"those names you mentioned - it usually means that they are holding stock on behalf of other people that trade through them. it doesn't necessarily mean that the institution itself has underlying exposure to the stock in question. i used to be one of them."
Rubbish, for an example read the amp's substantial share holder notice and I betting with a name like "Macquaire smaller" this is not stock held on behalf of others.
investor presentation , page-49
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