NVA Broker Data

Broker data since May 2024. Here’s what the data shows:
- Top Buyer: CommSec clients
- Top Seller: Instinet clients






Take a look at the daily accumulation/distribution chart.What’s really interesting is that the accumulation chart for CBA has pivoted.




When I combined the charts for four retail brokers (CommSec, AIEX, CMC Markets, and Wealthhub) to get a sense of their collective behavior, a clear pattern emerged. What does it show?Retail brokers are now selling more than they’re buying. At the same time, professional brokers are stepping in, buying from retail investors who might not see the value at these levels.This setup is one of my favorites, especially if we see a breakout above the previous high of $0.31.




Another Perspective:When you look at combined accumulation by seven investment banks, their position is smaller compared to CommSec. But what’s notable is the clear uptick in December—something worth watching.