Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight.

Specifically, Stockhead tracks substantial shareholder movements, being shareholders 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.

 

Buyers

Company Code Market Cap Holder Stake Status
Virtus Health VRT $461.9M Wilson Asset Management 7.67% Increasing
Star Entertainment SGR $3.7B Cooper Investors 5.56% Becoming
Registry Direct RD1 $10.6M Roe Superannuation Fund 21.43% Increasing
Anteris Technologies ATR $49.0M L1 Capital 7.16% Becoming
XTek XTE $27.0M UDB - Uwe Boettcher 7.54% Increasing
Trigg Mining TMG $9.2M Michael Ralston 5.20% Becoming
Complii Fintech CF1 $12.1M Herbert Solomon 6.68% Becoming
XTek XTE $27.0M Finexia Securities 5.92% Becoming
Northern Minerals NTU $262.2M Africa Changcheng Mining 9.60% Increasing
Terracom TER $139.4M Thorney Opportunities 10.85% Increasing
Impedimed IPD $269.5M Paradice Investment Management 8.36% Increasing
Coda Minerals COD $80.9M Regal Funds Management 8.44% Increasing
Murray Cod MCA $212.0M AustralianSuper 10.67% Increasing
QBE QBE $17.9B AustralianSuper 7.37% Increasing
Hotel Property Investments HPI $679.9M Alceon Liquid Strategies 12.85% Increasing
Cluey CLU $133.6M Milford Asset Management 9.98% Increasing
Torian Resources TNR $24.7M Nova Minerals 10.67% Increasing
Vango Mining VAN $66.3M Shengqiang Zhou 7.63% Increasing
Bill Identity BID $49.1M Thorney Opportunities 8.96% Increasing
New Hope NHC $1.7B L1 Capital 7.79% Increasing
Dominos DMP $10.2B Fidelity 5.20% Becoming
Azure Minerals AZS $120.8M Mark Creasy 16.85% Increasing
Western Gold Resources WGR $11.3M Antelle Holdings - Tien Seng Law 18.79% Increasing
Marley Spoon MMM $247.2M Perennial 6.15% Becoming
Alumina AWC $5.4B Allan Gray 13.18% Increasing

Few ASX shares benefited more from COVID-19 restrictions than meal kit delivery company Marley Spoon (ASX:MMM).

The closure of sit down dining outlets led to consumers turning to delivery services such as Marley Spoon and its shares grew from 25 cents to $3.55 in little under six months.

But it has crashed back to earth in 2021 as vaccination rates enabled people to dine out once more and investors have once again been worrying about its profitability.

One of the ASX’s most notable fund managers evidently isn’t, becoming a substantial holder of the company with a 6.15% stake. It purchased approximately $4.6 million in shares last Friday.

Speaking of stocks under siege, casino operator Star Entertainment Group (ASX:SGR) is another in the spotlight, currently undergoing a review of its Sydney casino licence and facing threats it won’t be renewed.

But last week it welcomed Cooper Investors which bought a 5.56% stake.

Fidelity became a substantial holder in Domino’s (ASX:DMP) – another food company which dropped recently. In Domino’s’ case it has managed to weather the pandemic but warned shareholders to brace for energy price and food cost increases to hit the company.

AustralianSuper made two top-ups of its existing holdings – insurance company QBE (ASX:QBE) and Murray Cod Australia (ASX:MCA).

 

Sellers

Company Code Market Cap Holder Current Stake Status
Pacific Current Group PAC $401.7M Fidelity 5.28% Decreasing
Centrepoint Alliance CAF $40.3M AP Beard Super Fund 5.61% Decreasing
Nitro Software NTO $745.6M Australian Ethical <5% Ceasing
Seven West SWM $868.4M Spheria 7.71% Decreasing
Monadelphous MND $959.8M Pendal <5% Ceasing
Serko SKO $841.6M Fisher Funds Management 4.96% Ceasing
Zelira Therapeutics ZLD $851.3M Thorney <5% Ceasing
Universal Store UNI $595.1M Wilson Asset Management <5% Ceasing
Iluka Resources ILU $3.9B Yarra Management 7.89% Decreasing
Southern Cross Electrical Engineering SXE $177.8M Thorney 16.86% Decreasing

Wilson Asset Management ceased to be a substantial holder of casual fashion outlet Universal Store (ASX:UNI) – a company that has been listed for almost 12 months and has more than doubled since then.

Wilson has only been buying in since May and crossed the threshold in September, but that initial tranche of 5.26% grew in value by $2.2 million since then from $28.86 million to $30.97 million.

Spheria cut its stake in Seven West Media (ASX:SWM) despite Seven making a $131.9m bid for Prime Media (ASX:PRT).

And Australian Ethical ceased to be a substantial holder of Nitro Software (ASX:NTO).