Trading Places: Which recent gold listee welcomed a new substantial holder last week?

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
1st Group	1ST	$7.8M	John Plummer	22.41%	Increasing
Threat Protect	TPS	$16.6M	First Samuel	6.45%	Increasing
Technology Metals Australia	TMT	$54.9M	Resource Capital Fund	13.16%	Becoming
United Malt Group	UMG	$1.2B	Retail Employes Superannuation Trust	5.00%	Becoming
Deterra Royalties	DRR	$1.9B	Schroder	5.01%	Becoming
Dimerix	DXB	$86.6M	Merchant Funds Management	5.59%	Becoming
Jindalee Resources	JRL	$118.7M	Perennial	8.12%	Increasing
DGO Gold	DGO	$231.1M	Costa Asset Management	8.61%	Increasing
Kyckr	KYK	$24.7M	Richard White	18.36%	Increasing
Threat Protect	TPS	$16.6M	Regal Funds Management	6.10%	Becoming
DGO Gold	DGO	$242.6M	Regal Funds Management	12.09%	Increasing
Breville	BRG	$3.8B	Bennelong Funds Management	11.30%	Increasing
Broo	BEE	$17.2M	Yanhua Chen	7.56%	Becoming
Zuleika Gold	ZAG	$10.3M	Lei Gin	5.74%	Becoming
Locksley Resources	LKY	$9.8M	Jetosea - Charles Arve	5.80%	Becoming
Truscott Mining	TRM	$4.6M	Peter Smith	21.55%	Increasing
Vista Group	VTG	$130.0M	Spheria Asset Management	7.69%	Increasing
Eclipx Group	ECX	$785.9M	Vinva Investment Management	5.03%	Becoming
Urbanise	UBN	$77.8M	Naos Asset Management	12.29%	Increasing
Incannex	IHL	$402.6M	Sudhanshu	8.88%	Becoming
Red Hill Iron	RHI	$251.9M	Aigle Royal Superannuation	11.90%	Increasing
Omni Bridgeway	OBL	$900.9M	Retail Employes Superannuation Trust	6.49%	Becoming
Terracom	TER	$109.7M	Thorney Opportunities	6.12%	Becoming
Envirosuote	EVS	$197.0M	Perennial	13.06%	Increasing
Vicinity Group	VCX	$7.8B	UniSuper	8.10%	Increasing
Aeeris	AER	$10.8M	DMX Asset Management	7.13%	Increasing
Prophecy International	PRO	$57.0M	Microequities	5.03%	Becoming
Sandfire Resources	SFR	$1.9B	AustralianSuper	6.48%	Becoming
Credit Corp	CCP	$2.0B	AustralianSuper	7.55%	Increasing
Catapult Group	CAT	$415.2M	MA Financial	5.07%	Becoming
Experience Co	EXP	$249.1M	Challanger	5.04%	Becoming
Ridley Corporation	RIC	$432.3M	Wilson Asset Management	5.42%	Becoming
Swick Mining Services	SWK	$76.1M	Westoz Funds Management	5.00%	Becoming

2021 has not been as good a year for gold as 2020 was, even with several new listees.

One of them is Locksley Resources (ASX:LKY) which is a NSW focused exploration stock. Charles Arve, once a prominent derivatives trader but now a private investor, took a 5.8% stake through his private company Jetosea, spending over $600,000 since June.

Still with gold and DGO Gold (ASX:DGO) – an exploration stock focused on South Australia – saw Regal Funds Management and Costa Asset Management increase their respective stakes.

Westoz Funds Management became a substantial holder of mining services entity Swick (ASX:SWK) on the very same day it announced a merger with fellow listee DDH1 (ASX:DDH). Westoz already owned over 12 million shares but bought another 2 million to take its holding to the 5% threshold.

Microequities got into software company Prophecy International (ASX:PRO) a few days before it reported strong sales growth in FY22 so far, leading to a big spike in the share price. Microequities also owned this stock before becoming a substantial holder but topped up its holdings to cross 5%.

Super funds were major players in the last week with UniSuper increasing its stake in Vicinity Centres (ASX:VCX), Australian Super increasing its holdings in Sandfire Resources (ASX:SFR) and Credit Corp (ASX:CCP) while REST bought into litigation funder Omni Bridgeway (ASX:OBL).

Wilson Asset Management became a substantial holder of Ridley Corporation (ASX:RIC) and Challenger became a substantial holder of tourist asset operator Experience Co (ASX:EXP).

Sellers

Company	Code	Market Cap	Holder	Current Stake	Status
Empired	EPD	$215.0M	Microequities	6.28%	Decreasing
Mighty Kingdom	MKL	$14.5M	Regal Funds Management	7.59%	Decreasing
Cash Converters	CVV	$140.4M	Perpetual	5.16%	Decreasing
St Barbara	SBM	$1.0B	Schroder	5.60%	Decreasing
Intega Group	ITG	$366.9M	Richmond Hill Capital	<5%	Ceasing
MyDeal	MYD	$185.1M	Aavasan - Gandel family	15.31%	Decreasing
Santana Minerals	SMI	$22.8M	Regal Funds Management	5.48%	Decreasing
Beston Global Food	BFC	$75.3M	Wilson Asset Management	<5%	Ceasing
Sandfire Resources	SFR	$1.9B	Fidelity	<5%	Ceasing
DXN	DXN	$14.2M	SG Hiscock	6.23%	Decreasing
Experience Co	EXP	$249.1M	Forager Funds Management	<5%	Ceasing
Pacific Current Group	PAC	$386.3M	Fidelity	7.27%	Decreasing
Iluka Resources	ILU	$3.9B	Yarra Management	10.37%	Decreasing
People Infrastructure	PPE	$412.0M	Perennial	7.08%	Decreasing

The Gandel family reduced its holdings in ecommerce company MyDeal (ASX:MYD) now owning 15.31% of the company representing 39 million shares, down from 51 million at the time of IPO which was nearly 20%.

The sale came just under three weeks before 25.72 million of its shares are due for release from escrow.