Institutional Activity

[springhill]

I note an ASF member this week posted to expect alot of ASX announcements regarding 'Change in Directors Interest' and 'Change in Substantial Holding'.
He/She was dead right, i only hold 5 shares and of that 5, 2 already have positive changes in interest;
WSA (Credit Suisse)
SDL (Talbot Group)
Coincidence? I think not
Has anyone else noticed this in their holdings?
Or conversely any changes to the negative side?

Surely these 2 institutions would not be positioning now if there is crash looming? They are no dummies
This would suggest that although things may get slightly worse, they wont get too much worse, and the institutions are already jockeying for stronger positions down the track?
Thoughts?

 

[prawn_86]

It was me who made those comments, although others may have also.

I havnt seen any statements yet, although admittedly i have just battoned down and not paid too much attention over the last week or so. But funds tend to have a long term view, as do I, so it is a prime opportunity for them to top up.

 

[springhill]

Apologies Prawn i did mean to credit the person who wrote it but for the life of me couldnt find it
I have to agree with you instos know when to move in as we may well see develop over the coming weeks

 

[moneymajix]

Sydney - Friday - August 17: (RWE Aust Business News) - A
list of companies to record an initial or increase in substantial
shareholdings:

* Suncorp-Metway Ltd increased its interest in James Hardie
Industries NV on August 14 from 23.5 million (5pc) to 29.7 million shares
(6.3pc).

* Guinness Peat Group plc increased its interest in MMC
Contrarian Ltd on august 14 from 17.2 million (6.8pc) to 24.2 million
shares (9.3pc).

* Guinness Peat Group plc increased its interest in Tower
Australia Group Ltd on August 14 from 83.5 million (25pc) to 89.8 million
shares (26.9pc).

* Niako Investments Pty Ltd became a substantial holder in
Metabolic Pharmaceuticals Ltd on August 16 with 17.3 million shares
(5.8pc).

* HRL Morrison & Co Group Ltd became a substantial holder in
Auckland International Airport Ltd on August 15 with 61.2 million shares
(5pc).

* Merrill Lynch & Co Inc increased its interest in Blina
Diamonds NL on August 13 from 17.1 million (9.6pc) to 25.7 million shares
(14pc).

* Maple-Brown Abbott Ltd increased its interest in Service
Stream Ltd on August 14 from 7.8 million (5.6pc) to 9.7 million shares
(6.9pc).

* Perpetual Ltd became a substantial holder in Rams Home Loans
Group Ltd on August 14 with 20.1 million shares (5.7pc).

* Austral-Asia Resources & Infrastructural Investments Pty Ltd
increased its interest in View Resources Ltd on August 15 from 37.3
million (11.2pc) to 70.7 million shares (18.8pc).

* Brookfield Asset Management Inc increased its interest in
Multiplex Group on August 16 from 300.1 million (35.8pc) to 425.4 million
stapled securities (50.8pc).

* UBS Nominees Pty Ltd became a substantial holder in MFS Ltd on
August 15 with 30.1 million shares (6.4pc).

* Gazmetal Holding Cyprus Ltd became a substantial holder in
Mount Gibson Iron Ltd on August 14 with 135.7 million shares (17.2pc).

* Talbot Group Holdings Pty Ltd increased its interest in
Sundance Resources Ltd on August 16 from 301 million (16.6pc) to 352.2
million shares (19.4pc).

* Platypus Asset Management Ltd increased its interest in
Technology One Ltd on August 17 from 19.6 million (6.6pc) to 23.2 million
shares (7.5pc).

* Credit Suisse Holdings (Australia) Ltd increased its interest
in Western Areas NL on August 14 from 10.4 million (6.3pc) to 12.3
million shares (7.4pc).

* Ivany Entertainment Trust increased its interest in MTM
Entertainment Trust on August 16 from 7.8 million (7.3pc) to 97.4 million
units (91.3pc).

* The New Millennium Fund Pty Ltd became a substantial holder in
Medivac Ltd on August 6 with 27.6 million shares (8.5pc).

* Hardie Garnet Pty Ltd became a substantial holder in Rawson
Resources Ltd on August 15 with 4 million shares (7.1pc).

* Leighton Holdings Ltd increased its interest in Macmahon
Holdings Ltd on August 16 from 60.4 million (11.5pc) to 78.3 million
shares (14.9pc).

* Perpetual Ltd became a substantial holder in Downer EDI Ltd
on August 15 with 16.1 million shares (5pc).

* Westoz Funds Management Pty Ltd became a substantial holder in
OM Holdings Ltd on August 15 with 12 million shares (5.3pc).

* Group of Tap Oil Shareholders increased its interest in Tap
Oil Ltd on August 15 from 10.3 million (6.6pc) to 14.2 million shares
(9.1pc).

* Schroder Investment Management Australia Ltd became a
substantial holder in Kip McGrath Education Centres Ltd on August 14 with
1.1 million shares (5.5pc).

* Deutsche Bank AG became a substantial holder in Challenger
Financial Services Group Ltd on August 15 with 30.2 million shares
(5.4pc).

* Janus Capital Management LLC increased its interest in
Publishing & Broadcasting Ltd on August 10 from 40.6 million (6pc) to
42.7 million shares (6.3pc).

* Manifest Capital Management Pty Ltd increased its interest in
Imdex Ltd on August 15 from 14.6 million (8.1pc) to 16.7 million shares
(9.2pc).

* Linq Group increased its interest in Uramet Minerals Ltd on
August 14 from 4.9 million (7.6pc) to 5.7 million shares (8.7pc).
ENDS

 

[purple]

Wow MM, that’s a great list. Where do you get this info from? It’s very useful. (as opposed to the trawling ASX for each and every company)

 

[reece55]

Guys
Remember, if the notice is an initial sub holder, they (the insto) may have been buying the shares for some time. If it is available, always look at the trade history behind their movement.

Cheers

 

[ozambersand]

Thanks for that list. I have been looking for a list like that for a while. I also don't want to check every announcement of every company!

Is that an ongoing summary list? If so, do you have to subscribe to get it?

If it isn't an ongoing thing, does anyone know of one that is.

Lists of Director's buying are available, but I've never seen an Insto list like that before.

Once you have the list you can check up on their announcement to get the details, which I agree are very pertinent, especially when they are buying and selling on the one day!