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
Straker Translations STG $121.5M Australian Ethical 5.77% Becoming
K-TIG KTG $52.4M Alium Alpha Fund 10.77% Increasing
AMA Group AMA $313.5M MA Financial 6.25% Increasing
Ecofibre EOF $276.2M Perennial 6.46% Becoming
Powerhouse Ventures PVL $7.9M Capital H Management 13.60% Increasing
Bowen Coking Coal BCB $206.2M Cape Coal 10.50% Increasing
Doriemus DOR $35.5M Inyati Fund 8.05% Increasing
JBHifi JBH $5.3M AustralianSuper 12.14% Increasing
Vonex VN8 $40.1M Regal Funds Management 9.92% Becoming
Cooper Energy COE $375.1M L1 Capital 14.03% Increasing
Chorus CNU $3.2B L1 Capital 9.96% Increasing
TNT Mines TIN $24.6M Anthony Barton 6.66% Increasing
The Environmental Group TEG $22.6M Capital H Management 5.80% Becoming
Coda Minerals COD $97.8M Sprott 6.79% Increasing
FYI Resources FYI $253.2M Perennial 5.01% Becoming
Top Shelf International TSI $77.2M Copia Investment Partners 7.17% Increasing
Mach7 Technologies M7T $249.7M Australian Ethical 10.31% Increasing
McPhersons MCP $138.9M Australian Ethical 6.03% Increasing
Fertoz FTZ $99.2M Stephens Group 9.60% Increasing
Bowen Coking Coal BCB $218.2M Nicholas Jorss 5.45% Increasing
Downer EDI DOW $4.5B Aware Super 5.01% Becoming
Global Data Centre GDC $133.2M Regal Funds Management 9.69% Becoming
Jayride JAY $37.9M Thorney Technologies 19.42% Increasing
Atlas Arteria ALX $6.4B Pinnacle 5.02% Becoming
iCar Asia ICQ $215.9M Collins St Asset Management 9.20% Increasing
Universal Store UNI $552.6M Wilson Asset Management 5.26% Becoming
Atomos AMS $387.8M Wilson Asset Management 5.08% Becoming
Integral Diagnostics IDX $902.5M Perennial 5.04% Becoming
Baby Bunting BBN $695.7M AustralianSuper 13.65% Increasing
McGrath MEA $85.9M Wilson Asset Management 6.12% Becoming
Atrum Coal ATU $23.6M Regal Funds Management 6.76% Becoming
Reckon RKN $118.4M Spheria Asset Management 9.09% Becoming
City Chic Collective CCX $1.5B Paradice Investment Management 5.12% Becoming
Santos STO $12.6B Challenger 5.15% Becoming
Powerhouse Ventures PVL $8.5M Capital H Management 18.26% Increasing
Selfwealth SFW $92.1M Anthony Woolley 5.10% Becoming
Bravura Solution BVS $784.1M Australian Ethical 6.06% Increasing
PointsBet PBH $2.5B Penn Interactive Ventures 6.27% Becoming
Imricor Medical Systems IMR $142.1M One Funds Management 5.05% Becoming
Karoon Energy KAR $731.8M L1 Capital 8.35% Increasing
Perenti PRN $638.4M L1 Capital 10.94% Increasing

The easing of COVID-19 restrictions in the northern hemisphere has given rise to trades described as “reopening trades”.

These allude to companies impacted by COVID-19 restrictions but expecting a surge in demand once restrictions are lifted and include airlines, tourism and retail among others.

Wilson Asset Management became a substantial holder of fashion retailer Universal Store (ASX:UNI) and camera add-on maker Atomos (ASX:AMS).

Paradice Investment Management bought into another fashion retailer City Chic Collective (ASX:CCX), making $32.2 million in share purchases since May.

Spheria Asset Management bought into accounting software company Reckon (ASX:RKN) taking a 9% stake for nearly $5.9 million.

Thorney Technologies’ reopening trades involved increasing its substantial holding in airport shuttle marketplace Jayride (ASX:JAY) while Collins St Asset Management bought more of online vehicle marketplace iCar Asia (ASX:ICQ)

AustralianSuper increased its holdings in retailers Baby Bunting (ASX:BBN) and JB Hi-Fi (ASX:JBH).

L1 Capital was one fund manager with a focus on energy and resources in recent days with its trades including Cooper Energy (ASX:COE), Karoon Energy (ASX:KAR) and Perenti (ASX:PRN).

 

Sellers

Company Code Market Cap Holder Current Stake Status
PSC Insurance Group PSI $1.4B Ethical Partners Funds Management <5% Ceasing
OFX OFX $408.8M HESTA <5% Ceasing
Tinybeans TNY $52.1M Stephen O'Young 8.20% Decreasing
MoneyMe MME $380.6M Perennial 9.19% Decreasing
RPMGlobal RUL $424.8M Perennial 5.41% Decreasing
Cogstate COG $244.5M Fidelity 5.76% Decreasing
Base Resources BSE $382.9M Fidelity 7.22% Decreasing
Austin Engineering ANG $130.5M Spheria Asset Management 9.43% Decreasing
Swick Mining SWK $67.7M Perennial 12.38% Decreasing
Empired EPD $212.4M Microequities 9.65% Decreasing
HiPages HPG $507.1M Australian Ethical <5% Ceasing
AML3D AL3 $17.4M Perennial <5% Decreasing
MSL Solutions MSL $68.1M Forager Funds Management 6.24% Decreasing
Mosaic Brands MOZ $57.5M Perpetual 12.07% Decreasing
Beston Global Food BFC $66.5M Wilson Asset Management 6.53% Decreasing
HRL Holdings HNG $56.9M Viburnum Funds 7.65% Decreasing
Hub24 HUB $2.0B ECP Asset Management 7.70% Decreasing
Adherium ADR $38.4M Regal Funds Management 7.37% Decreasing
Deterra Royalties DRR $2.1B Schroder <5% Ceasing
Fletcher Building FBU $6.0B Schroder <5% Ceasing
Ridley Corp RID $428.2M Schroder 7.43% Decreasing

Fidelity and Schroder made a number of sell-downs including CogState (ASX:CGS) and Base Resources (ASX:BSE) for Fidelity while Deterra Royalties (ASX:DRR) and Ridley (ASX:RID) were Schroder sales.

Perennial sell-downs included industrial welding company AML3D (ASX:AL3) and mining services company RPM Global (ASX:RPM)