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
IDT Australia IDT $94.7M One Funds Management 11.67% Increasing
Benjamin Hornigold BHD $8.2M Glennon Capital 19.99% Increasing
Metallica Minerals MLM $23.9M Ilwella 19.99% Increasing
VRX Silica VRX $125.1M Delphi 6.08% Increasing
Healius HLS $3.0B Vinva Investment Management 5.07% Becoming
Nobleoak Life NOL $166.6M Ethical Partners Funds Management 5.67% Becoming
Allegience Coal AHQ $203.4M Regal Funds Management 6.25% Increasing
Betmakers BET $796.5M Paradice Investment Management 5.21% Becoming
Pureprofile PPL $31.7M Jencay Capital 8.39% Increasing
Sky Network Television SKT $288.2M Accident Compensation Corporation 9.39% Increasing
Sigma Healthcare SIG $641.0M Allan Gray 10.15% Increasing
BWX BWX $723.5M Regal Funds Management 5.04% Becoming
Duketon Mining DKM $42.3M Harman Family 18.49% Increasing
Strickland Metals STK $41.8M L11 Capital (Gascoyne Family) 6.15% Increasing
Metgasco MEL $20.2M Glennon Capital 7.11% Becoming
Cycliq Group CYQ $8.1M Jason Peterson 6.49% Becoming
NewPeak Metals NPM $13.6M Neil Stuart 6.95% Increasing
Urbanise UBN $77.3M Naos Asset Management 9.04% Increasing
Syntonic SYT Suspended Jason Peterson 5.88% Becoming
Patrys PAB $81.9M Mason Stevens 6.26% Increasing
PVW Resources PVW $11.8M Jason Peterson 6.85% Becoming
Capricorn Metals CMM $785.4M Clark Family Trust 5.99% Becoming
Nova Eye Medical EYE $45.6M Australian Ethical 19.20% Increasing
TerraCom TER $94.5M Javelin Global Commodities 8.53% Becoming
Emperor Energy EMP $5.4M Carl Dumbrell 5.41% Increasing
SRG Global SRG $250.6M Perennial 14.99% Increasing
Jindalee Resource JRL $144.2M Perennial 6.07% Increasing
Valmec VMX $49.7M Harvest Lane Asset Management 5.20% Becoming
Jayride JAY $31.3M Acorn Capital 8.76% Becoming
Prominence Energy PRM $10.2M David Neate 17.28% Increasing
Oventus Medical OVN $24.6M Thorney Opportunities 19.90% Increasing
Syrah Resources SYR $24.6M Paradice Investment Management 9.01% Increasing
Toro Energy TOE $52.1M Sentient 19.91% Increasing
Doctor Care Anywhere DOC $256.6M Perennial 11.75% Increasing
Micro-X MX1 $144.8M Perennial 13.50% Increasing
Pivotal Systems PVS $171.8M Viburnum Funds 16.42% Increasing
Mighty Craft MCL $88.7M Christopher Malcolm 5.17% Increasing
ArchTIS AR9 $86.3M Kurt Mueffelmann 7.62% Increasing
K2Fly K2F $33.9M Tribeca 6.68% Increasing
8Common 8CO $41.1M Microequities 9.73% Increasing
ServCorp SRV $309.8M Fidelity 9.57% Increasing
Immutep IMU $1.5B Fidelity 6.21% Becoming
Lumos Diagnostics LDX $186.9M Perennial 9.14% Increasing
Propell Holdings PHL $9.4M Adman Lanes 10.04% Increasing
Charger Metals CHR $9.0M Lind Partners 7.34% Becoming
Caspin Resources CPN $60.6M Tinci 7.55% Increasing
Firefly Resources FFR $35.3M Delphi 5.33% Increasing
Athena Resources AHN TBD Edmond Edwards 16.06% Increasing
Rural Funds RFF $918.7M Argo Investments 5.04% Becoming
Saferoads SRH $8.1M Cimteck Super 11.58% Increasing
Firstwave Cloud Technology FCT $49.4M Perennial 14.99% Increasing

One of the worst hit sectors is serviced offices generally as people shifted to working from home. But Fidelity recently tipped up its stake in one ASX-listed company, ServCorp (ASX:SRV), to 9.57%.

The company’s last financial update was at its half-yearly results in February. It said when the pandemic ends “flexible workspaces will be more important than ever”.

On the theme of returning to normality more generally, Saferoads (ASX:SRH), a company that makes road safety equipment also had a substantial shareholder top up its holdings – Cimteck Super now holds 11.58%.

And transport company Jayride (ASX:JAY) welcomed Acorn Capital as substantial shareholder taking an 8.76% stake for approximately $2.5 million.

Elsewhere on the bourse, Betmakers (ASX:BET) welcomed Paradice Investment Management which accumulated a stake of just over 5% (accumulated through $13 million of trades since March) by July 22 and then paid another $9 million to reach over 6.2%.

Perennial increased its holdings in a number of health stocks including Lumos Diagnostics (ASX:LDX), Doctor Care Anywhere (ASX:DOC) and Micro-X (ASX:MX1).

Notable resources trades included Paradice buying more of Syrah Resources (ASX:SYR) and Delphi upping its stake in Firefly Resources (ASX:FFR).

 

Sellers

Company Code Market Cap Holder Current Stake Status
Empired EPD $210.0M Australian Ethical 9% Decreasing
Kaiser Reef KAU $25.2M Regal Funds Management 7.29% Decreasing
Keytone Dairy KTD $37.0M Bergen Asset Management 13.13% Decreasing
Kogan KGN $1.1B Fidelity 6.98% Decreasing
Veem VEE $158.6M Perennial 11.78% Decreasing
Yandal Resources YRL $47.7M Michael Ruane <5% Ceasing
Temple & Webster TPW $1.5B Kinderhook 11.80% Decreasing
Lynas Rare Earths LYC $6.7B Ausbil 6.78% Decreasing
Schrole Group SCL $15.7M Capital H Management 8.90% Decreasing
Micro-X MX1 $140.2M Regal Funds Management 8.93% Decreasing
Mighty Kingdom MKL $13.0M Regal Funds Management 9.83% Decreasing
Hub24 HUB $1.7B Pinnacle 5.90% Decreasing
Kogan KGN $1.1B Fidelity <5% Ceasing
Austin Engineering ANG $95.7M Perennial 11.39% Decreasing
MoneyMe MME $401.2M Perennial 11.72% Decreasing
Elmore ELE $15.4M First Samuel 9.96% Decreasing
Audinate AD8 $758.2M Smallco 6.60% Decreasing
Empired EPD $209.2M Microequities 15.33% Decreasing

High-flying retailers Kogan (ASX:KGN) and Temple & Webster (ASX:TPW) saw sales by substantial shareholders Fidelity and Kinderhook respectively with the latter being a US investment fund.

Sales by Regal Funds Management included games developer Mighty Kingdom (ASX:MKL) and portable X-ray maker Micro-X (ASX:MX1).

Perennial meanwhile sold Austin Engineering (ASX:ANG) and Veem (ASX:VEE).