M Regal Funds Management 0% Ceasing
Galena Mining G1A $135.2M Bloomgold Resources 17.64% Decreasing