If you to know where fund managers and famous investors such as Eric Sprott and Alex Waislitz are putting their money, we’ve been keeping track of substantial holder buys (and sells).
Trading Places is Stockhead’s recap of the substantial holder movements among ASX small caps over the last fortnight.
Substantial shareholders are those holding 5 per cent or more of a company’s shares — 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, as well as any change in their holdings while they remain above 5 per cent.
Substantial holder buys
Company | Code | Market Cap | Holder | Stake | Status |
---|---|---|---|---|---|
WPP | WPP | $588.0M | Perennial Value Management | 6.14% | Increasing |
Big River Gold | BRV | $82.9M | Copulos Group | 33.60% | Increasing |
Macarthur Minerals | MIO | $70.5M | Copulos Group | 5.35% | Becoming |
Buderim Group | BUG | $20.5M | George Vasili | 14.86% | Increasing |
Scout Security | SCT | $16.2M | EGP Capital | 5.06% | Becoming |
Asaleo Care | AHY | $708.9M | Spheria Asset Management | 8.17% | Increasing |
Cyprium Metals | CYM | $19.7M | Ilwella | 6.40% | Increasing |
Calidus Resources | CAI | $135.2M | Elanwi Trust | 5.12% | Increasing |
Riedel Resources | RIE | $18.5M | Flagstaff Minerals | 7.13% | Becoming |
Zeotech | ZEO | $65.8M | LL&P | 7.73% | Increasing |
Autosports Group | ASG | $291.5M | Celeste Funds Management | 5.49% | Becoming |
Pilbara Minerals | PLS | $1.9B | AustralianSuper | 7.29% | Becoming |
Whispir | WSP | $349.3M | Pie Funds Management | 5.26% | Becoming |
NTM Gold | NTM | $89.0M | Regal Funds Management | 13.50% | Increasing |
BSA | BSA | $143.0M | Naos Asset Management | 29.26% | Increasing |
Genworth Mortgage Insurance | GMA | $924.0M | Australian Ethical Investment | 5.02% | Becoming |
Bravura Solutions | BVS | $840.4M | Connor, Clark & Lunn Financial | 6.15% | Increasing |
Black Dragon Gold | BDG | $11.8M | Delphi | 8.76% | Increasing |
Alto Metals | AME | $38.2M | Windsong Valley | 18.42% | Increasing |
LawFinance | LAW | $32.8M | EGP Capital | 11.07% | Increasing |
Saturn Metals | STN | $70.5M | Sprott | 8.50% | Increasing |
Dacian Gold | DCN | $211.5M | Sun Valley Gold | 6.22% | Increasing |
Altech Chemicals | ATC | $45.3M | Delphi | 19.50% | Increasing |
CFOAM | CFO | $11.9M | Nicholas Mynott | 5.34% | Becoming |
Hydrix | HYD | $41.5M | Perennial Value Management | 8.79% | Becoming |
Syrah Resources | SYR | $424.6M | Paradice Investment Management | 7.91% | Increasing |
Vintage Energy | VEN | $37.4M | Regal Funds Management | 13.88% | Increasing |
BPH Energy | BPH | $19.2M | JGM Property Investments | 6.31% | Increasing |
Horizon Minerals | HRZ | $56.8M | Delphi | 7.43% | Increasing |
Oneview Healthcare | ONE | $17.7M | James Vicars | 25.76% | Increasing |
Altech Chemicals | ATC | $45.3M | Melewar Equities | 11.03% | Increasing |
Kleos Space | KSS | $83.0M | Winance | 5.48% | Becoming |
Angel Seafoods | AS1 | $20.5M | Thorney Opportunities | 13.08% | Increasing |
Cooper Energy | CE | $595.3M | L1 Capital | 10.68% | Increasing |
DGO Gold | DGO | $203.2M | Cairnglen Investments | 9.74% | Increasing |
Cradle Resources | CXX | $12.0M | Harvest Lane Asset Management | 9.94% | Increasing |
EML Payments | EML | $1.5B | Retail Employees Super | 5.08% | Becoming |
