If you want to know which ASX stocks fund managers and famous investors are putting their money into 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.

 

Buyers

Company Code Market Cap Holder Stake Status
CV Check CV1 $49.7M Australian Ethical Investment 12.00% Increasing
Limeade LME $219.7M Perennial Value Management 13.70% Increasing
BTC Health BTC $18.2M Naos Asset Management 29.48% Increasing
Fineos FCL $1.4B Kayne Anderson Rudnick Investment 6.00% Becoming
Cryosite CTE $11.5M DMX Asset Management 5.91% Becoming
Emmerson Resources ERM $34.8M Noontide Investments 17.18% Increasing
McMillan Shakespeare MMS $881.4M Fidelity 9.18% Increasing
Alliance Aviation AQZ $664.4M Remco Properties 11.26% Increasing
Apiam Animal Health AHX $90.1M Petstock Investments 9.93% Becoming
IPH IPH $1.4B Kabouter Management 6.43% Increasing
Resource Mining Corporation RMI $6.5M Kabunga Family 6.82% Becoming
AuMake AUK $23.1M Illwella - Quentin Flannery 5.48% Becoming
MNF Group MNF $435.2M QVG Capital 5.05% Becoming
Collins Food CKF $1.3B Milford Asset Management 5.24% Becoming
AMA Group AMA $450.5M Mittleman Investment Management 6.16% Increasing
The Reject Shop TRS $235.8M Castle Point Funds Management 5.16% Becoming
MNF Group MNF $435.2M QVG Capital 6.23% Increasing
Oilex OEX $17.7M Republic Investment Management 9.72% Increasing
Carnavale Resources CAV $21.1M Phillip Coulson 7.07% Increasing
Shriro Holdings SHM $81.3M D2A Holdings 19.89% Becoming
Tassal TGR $697.4M Yarra Funds Management 5.12% Becoming
Zebit ZBT $130.9M Ulu Ventures 7.84% Increasing
Oliver's Real Foods OLI $18.3M Michael Gregg 17.16% Increasing
Eagle Mountain Mining EM2 $95.3M Silver Mountain Mining 31.18% Increasing
Amaysin AYS $242.8M Wilson Asset Management 66.83% Increasing
Duke Exploration DEX $20.2M Keiran Slee 9.16% Increasing
Viking Mines VKA $39.1M Vanguard Superannuation 10.82% Increasing

This week’s most notable move was made by Yarra Funds Management. It just surpassed 5 per cent ownership of Tasmanian salmon farmer Tassal (ASX:TGR) having accumulated $10.5 million in shares since last November.

Tassal has seen a volatile several months with solid sales in the domestic market but export markets were tough with supply chain and logistical issues. It still managed to make a profit of $27.6 million for the first half of FY21 – which was down from the prior corresponding period.

Speaking of new substantial shareholders, Los Angeles based Kayne Anderson Rudnick Investment has accumulated a 6 per cent stake in insurance software  giant Fineos (ASX:FCL) with a $16 million trade on March 10 taking it across the 5 per cent line.

And biological sample storer Cryosite (ASX:CTE) welcomed DMX Management, which has a 5.91 per cent stake having bought over $400,000 of stock in the last fortnight.

Exisiting substantial holders who bought more of their company were led by WiseTech (ASX:WTC) director Michael Gregg who bought another $1 million of Oliver’s Real Foods (ASX:OLI), taking his stake to 17 per cent.

Perennial Value Management upped its stake in employee wellness company Limeade (ASX:LME) to 13.7 per cent.

And Australian Ethical increased its holdings in resume verification software company CV Check (ASX:CV1) to 12 per cent.

 

Sellers

Company Code Market Cap Holder Current Stake Status
Alterity Therapeutics ATH $70.9M Regal Funds Management 6.57% Decreasing
EnviroSuite EVS $143.7M Perennial Value Management 8.89% Decreasing
Resapp RAP $59.6M Fidelity 8.44% Decreasing
Dusk Group DSK $182.4M Catalyst Buyout Fund 23.00% Decreasing
Dusk Group DSK $182.4M Blundy Family Trust 6.20% Decreasing
Story-I SRY $8.3M Harry Vui Khiun Lee 16.56% Decreasing
Apiam Animal Health AHX $90.1M Regal Funds Management 5.62% Decreasing
DigitalX DCC $58.8M Armistice Capital Master Fund 5.88% Decreasing
Credit Intelligence CI1 $46.5M Chuen Lan Chan <5% Ceasing
Alchemy Resources ALY $10.1M Stephen Nordstrom <5% Ceasing
Vital Metals VML $197.9M Phillip Coulson <5% Ceasing
Story-I SRY $9.0M Harry Vui Khiun Lee 9.06% Decreasing
MNF Group MNF $441.2M Andy Fund 13.54% Decreasing

Andy Fung, the boss of digital communications technology company MNF Group (ASX:MNF) cut his stake to 13 per cent to purchase property and pay a tax bill – a sale that netted nearly $11 million.

Fidelity reduced its stake in ResApp Health (ASX:RAP) to just over 8 per cent – a move that came only a few days after Resapp signed a licensing deal with AstraZeneca.