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
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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
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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.

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