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
Kathmandu KMD $907.5M Accident Compensation Corporation 5.03% Becoming
Connexion Telematics CXZ $13.5M Vaighan Kent 5.25% Becoming
Canterbury Resources CBY $12.3M African Energy Resources 6.93% Becoming
Yojee YOJ $224.4M Thorney Opportunities 8.32% Increasing
Pacific Smiles Group PSQ $368.6M MA Financial 5.50% Becoming
Jindalee Resources JRL $193.3M Perennial 7.09% Increasing
4D Medical 4DX $312.3M Perennial 6.76% Increasing
MedAdvisor MDR $134.0M Perennial 14.92% Increasing
Atomos AMS $333.2M Regal Funds Management 8.33% Increasing
Aspen APZ $174.6M Resolution Capital 5.88% Becoming
Lynch Group LGL $463.9M Fidelity 9.99% Increasing
HRL Holdings HNG $41.2M AustralianSuper 10.90% Increasing
Nobleoak Life NOL $176.2M Magellan 5.03% Becoming
Smart Parking SPZ $84.4M Microequities 11.42% Increasing
The Reject Shop TRS $229.6M Bennelong Funds 15.54% Increasing
Aspen Group APZ $172.2M Cooper Investors 7.07% Increasing
Viva Energy VEA $3.3B Yarra Management 5.00% Becoming
Firefly Resources FFR $35.5M Delphi 6.41% Increasing
RPM Global RUL $439.8M Perennial 8.03% Increasing
29Metals 29M $1.2B AustralianSuper 8.01% Increasing
RPM Automotive RPM $44.3M Collins St Value Fund 6.25% Becoming
Kip McGrath KME $56.9M Regal Funds Management 10.20% Increasing
McMillan Shakespeare MMS $906.3M L1 Capital 5.93% Becoming
Brookside Energy BRK $103.2M Merchant Funds Management 6.65% Increasing
Baby Bunting BBN $690.5M AustralianSuper 12.57% Increasing
Silk Laser SLA $212.2M Wilson Asset MAnagement 9.56% Becoming

The most notable trade came from Wilson Asset Management which became a substantial holder of Silk Laser (ASX:SLA).

Wilson bought a 9.56% share of the laser clinic operator, crossing the line with $7 million in purchases on August 27, just two days after its annual results.

Also making similar post-earnings season buys from companies with brick and mortar outlets were AustralianSuper, buying more of Baby Bunting (ASX:BBN), and Regal, topping up its stake in Kip McGrath Education Centres (ASX:KME).

MA Financial Group just became a substantial holder of dental outlet Pacific Smiles (ASX:PSQ) with a 5.5% stake.

Magellan Financial Group became a substantial holder of recent listed insurer Nobleoak Life (ASX:NOL), taking a stake of just over 5% that cost more than $9 million to accumulate.

There were also a handful of trades in the resources sector as well. One was in lithium stock Jindalee Resources (ASX:JRL) which saw Perennial increase its stake to just over 7%.

And 29Metals (ASX:29M) convinced AustralianSuper to up its shareholding to 8%.

Among small cap resources stocks, Delphi bought more of Tolga Kumova-backed gold play Firefly (ASX:FFR).

 

Sellers

Company Code Market Cap Holder Current Stake Status
Santana Minerals SMI $12.6M Regal Funds Management 7% Decreasing
Costa Group CGC $1.5B ECP Asset Management <5% Ceasing
HRL Holdings HNG $41.2M Perennial 7.94% Decreasing
PWR Holdings PWH $825.5M Perpetual 5.10% Decreasing
AML3D AL3 $18.4M Perennial 8.20% Decreasing
Corporate Travel MAnagement CTM $326.5M Pherous Holdings 12.79% Decreasing
Janison JAN $195.4M Perennial 6.40% Decreasing
Dicker Data DDR $2.2B David Dicker 33.60% Decreasing

There were only a handful of sales in the past week and just one that resulted in a shareholder going below the 5% mark.

That trade was ECP Asset Management cutting its stake in Costa Group (ASX:CGC).

Another trade came from Dicker Data’s (ASX:DDR) CEO David Dicker who sold over $42 million in shares but this was just 1.6% of the company’s shares on issue. He still holds over 33% of the company.