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.

 

Buyers

Company Code Market Cap Holder Stake Status
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
PS&C PSZ $11.6M Paul Fielding 6.77% Becoming
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
Peet PPC $645.2M L1 Capital 10.43% Increasing
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
Nuchev NUC $157.1M Mithaq Capital 13.70% 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
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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.

Another well known investor is Stephen Copulos who took his stake in gold explorer Middle Island Resources (ASX:MDI) to 9 per cent.

Middle Island has just begun a 17,400m drilling campaign to extend or assess 17 open pit gold targets at its WA project.

Institutional fund managers made some trades as well. Australian Ethical Investment (ASX:AEF) became substantial holders in ImpediMed (ASX:IPD)  – taking a 5.43 per cent stake.

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.

 

Sellers

Company Code Market Cap Holder Current Stake Status
Virtus Health VRT $348.1M Challenger 0% Ceasing
Xref XRF $33.2M Fidelity 7.14% Decreasing
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
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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.

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