hedge funds trading in meo

If you read the significant shareholder announcement again you'll see that the 5%+ holding in MEO is held on behalf of Credit Suisse's Prime Brokerage agreement and not necessarily Credit Suisse prop trading themselves.
Usually a Hedge Fund (or a few funds) will buy into a stock and when their combined holdings breach the 5% threshold, CS as their PB is required to announce this to the market (as has happend here).
My guess is that a few funds (probably a mix of local and global hedge funds) have 1 or 2% each rather than a single fund taking 5% of MEO.
This is my guess.
Anyway, its good to see PB clients getting onto the register. They don't tend to touch small firms like MEO unless they have a firm belief that the share price is going to head north in the next couple of quarters.

Sadly for me, i took a bath on MEO and got out last month, but will keep them on my watchlist and might come back closer to news about Heron.

Best of luck,
MamaHuhu