Which sectors are whales winning in? Analyze substantial shareholder (5%+ stakes) performance across NZX industries.
Cross-Sector Summary
9
Sectors
296
Total Positions
$922M
Net P&L Gains
33.1%
Overall Win Rate
98W-56L
Wins-Losses
Sector-by-Sector Performance
Ranked by total P&L. Sectors with higher win rates and average returns indicate better opportunities for substantial shareholders.
| Rank | Sector | Positions | Whales | Win Rate | Avg Return | Total P&L | Avg Holding |
|---|---|---|---|---|---|---|---|
| 1 | Healthcare 18W - 5L - 45N | 68 | 68 | 26.5% | +16.5% | +$1649.7M | 320 days (0.9 yrs) |
| 2 | Information Technology 9W - 2L - 7N | 18 | 18 | 50.0% | +126.3%⭐ | +$196.5M | 525 days (1.4 yrs) |
| 3 | Utilities 16W - 4L - 14N | 34 | 34 | 47.1% | +25.9% | +$127.2M | 421 days (1.2 yrs) |
| 4 | Materials 2W - 1L - 4N | 7 | 7 | 28.6% | +2.4% | +$3.6M | 399 days (1.1 yrs) |
| 5 | Real Estate 9W - 1L - 6N | 16 | 16 | 56.3%🏆 | +38.7% | +$3.2M | 229 days (0.6 yrs) |
| 6 | Financials 8W - 3L - 8N | 19 | 19 | 42.1% | +15.2% | $-0.3M | 622 days (1.7 yrs) |
| 7 | Communication Services 22W - 14L - 22N | 58 | 55 | 37.9% | +11.4% | $-73.2M | 417 days (1.1 yrs) |
| 8 | Industrials 9W - 19L - 23N | 51 | 51 | 17.6% | -1.7% | $-336.2M | 275 days (0.8 yrs) |
| 9 | Consumer Staples 5W - 7L - 13N | 25 | 25 | 20.0% | -4.6% | $-648.5M | 403 days (1.1 yrs) |
Best Performing Sectors
Information Technology
18 positions • 50% win rate
+126.3%
$196.5M
Real Estate
16 positions • 56% win rate
+38.7%
$3.2M
Utilities
34 positions • 47% win rate
+25.9%
$127.2M
Healthcare
68 positions • 27% win rate
+16.5%
$1649.7M
Materials
7 positions • 29% win rate
+2.4%
$3.6M
Challenging Sectors
Consumer Staples
25 positions • 20% win rate
-4.6%
$648.5M
Industrials
51 positions • 18% win rate
-1.7%
$336.2M
Communication Services
58 positions • 38% win rate
11.4%
$73.2M
Financials
19 positions • 42% win rate
15.2%
$0.3M
Methodology
This sector analysis aggregates performance across all substantial shareholder positions (5%+ voting rights) where stock price data is available for P&L calculation.
- Win Rate: Percentage of positions that generated positive returns
- Avg Return: Average percentage return across all positions in the sector
- Total P&L: Sum of all gains and losses in dollar terms
- Avg Holding: Average number of days positions were held
Note: P&L calculated from entry (first substantial disclosure) to exit (last disclosure) prices. Sectors with more positions provide more statistically significant insights.