Real profit and loss tracking for substantial shareholders (5%+ stakes). See which institutional investors and major holders are performing based on publicly disclosed trades.
Whales with currently active substantial shareholdings and their estimated unrealized P&L
Estimates only — not actual cost basis. P&L uses the stock price when a holder first crossed the 5% disclosure threshold, multiplied by their latest reported share count. Actual acquisition costs may differ significantly as shares are typically accumulated over time. Active positions use the most recent stock price.
Substantial shareholders by total P&L
| Rank | Whale | Trades | Win Rate | Total P&L | Avg Return | Best Trade |
|---|---|---|---|---|---|---|
| 1 | The Sovereign in Right of New Zealand 1 company • Utilities | 1 1W-0L | 100.0% | $5,823,478,795 | +327.6% | $5,823,478,795 +327.6% |
| 2 | UBS Group AG and its related bodies corporate 6 companies • Communication Services, Consumer Staples | 6 4W-2L | 66.7% | $1,065,438,439 | +9.5% | $1,383,475,014 +98.8% |
Substantial shareholders with the biggest losses
| Rank | Whale | Trades | Win Rate | Total P&L | Avg Return | Worst Trade |
|---|---|---|---|---|---|---|
| 1 | FirstCape Group Limited 8 companies | 8 5W-3L | 62.5% | -$361,432,395 | 4.5% | -$487,839,916 -68.8% |
| 2 | GA Geoffrey A. Cumming 1 company | 1 0W-1L | 0.0% | -$302,720,696 | -47.1% | -$302,720,696 -47.1% |
| 3 | Hickman Family Trustees Limited 1 company |
This whale tracker estimates price movement during substantial shareholding periods (holders of 5%+ voting rights) based on:
Important: These are estimates, not actual cost basis. P&L figures use the stock price on the date a holder first crossed the 5% disclosure threshold, multiplied by their latest reported share count. Actual acquisition costs are likely to differ significantly, as shares may have been accumulated over time at various prices. These figures indicate directional stock price movement during the holding period, not the holder's true profit or loss.
Currently tracking 333 positions across 256 substantial shareholders.
Data sourced from NZX substantial shareholder disclosures. Our datasets may not be complete. Automated analysis can produce errors. Past performance does not indicate future results. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz.
For informational purposes only. Not investment advice.
| 3 | Hyperion Asset Management Limited 1 company • Healthcare | 1 1W-0L | 100.0% | $517,464,625 | +86.6% | $517,464,625 +86.6% |
| 4 | Accident Compensation Corporation (ACC) 12 companies • Communication Services, Energy | 12 7W-4L | 58.3% | $140,246,161 | +22.6% | $124,331,998 +104.3% |
| 5 | FMR LLC 2 companies • Communication Services, Healthcare | 2 2W-0L | 100.0% | $125,158,253 | +137.7% | $118,098,643 +211.8% |
| 6 | Jupiter Asset Management Limited 3 companies • Communication Services, Healthcare | 3 2W-1L | 66.7% | $123,603,397 | +163.7% | $68,805,299 +382.8% |
| 7 | Perpetual Limited and subsidiaries 1 company • Consumer Staples | 1 1W-0L | 100.0% | $116,672,636 | +47.9% | $116,672,636 +47.9% |
| 8 | ANZ New Zealand Investments Limited 3 companies • Healthcare, Industrials | 3 1W-2L | 33.3% | $88,224,460 | +351.4% | $89,115,436 +1074.6% |
| 9 | Harbour Asset Management Limited 5 companies • Consumer Staples, Healthcare | 5 3W-2L | 60.0% | $67,569,619 | +4.6% | $48,687,906 +16.5% |
| 10 | TC Timothy Charles Glasson 1 company • Consumer Discretionary | 1 1W-0L | 100.0% | $65,540,781 | +255.0% | $65,540,781 +255.0% |
| 11 | Commonwealth Bank of Australia 1 company • Communication Services | 1 1W-0L | 100.0% | $60,016,494 | +62.9% | $60,016,494 +62.9% |
