SelfWealth Monthly Trading Trends: January 2020

This company email update / article was interesting: https://www.selfwealth.com.au/selfwealth-monthly-trading-trends-january-2020/

The remarkable growth in Neuren Pharmaceuticals (ASX: NEU) holdings continued once again, climbing one place to become the 6th most-held stock among SelfWealth members. The collective value of shares held across the community increased by almost 20%, with the stock rallying 14.1% during January. At the end of the month, over 10% of the company’s market cap was held via SelfWealth trading accounts.

Further down the list, shares in SelfWealth (ASX: SWF) and Fortescue Metals Group (ASX: FMG) edged their way into the top 20, in the process dislodging Ramsay Health Care (ASX: RHC) and A2 Milk (ASX: A2M). In the case of SWF shares, the value increase was attributed to the activity of a select number of holders, whereas in the case of FMG, the company’s significant share rally in the first half of the month fuelled that growth while also prompting higher buying activity.

SWF is now the 19th 'most-held stock' by SelfWealth members. Now sure if that means total value held. It's somewhat understandable, since SelfWealth members are much more aware of SWF than the general public, but it's interesting anyway.

It looks like SELF is not in the top 10 held ETFs yet.

In the case of SWF shares, the value increase was attributed to the activity of a select number of holders

A few large buyers are driving it. Considering that one of the previous substantial holder notices showed accumulation up to $0.20, I was happy enough adding to my holding at <$0.15 before and after the January update.