Desert Metals | DM1 | $31.6M | Brian Rodan | 19.85% | Increasing |
Fremont Petroleum | FPL | $14.0M | Regal Funds Management | 15.65% | Increasing |
Uniti | UWL | $1.1B | QVG Group | 6.22% | Increasing |
MMA Offshore | MMR | $2.7M | Perennial Value Management | 8.33% | Increasing |
Aerometrex | AMX | $107.6M | Perennial Value Management | 8.73% | Increasing |
Cardinal Resources | CDV | $598.1M | Shandong | 43.39% | Increasing |
Argo Exploration | AXT | $2.7M | Kathryn Van Der Zwan | 10.25% | Increasing |
Energy Technologies | EGY | $14.7M | Anthony Smith | 7.69% | Increasing |
Capral | CAA | $101.0M | Castle Point Funds Management | 5.33% | Becoming |
Ovato | OVT | $11.0M | Are Media | 22.90% | Becoming |
Lithium Power International | LPI | $59.7M | Regal Funds Management | 12.25% | Increasing |
Azure Minerals | AZS | $153.1M | Delphi | 18.26% | Increasing |
Acrux | ACR | $37.0M | BioScience Managers | 15.09% | Becoming |
Cynata Therapeutics | CYP | $95.5M | BioScience Managers | 10.33% | Becoming |
Shriro Holdings | SHM | $80.8M | Spheria Asset Management | 5.70% | Becoming |
Several buys were made by fund managers and investors amidst ASX gold stocks. The most noteworthy was Sprott Group topping up its holdings in Saturn Metals (ASX:STN) to 8.5 per cent.
Brian Rodan now owns nearly 20 per cent of Desert Metals (ASX:DM1) which only listed this month but is one of the top IPOs of 2020, having more than tripled.
The Copulos Group bought more of Brazilian focused explorer Big River Gold (ASX:BRV) while hedge fund Sun Valley bought more of troubled producer Dacian Gold (ASX:DCN).
Looking to other sectors, Perennial topped up its holdings in MMA Offshore (ASX:MMR) and Aerometrex (ASX:AMX) and became a substantial holder of Hydrix (ASX:HYD).
The most notable buy of Alex Waislitz’s private investment vehicle, Thorney Opportunities, was in Angel Seafood (ASX:AS1) and it now owns over 13 per cent.
QVG Group topped up its holdings in high flying telco Uniti (ASX:UWL) to over 6 per cent.
Substantial holder sales
Company | Code | Market Cap | Holder | Current Stake | Status |
---|---|---|---|---|---|
MACA | MCA | $332.3M | Schroder Investment Management | 7.35% | Decreasing |
Parkd | PKD | $3.2M | David Thomas | 12.57% | Decreasing |
Metals X | MLX | $113.4M | Argyle St Management | 10.06% | Decreasing |
Allegience Coal | AHQ | $42.4M | Altius Resources | 5.36% | Decreasing |
Six Sigma Metals | SI6 | $39.2M | Vermar CAPH | 5% | Decreasing |
Lovisa Holdings | LOV | $1.2B | L1 Capital | Ceasing | |
Nitro Software | NTO | $605.3M | Regal Funds Management | 8.03% | Decreasing |
Angel Seafood | AS1 | $22.4M | Bonafide Wealth Management | 12.99% | Decreasing |
Cradle Resources | CXX | $12.0M | Tremont Investments | Ceasing | |
City Chic Collective | CCX | $909.6M | Pendal | Ceasing | |
Alpha HPA | A4N | $218.1M | Regal Funds Management | 10.09% | Decreasing |
Atrum Coal | ATU | $165.5M | Regal Funds Management | Ceasing | |
Spirit Technologies | ST1 | $213.2M | Regal Funds Management | 9.84% | Decreasing |
Sales by Regal Funds Management included its stakes in Atrum Coal (ASX:ATU) and Spirit Technologies (ASX:ST1).
Pendal Group dropped its stake in City Chic Collective (ASX:CCX) below the 5 per cent threshold.