| 12 | New Zealand Superannuation Fund Nominees Limited 3 companies • Communication Services, Information Technology | 3 3W-0L | 100.0% | $54,977,936 | +193.7% | $46,695,345 +459.3% |
| 13 | Northcape Capital Pty Ltd 1 company • Industrials | 1 1W-0L | 100.0% | $34,416,079 | +12.7% | $34,416,079 +12.7% |
| 14 | Jarden Wealth Limited 6 companies • Consumer Staples, Healthcare | 6 5W-1L | 83.3% | $32,256,303 | +4.8% | $22,719,345 +22.8% |
| 15 | TG Tom Granger 1 company • Information Technology | 1 1W-0L | 100.0% | $30,137,563 | +367.6% | $30,137,563 +367.6% |
| 16 | Accident Compensation Corporation 1 company • Real Estate | 1 1W-0L | 100.0% | $30,076,039 | +25.2% | $30,076,039 +25.2% |
| 17 | Ausbil Investment Management Limited 1 company • Consumer Staples | 1 1W-0L | 100.0% | $28,571,275 | +7.4% | $28,571,275 +7.4% |
| 18 | GM Gary Miles 1 company • Information Technology | 1 1W-0L | 100.0% | $26,164,714 | +592.7% | $26,164,714 +592.7% |
| 19 | UN UniSuper 1 company • Communication Services | 1 1W-0L | 100.0% | $22,915,763 | +7.2% | $22,915,763 +7.2% |
| 20 | IC Ian Cameron 2 companies • Industrials, Materials | 2 2W-0L | 100.0% | $22,612,696 | +36.5% | $19,094,287 +51.9% |
| 21 | JC Julian Cook 1 company • Healthcare | 1 1W-0L | 100.0% | $18,436,242 | +146.2% | $18,436,242 +146.2% |
| 22 | SD Sylvie Dimarco 1 company • Communication Services | 1 1W-0L | 100.0% | $17,566,241 | +21.7% | $17,566,241 +21.7% |
| 23 | Bourns, Inc. 1 company • Information Technology | 1 1W-0L | 100.0% | $15,542,489 | +8.1% | $15,542,489 +8.1% |
| 24 | Challenger Limited and its entities 1 company • Consumer Staples | 1 1W-0L | 100.0% | $15,362,482 | +1.4% | $15,362,482 +1.4% |
| 25 | JBWere (NZ) Pty Limited 3 companies • Consumer Staples, Healthcare | 3 3W-0L | 100.0% | $15,214,151 | +8.2% | $14,580,362 +16.5% |
| 26 | AustralianSuper Pty Ltd 1 company • Information Technology | 1 1W-0L | 100.0% | $14,964,234 | +30.6% | $14,964,234 +30.6% |
| 27 | 5382917 Limited (SPV) 1 company • Consumer Discretionary | 1 1W-0L | 100.0% | $14,806,164 | +14.8% | $14,806,164 +14.8% |
| 28 | PL Pauline Lucy Bennett 1 company • Consumer Discretionary | 1 1W-0L | 100.0% | $13,933,460 | +243.2% | $13,933,460 +243.2% |
| 29 | Akarua Sub Trust (via Perpetual Corporate Trust Limited) 1 company • Real Estate | 1 1W-0L | 100.0% | $11,931,165 | +7.5% | $11,931,165 +7.5% |
| 30 | DM Douglas McArthur 1 company • Communication Services | 1 1W-0L | 100.0% | $11,751,390 | +11.8% | $11,751,390 +11.8% |
| 31 | FR Finaccess Restauración, S.L. 1 company • Consumer Discretionary | 1 1W-0L | 100.0% | $11,002,935 | +1.8% | $11,002,935 +1.8% |
| 32 | SE Sebastian Evans 1 company • Information Technology | 1 1W-0L | 100.0% | $10,908,895 | +110.6% | $10,908,895 +110.6% |
| 33 | JB Jason Boyes 1 company • Utilities | 1 1W-0L | 100.0% | $10,504,492 | +64.7% | $10,504,492 +64.7% |
| 34 | KT Kenji Takase 1 company • Communication Services | 1 1W-0L | 100.0% | $10,309,217 | +7.0% | $10,309,217 +7.0% |
| 35 | JH JOHN H. LEWIS 2 companies • Communication Services | 2 2W-0L | 100.0% | $9,927,239 | +89.4% | $6,391,570 +125.7% |
| 36 | AD Gibbons Trust 1 company • Consumer Discretionary | 1 1W-0L | 100.0% | $9,856,243 | +252.8% | $9,856,243 +252.8% |
| 37 | KT Karl Trouchet 1 company • Consumer Discretionary | 1 1W-0L | 100.0% | $8,736,649 | +14.8% | $8,736,649 +14.8% |
| 38 | Pendal Institutional Limited (PIL) 1 company • Consumer Staples | 1 1W-0L | 100.0% | $7,404,750 | +10.7% | $7,404,750 +10.7% |
| 39 | Pinnacle Group Entities & PFSL 1 company • Information Technology | 1 1W-0L | 100.0% | $6,999,144 | +42.5% | $6,999,144 +42.5% |
| 40 | The Vanguard Group, Inc. 1 company • Healthcare | 1 1W-0L | 100.0% | $6,430,113 | +8.8% | $6,430,113 +8.8% |
