Pic: Stevica Mrdja / EyeEm / EyeEm via Getty Images
News
Want to know which stocks fund managers have been buying? We’ve been keeping track so you don’t have to.
Trading Places is Stockhead’s recap of the substantial holder movements among ASX small caps over the last fortnight.
Substantial shareholders are those 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.
| Company | Code | Market Cap | Holder | Stake | Status |
|---|---|---|---|---|---|
| Yowie | YOW | $8.5M | Recruitment Investments | 5.15% | Becoming |
| Oklo Resources | OKU | $178.8M | Resolute Mining | 10.79% | Increasing |
| Strategic Energy Resources | SER | $11.2M | Datt Group | 11.49% | Becoming |
| Orion Minerals | ORN | $58.4M | Wyllie Group | 6.76% | Increasing |
| Orion Minerals | ORN | $58.4M | Delphi | 11.22% | Becoming |
| Pivotal Systems | PVS | $118.0M | Perennial Value Management | 12.47% | Increasing |
| Gage Roads Brewing | GRB | $62.2M | Perennial Value Management | 14.59% | Increasing |
| BNK Banking | BBC | $52.3M | Somers | 7.85% | Increasing |
| Great Western Exploration | GTE | $21.5M | Budworth Capital | 17.20% | Increasing |
| Great Western Exploration | GTE | $21.5M | Seascape Capital | 17.20% | Increasing |
| Archtis | AR9 | $75.0M | SG Hiscock | 7.81% | Increasing |
| RightCrowd | RCW | $47.8M | Australian Ethical Investment | 5.58% | Becoming |
| Aruma Resources | AAJ | $9.1M | Copulos Group | 8.73% | Becoming |
| Alt Resources | ARS | $32.6M | Harvest Lane Asset Management | 12.18% | Increasing |
| Strategic Energy Resources | SER | $11.2M | Anthony Rechner | 9.74% | Increasing |
| Identitii | ID8 | $11.2M | Kenneth Baker | 5.28% | Becoming |
| Race Oncology | RAC | $113.3M | Merchant Funds Management | 10.37% | Increasing |
| Middle Island Resources | MDI | $52.9M | Copulos Group | 6.86% | Becoming |
| E2 Metals | E2M | $22.3M | Martin Donohue | 5.42% | Becoming |
| Over the Wire | OTW | $216.9M | Naos Asset Management | 14.87% | Increasing |
| IODM | IOD | $95.1M | Anthony Smith | 6.44% | Increasing |
| Metal Bank | MBK | $9.1M | Stella Adriatica | 8.69% | Becoming |
| Elsight | ELS | $72.8M | JB Toro | 5.63% | Becoming |
| Reliance Worldwide | RWC | $2.2B | Paradice Investment Management | 6.99% | Increasing |
| Dreadnought Resources | DRE | $29.1M | Paul Chapman | 13.65% | Increasing |
| Readcloud | RCL | $37.5M | O'Connor Super Fund | 5.30% | Becoming |
| Mithril Resources | MTH | $69.4M | Hall Stewart | 5.63% | Becoming |
| Empire Resources | ERL | $13.6M | Michael Ruane | 28.16% | Increasing |
| Aeris Resources | AIS | $110.0M | Pacific Alliance Group | 11.81% | Increasing |
| G Medical Innovations Holdings | GMV | $35.2M | Regal Funds Management | 5.21% | Becoming |
| Energy One | EOL | $107.3M | Topline Capital Partners | 8.08% | Increasing |
| Bod Australia | BOD | $25.1M | SG Hiscock | 7.15% | Increasing |
| Swick Mining Services | SWK | $65.8M | Westoz Funds Management | 5.02% | Becoming |
| Houston We Have | NWH | $827.8M | Steve Picton | 6.45% | Becoming |
| Terrain Minerals | TMX | $13.0M | John Wardman | 5.22% | Becoming |
| DUG Technology | DUG | $142.3M | Perennial Value Management | 10.22% | Increasing |
| Venturex Resources | VXR | $30.6M | Regent Pacific Group | 9.47% | Increasing |
| Sig Sigma Metals | SI6 | $8.4M | Patrick Volpe | 9.50% | Increasing |
| Mint Payments | MNW | $12.1M | Dobrani | 28.09% | Increasing |
| Identitii | ID8 | $17.5M | Kenneth Baker | 7.45% | Increasing |
| King River Resources | KRR | $54.4M | Anthony Barton | 6.70% | Increasing |
