MONTHLY TOP 20

Hi All

I find it useful to keep track of the monthly top 20 movements and given the June 2017 report has recently been released I thought I would share with you my findings:

*The below is comparing the top 20 holdings at 30 June against the same holdings at 31 May*

Big Boys (~100M Shares):
MIN Res - 122,632,901 - up 18%
HSBC - 115,944,015 - up 23%
JP Morgan - 98,825,976 - up 13%

Biggest increase:
National Nominees - up 308% t0 25,576,432

New to the register:
GFL International - 62,486,182
Brispot Nominees, Wansbone Nominees & RBC Investor Services - all with circa 8,500,000

So the top 20 now hold 661,962,275 vs 501,284,988 (in May) or an increase of 32%

To me this deems large accumulation in the 35c - 45c range by smart money!

Constructive discussions on this thread/topic welcomed

Thanks