Broker data for CMM - past week
Top buyers:
- Morgan Stanley Securities: $9.15M
- Citigroup: $5.02M
- Goldman Sachs: $3.43M
Top sellers:
- Commonwealth Securities: -$4.71M
- Euroz Hartleys: -$4.61M
- Canaccord Genuity: -$3.62M
The top seller is CommSec - basically, professional investors are buying from retail investors who are happy to sell at this level because they don't see the value.
Here is the accumulation/distribution chart for retail brokers (retail investors) over the past 6 months.Retail investors keep selling to professionals.
Here is the accumulation chart for a subgroup of professional investors - investment banks (Citigroup, Goldman Sachs, Macquarie, Merrill Lynch, J.P. Morgan, Morgan Stanley, UBS).
They increased the pace of accumulation in January 2025. Then, during the time the price was in a side channel during Feb-March, they added even more.
Looks like aggressive accumulation so far. However, need to track when they will start selling to lock in their profit.
(20min delay)