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.
|Impedimed||IPD||$66.4M||Australian Ethical Investment||5.43%||Becoming|
|NZME||NZM||$72.7M||Forager Funds Management||7.68%||Increasing|
|Elsight||ELS||$40.0M||Li Kwok Po David||11.40%||Increasing|
|NTM Gold||NTM||$48.3M||Empire Resources||11.82%||Increasing|
|Middle Island Resources||MDI||$7.1M||Copulos Group||9.03%||Increasing|
|Sienna Cancer Diagnostics||SDX||$15.4M||Merchant Funds Management||16.06%||Increasing|
|Myanmar Metals||MYL||$84.9M||Yandal Investments||11.48%||Increasing|
|Hills||HIL||$97.4M||Wilson Asset Management||5.03%||Becoming|
|Wolf Minerals||WLF||Suspended||Skybird Group||10.60%||Becoming|
|FAR||FAR||$268.3M||Meridian Capital International Fund||19.21%||Increasing|
|Sienna Cancer Diagnostics||SDX||$15.4M||JEffrey Emmanuel||8.49%||Increasing|
|Experience Co||EXP||$113.9M||Naos Asset Management||10.34%||Increasing|
|Rent.com.au||RNT||$13.1M||SG Hiscock and Company||8.59%||Increasing|
|Peel Mining||PEX||$56.1M||William Hodgson||7.50%||Increasing|
|Amplia Therapeutics||ATX||$5.3M||Platinum Investment Maangement||8.60%||Becoming|
|Capral||CAA||$58.1M||Spheria Asset Management||5.04%||Becoming|
|Genetic Signatures||GSS||$142.3M||Perennial Value Managment||8.37%||Increasing|
This week a couple of well known mining investors caught Stockhead’s eye – one being Mark Creasy. His investment vehicle, Yandal Investments owns over $190 million in ASX mining stocks according to Bloomberg.
One of these is base metals explorer Myanmar Metals (ASX:MYL). Last week, Creasy bought another $7 million in shares and now owns 11.48 per cent of the company.
This company makes medical devices which can track and measure fluids in the body.
Another med tech firm (albeit a distributor), Hills (ASX:HIL) also welcomed a new substantial holder in Wilson Asset Management, which accrued 5.03 per cent of the company’s shares.
Saudi Arabian conglomerate Mithaq Capital bought more of goat-milk infant formula stock Nuchev (ASX:NUC) and now owns 13.7 per cent.
Merchant Funds Management took up a $1 million in Sienna Cancer Diagnostics (ASX:SDX) and now holds over 16 per cent.
|Company||Code||Market Cap||Holder||Current Stake||Status|
|Technology One||TNE||$2.8B||Pinnacle Investment Management||8.03%||Decreasing|
|Bigtincan||BTH||$271.4M||Australian Ethical Investment||9.69%||Decreasing|
|Silver Lake Resources||SLR||$1.4B||Ruffer||7.36%||Decreasing|
There were few sellers this week.
One notable decrease was Australian Ethical Investment selling down its stake in Bigtincan (ASX:BTH). Its stake is only 9.7 per cent.
This company, which makes sales development software, released its quarterly report last week and the results impressed investors.