Business
Fund managers have been buying Kogan (ASX:KGN) and this ASX share // The Motley Fool Australia
I like to keep an eye on substantial shareholder notices. This is because these notices give you an idea of which shares large investors, asset managers, and investment funds are buying or selling.
Two notices that have caught my eye are summarised below. Here’s what these fund managers have been buying:
A notice of change of interests of substantial holder reveals that Australian Super has been buying more of this health supplements company’s shares. According to the notice, the super fund has lifted its stake by approximately 250,000 shares to 1,223,878 shares. This represents a 6.33% stake in the company.
Australian Super was buying…
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