Top 20Feb '23Summary - An interesting month in terms of T20...

Top 20
Feb '23

Summary - An interesting month in terms of T20 movement. No.2 (Clearstream) sold down a small amt of shares, but the big news was No.6 (Nero Fund) left the building after being a major SH in recent years. All others on the list neutral or adding to their holdings.

Sellers - Nero: sold out from 38m to <12m
Clearstream: sold 700K shares
TK: Feb marked the first month he remained net neutral since July last year. 6m exactly.

Buyers - BNP client at new No.5 picked up 5m

Welcome and thanks to the brand newcomer to the list, Martin Huxley, at No. 20 and Uuro re-enters still on 12.85m which has been unchanged for many months.

There's a likely link between Nero and TK as has been discussed on other threads here over the years, but for Nero to sell out while TK stayed put should raise some eyebrows. Perhaps their joint activity in manipulating the SP to be a race to the bottom backfired on Nero and their investors lost patience? This also raises the possibility that TK has completed whatever he set out to achieve, so buckle up fellow holders.