According to the latest top 20 as at 1 August 2016, institution nominee accounts held 61m shares.
Most of the Harbour shares were JUST
transferred to other institutions.Not every holder lost confidence yet. Head of investor relationship, Maureen still holds 801k through $4.50, so as Mr Mcgrouther's related 2.5m shares.
1PG probably is only the one with high institution holdings.
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I put notes for movement during 14 July 2016 (previous top 20 list) and 1 August 2016 (latest top 20 list).
Main movements on Nominees accounts from 15 July 2016 (share price 49c) to 1 August 2016 (low 36c):
Three Sellers:
- Harbour sold 14.8m, in fact, most were transferred to new and existing institutions.
- ABN AMRO nominees account reduced by 1m
- National Nominees DB account reduced by 0.2m
Six Buyers:
- HSBC GSCO ECA increased by 5.3m
-
NEW Top 20, Managed fund, Warbont bought 4.8m
- Citicorp increased by 2.3m
-
NEW Top 20, National Nominees bought 1.4m
- BNP Paribas increased by 0.93m
- HSBC Nominees increased by 0.1m
Total buys 14.8m
Total sells 16.4m
Net movement -1.6m
Top 20 holdings reduced from 71% to 69%
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