| Xanadu Mines | XAM | $45.6M | Copper Plate Success | 20.62% | Increasing |
| Family Zone Cyber Safety | FZO | $181.4M | Regal Funds Management | 10.11% | Increasing |
| Flexiroam | FRX | $6.1M | Kenn Ong | 15.09% | Increasing |
| Seven West Media | SWM | $192.3M | Spheria Asset Management | 7.62% | Increasing |
| Nova Eye Medical | EYE | $44.5M | Australian Ethical Investment | 13.25% | Increasing |
| Red Mountain Mining | RMX | $9.1M | Big Baggers Investors Club | 5.34% | Becoming |
| Dropsuite | DSE | $37.1M | Topline Capital Partners | 13.42% | Increasing |
| Mithril Resources | MTH | $73.5M | Thomas Family Superannuation | 5.01% | Becoming |
| Harris Technology | HT8 | $27.3M | Australian PC Accessories | 35.29% | Increasing |
| Alterra | 1AG | $7.8M | Stacey Tomsic | 5.40% | Becoming |
| Estia Health | EHE | $410.2M | United Super | 8.38% | Increasing |
| Pantoro | PNR | $353.3M | Robmar Investments | 15.15% | Increasing |
| Vonex | VN8 | $31.6M | Regal Funds Management | 6.31% | Becoming |
| Powerwrap | PWL | $70.0M | Regal Funds Management | 8.09% | Increasing |
| Flexiroam | FRX | $11.0M | Yeoh Aik Cheong | 5.89% | Increasing |
| Kip McGrath Education Centres | KME | $51.3M | Regal Funds Management | 5.89% | Becoming |
| Okapi Resources | OKR | $7.2M | David Nour | 8.48% | Becoming |
| Micro-X | MX1 | $62.5M | Perennial Value Management | 7.53% | Increasing |
| The Reject Shop | TRS | $270.3M | Wilson Asset Management | 6.70% | Increasing |
| Red Sky Energy | ROG | $4.1M | Mavrodia Nestor | 9.67% | Increasing |
| Southern Hempishere Mining | SUH | $4.2M | David Lenigas | 5.57% | Increasing |
| Graphex Mining | GPX | $15.2M | Capital Di | 13.95% | Increasing |
| Flexiroam | FRX | $18.3M | Kay Yip Ng | 6.55% | Becoming |
| Onevue Holdings | OVH | $103.7M | Thorney Technologies | 18.02% | Increasing |
| Athena Resources | AHN | $6.2M | Goldway Mega Trade | 12.04% | Increasing |
| Wingara | WNR | $29.2M | Tribeca Investment Partners | 7.94% | Becoming |
| AdAlta | 1AD | $22.4M | Meurs Superannuation Fund | 5.08% | Becoming |
| Cassini Resources | CZI | $92.5M | Brahman Capital Management | 6.21% | Increasing |
| FYI Resources | FYI | $17.2M | Regal Funds Management | 12.51% | Increasing |
| Carbon Revolution | CBR | $232.0M | Quest Asset Partners | 7.28% | Increasing |
| Cooper Energy | COE | $561.2M | L1 Capital | 7.29% | Becoming |
| AdAlta | 1AD | $22.4M | Platinum Investment Management | 12.26% | Increasing |
| Wingara | WNR | $29.2M | Naos Asset Management | 24.12% | Increasing |
| The Reject Shop | TRS | $254.6M | Bennelong Australian Equity Partners | 13.29% | Increasing |
| Todd River Resources | TRT | $11.4M | Delphi | 5.36% | Increasing |
A handful of fund managers were buying into small caps in this sector. SG Hiscock topped up its stake into Archtis (ASX:AR9) to over 7 per cent.
Regal Funds Management made further purchases in Family Zone Cyber (ASX:FZO), taking its stake to over 10 per cent.
US-based Topline Capital also bought more of its cybersecurity holding, Dropsuite (ASX:DSE), and now has over 13 per cent.
AI-based risk mitigation platform Houston We Have (ASX:HWH) also witnessed some buying activity too. It’s latest advisory board member, Steve Picton, now has a 6.45 per cent stake. Picton is the founder of goTalk, which merged with Tel.Pacific.
Among other trades, Wilson Asset Management and Bennelong Australian Equity Partners topped up their stakes in discount chain The Reject Shop (ASX:TRS). Between them the pair now own over 20 per cent of the company between them.
