Trading Places: The substantial holders that were buying and selling this week
Link copied to
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.
This week many of the fund managers familiar to this column were back from holidays.
The latter company has filtering technology which it applies at the end of typical treatment where the water is passed through a membrane. Only water molecules pass through.
While miners are its main client base, it has sought to expand into food.
Visioneering Technologies (ASX:VTI), one of the few small caps involved in eye care raised capital in recent months. Existing holders Regal Funds Management and Alex Waislitz’s Thorney Technologies both increased their holdings and own nearly 30 per cent between them.
Last year, Ian Gandel put enough money into one of his companies to take it private. This week he put more money into another one of his gold stocks, Alkane Resources (ASX:ALK). This company is focused on regional New South Wales – which is a prominent gold region.
Vinva Asset Management, typically an investor in large caps, took its holdings in marketing and communications firm IVE Group (ASX:IGL) to just over 6 per cent.
Arguably the most notable buy was Grahger Retail Securities’ buy into The Reject Shop (ASX:TRS) which triggered a rise in the discount retailers’ share price and earnt the company a speeding ticket from the ASX.
While the company denied it was withholding price-sensitive information, it had previously revealed signs that gave investors hope things were turning around after years of misfortune.
|Aura Energy||AEE||$10.0M||Asean Deep Value Fund||17.09%||Increasing|
|The Reject Shop||TRS||$111.6M||Grahger Retail Securities||8.13%||Increasing|
|Tempo Australia||TPP||$14.8M||Bontempo Nominees||12.34%||Increasing|
|Force Commodities||4CE||$6.7M||Jihad Malaeb||6.57%||Increasing|
|First Au||FAU||$3.0M||Bryan Frost||9.80%||Increasing|
|De.Mem||DEM||$43.8M||Perennial Value Management||14.22%||Increasing|
|MoneyMe||MME||$244.0M||Perennial Value Management||8.29%||Increasing|
|Monash IVF||MVF||$238.1M||Allan Gray||8.83%||Increasing|
|IntelliHR||IHR||$12.6M||Colinton Capital Partners||8.90%||Becoming|
|Oliver's Real Foods||OLI||$19.0M||Gelba||6.33%||Increasing|
|Visioneering Technologies||VTI||$21.9M||Thorney Technologies||15.17%||Increasing|
|Visioneering Technologies||VTI||$21.9M||Regal Funds Management||13.87%||Increasing|
|Cyclopharm||CYC||$99.4M||Anglo Australian Christian and Charitable Fund||16.89%||Increasing|
|Big River Gold||BRV||$25.0M||SG Hiscock and Company||5.62%||Becoming|
|CML Group||CGR||$117.5M||Moelis Australia||6.18%||Increasing|
|NTM Gold||NTM||$48.5M||DGO Gold||12.14%||Increasing|
|Dotz Nano||DTZ||$18.9M||Ariel Malik||6.53%||Becoming|
|IVE Group||IGL||$369.0M||Vinva Investment Management||6.36%||Increasing|
|Alkane Resources||ALK||$360.0M||Ian Gandel||23.45%||Increasing|
|Family Insights Group||FAM||$3.9M||Territory Trading Group||5.30%||Becoming|
|Praemium||PPS||$222.6M||Milford Asset Management||5.08%||Becoming|
|Adslot||ADJ||$63.5M||Peter & Diana Diamond||10.75%||Increasing|
Damstra Holdings (ASX:DTC) only listed in September but already Regal Funds Management is selling down. This stock, an API integration software provider, sits 7 per cent higher than when it listed — at 97c.
Right in time for Christmas, eye laser maker Ellex Medical Lasers (ASX:ELX) got a takeover offer for most of its assets from French-listed eyecare giant Lumibird. The company will still be listed on the ASX but will change its name.
Fund manager Investors Mutual reduced its stake in Ellex as well as building fixtures supplier GWA Group (ASX:GWA).
West Australian nickel and gold explorer Fraser Range Metals Group (ASX:FRN) saw a selldown from a private company called Croesus Mining.
While there once was an ASX small cap under this name, this company appears to be a private company of the Steinepreis family – which founded the locally headquartered law firm Steinepreis Paganin.
|Company||Code||Market Cap||Holder||Current Stake||Status|
|Fraser Range Metals Group||FRN||$6.7M||Croesus Mining||11.44%||Decreasing|
|Damtra Holdings||DTC||$135.4M||Regal Funds Management||7.60%||Decreasing|
|QMS Media||QMS||$418.9M||Ellerston Capital||6.20%||Decreasing|
|GWA Group||GWA||$913.3M||Investors Mutual||7.12%||Decreasing|
|Aura Energy||AEE||$10.0M||Lind Partners||6.06%||Decreasing|