FMG Broker Data Analysis Let's start with the broker data for the past month.
Buyers The top buyer is CommSec, with a net value traded of +$96M.
Sellers The top seller is Macquarie Securities, with a net value traded of -$67M.
To get a better picture, let's analyze the combined accumulation of shares by retail investors over the past six months. Here’s a chart showing the combined accumulation of four retail brokers, including CommSec.There has been a noticeable increase in retail investor holdings recently.
Similarly, let's analyze the combined accumulation of shares by seven investment banks (Citigroup, Goldman Sachs, Macquarie, Merrill Lynch, J.P. Morgan, Morgan Stanley, UBS).Their activity has been quite volatile, with consistent selling over the past few months.
Here is the accumulation data for Jefferies and Barrenjoey.
Some massive recent cross-trades have taken place.
This is how shares changed hands over the past week.
Overall, we can conclude that sentiment among professional investors remains pretty negative at the moment.
FMG Price at posting:
$15.70 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)