Spheria Asset Management topped up its stake in Seven West Media (ASX:SWM) and now owns just over 8 per cent.
Capital Di, a Mauritius-based drilling consultant, now owns 13.95 per cent of Graphex Mining (ASX:GPX) — a company moving from Tanzanian graphite to Malian gold.
| Company | Code | Market Cap | Holder | Current Stake | Status |
|---|---|---|---|---|---|
| OFX | OFX | $292.6M | Pendal | 5% | Decreasing |
| DGO Gold | DGO | $175.4M | Regal Funds Management | 16.07% | Decreasing |
| Shaver Shop | SSG | $101.2M | Perpetual | 12.30% | Decreasing |
| Red 5 | RED | $519.3M | Regal Funds Management | 6.72% | Decreasing |
| Venture Minerals | VMS | $30.1M | Delphi | 6.24% | Decreasing |
| Zenith Energy | ZEN | $156.9M | Microequities Asset Management | 0.00% | Ceasing |
| StemCell United | SCU | $7.7M | Jimmy Thomas | 5.30% | Decreasing |
| Enero Group | EGG | $136.0M | Naos Asset Management | 14.12% | Decreasing |
| Murray River Organics | MRG | $26.5M | Regal Funds Management | 18.76% | Decreasing |
| Adairs | ADH | $564.7M | Challenger | 6.19% | Decreasing |
| Atomos | AMS | $113.3M | Perennial Value Management | 13.56% | Decreasing |
| Aurelia Metals | AMI | $498.2M | Perennial Value Management | 0.13% | Ceasing |
| NZME | NZM | $54.1M | Auscap Asset Management | 15.26% | Decreasing |
| Pharmaxis | PXS | $43.5M | Australian Ethical Investment | 4.97% | Ceasing |
| Kip McGrath Educations Centre | KME | $49.5M | Kip McGrath | 17.36% | Decreasing |
| Immuron | IMC | $81.8M | Peter Anastaiou | 5.26% | Decreasing |
| Monash IVF | MVF | $247.4M | Perennial Value Management | 4.95% | Ceasing |
| Veem | VEE | $65.0M | Celeste Funds Management | 4.99% | Ceasing |
| Horizon Minerals | HRX | $68.9M | Michael Ruane | 10.23% | Decreasing |
| People Infrastructure | PPE | $237.6M | Perennial Value Management | 11.02% | Decreasing |
| Atomos | AMS | $106.8M | Perennial Value Management | 11.01% | Decreasing |
| Perpetual Resources | PEC | $19.1M | Regal Funds Management | 9.22% | Decreasing |
| Enegex | ENX | $4.5M | Graeme Kirke | 0.50% | Ceasing |
| Kazia Therapeutics | KZA | $94.6M | Platinum Investment Management | 8.97% | Decreasing |
| VRX Silica | VRX | $49.0M | Australian Silica | 9.10% | Decreasing |
| Lithium Consolidated | LI3 | $5.8M | Australian Consolidated Venture Capital | 6.50% | Decreasing |
| Andromeda Metals | ADN | $77.6M | Robert Connolly | 7.27% | Decreasing |
| Myer | MYR | $176.6M | Vinva Investment Management | 4.89% | Ceasing |
| Ava Risk Group | AVA | $54.2M | Alkasab United Company | 9.17% | Decreasing |
| City Chic Collective | CCX | $781.7M | Pendal | 5.38% | Decreasing |
| Adairs | ADH | $574.9M | Pendal | 6.52% | Decreasing |
| Adairs | ADH | $574.9M | Wilson Asset Management | 5.90% | Decreasing |
Nearly a year since he retired from the company that bears his name, Kip McGrath sold some shares of Kip McGrath Education Centres (ASX:KME).
He completed a $2m sale to Regal Funds Management, which now owns 5.89 per cent of the tutoring centre.
Vinva Asset Management ceased to be a substantial holder in Myer (ASX:MYR). Pendal cut its stakes in City Chic Collective (ASX:CCX) and Adairs (ASX:ADH).
Wilson Asset Management was another seller of Adairs.
Australian Ethical Investment (ASX:AEF) reduced its holdings in Pharmaxis (ASX:PXS) to just below the 5 per cent threshold.
News
Experts
Tech
Mining
Health & Biotech
Mining