| 41 | MB Marko Bogoievski 1 company • Utilities | 1 1W-0L | 100.0% | $6,225,232 | +71.0% | $6,225,232 +71.0% |
| 42 | PJ Peter Jerrold Nathan 1 company • Consumer Staples | 1 1W-0L | 100.0% | $5,186,275 | +44.1% | $5,186,275 +44.1% |
| 43 | SN Steven Newman 1 company • Industrials | 1 1W-0L | 100.0% | $5,182,996 | +44.0% | $5,182,996 +44.0% |
| 44 | Mitsubishi UFJ Financial Group, Inc., First Sentier Investors (Australia) IM Ltd, First Sentier Investors Realindex Pty Limited 2 companies • Communication Services | 2 1W-1L | 50.0% | $5,011,943 | -6.9% | $9,960,830 +6.8% |
| 45 | Forsyth Barr Investment Management Limited 2 companies • Materials, Real Estate | 2 1W-1L | 50.0% | $4,942,816 | +4.5% | $5,893,602 +10.1% |
| 46 | Lazard Asset Management Pacific Co and its associates listed in Annexure A 1 company • Consumer Discretionary | 1 1W-0L | 100.0% | $4,264,633 | +12.0% | $4,264,633 +12.0% |
| 47 | JBWere (NZ) Limited 1 company • Real Estate | 1 1W-0L | 100.0% | $3,599,554 | +16.2% | $3,599,554 +16.2% |
| 48 | Siward Crystal Technology Co., Ltd 1 company • Information Technology | 1 1W-0L | 100.0% | $2,661,585 | +7.0% | $2,661,585 +7.0% |
| 49 | Westpac WHS Property 1 company • Real Estate | 1 1W-0L | 100.0% | $2,635,010 | +3.9% | $2,635,010 +3.9% |
| 50 | EJ Edward John Harvey 2 companies • Financials, Information Technology | 2 1W-1L | 50.0% | $2,577,509 | +69.5% | $2,620,982 +156.3% |
1 0W-1L |
| 0.0% |
-$218,415,960 |
| -56.4% |
-$218,415,960 -56.4% |
| 4 | AJ Adam J. Mikkelsen 1 company | 1 0W-1L | 0.0% | -$97,797,972 | -76.7% | -$97,797,972 -76.7% |
| 5 | MB Marshall Byres 1 company | 1 0W-1L | 0.0% | -$85,670,302 | -9.0% | -$85,670,302 -9.0% |
| 6 | The Vanguard Group, Inc. 3 companies | 3 2W-1L | 66.7% | -$55,137,636 | -0.5% | -$80,071,158 -35.4% |
| 7 | Harris Associates L.P. 1 company | 1 0W-1L | 0.0% | -$44,341,390 | -37.1% | -$44,341,390 -37.1% |
| 8 | Salt Funds Management Limited 4 companies | 4 2W-2L | 50.0% | -$41,450,467 | -22.3% | -$41,607,052 -93.3% |
| 9 | MM Michael Moore 1 company | 1 0W-1L | 0.0% | -$30,473,663 | -58.2% | -$30,473,663 -58.2% |
| 10 | Lazard Asset Management Pacific Co and its associates 1 company | 1 0W-1L | 0.0% | -$24,127,430 | -39.5% | -$24,127,430 -39.5% |
| 11 | Regal Partners Funds Management Pty Ltd 1 company | 1 0W-1L | 0.0% | -$20,366,315 | -18.0% | -$20,366,315 -18.0% |
| 12 | JCR Capital Limited, 730 Trustee Company Limited and GL JCR CMJR Guardian Limited as co-trustees of the JCR Investment Trust 1 company | 1 0W-1L | 0.0% | -$19,505,536 | -75.8% | -$19,505,536 -75.8% |
| 13 | 2 1W-1L | 50.0% | -$17,462,072 | 49.5% | -$18,010,799 -3.5% |
| 14 | JBS Australia Pty Limited 1 company | 1 0W-1L | 0.0% | -$15,938,378 | -11.3% | -$15,938,378 -11.3% |
| 15 | YARRA CAPITAL MANAGEMENT LIMITED ACN 003 376 252 (YCML); YARRA MANAGEMENT NOMINEES PTY LTD ACN 616 681 068 (YMN); TA UNIVERSAL INVESTMENT HOLDINGS LTD (UNIVERSAL); TA SP AUSTRALIA TOPCO PTY LTD ACN 612 486 452 (TOPCO); AA AUSTRALIA FINCO PTY LTD ACN 614 781 172 (FINCO); YARRA CAPITAL MANAGEMENT HOLDINGS PTY LTD ACN 614 782 795 (YCMH); YARRA FUNDS MANAGEMENT LIMITED ACN 005 885 567 (YFM) 1 company | 1 0W-1L | 0.0% | -$15,738,902 | -25.6% | -$15,738,902 -25.6% |
| 16 | BNZ Investment Services Limited 3 companies | 3 0W-3L | 0.0% | -$13,888,118 | -14.6% | -$12,415,765 -23.9% |
| 17 | YARRA CAPITAL MANAGEMENT LIMITED 1 company | 1 0W-1L | 0.0% | -$13,283,580 | -25.5% | -$13,283,580 -25.5% |
| 18 | Milford Asset Management Limited 1 company | 1 0W-1L | 0.0% | -$13,259,501 | -11.6% | -$13,259,501 -11.6% |
| 19 | Pinnacle Investment Management Group Limited (and its subsidiaries listed in Annexure A) 1 company | 1 0W-1L | 0.0% | -$13,048,860 | -1.4% | -$13,048,860 -1.4% |
| 20 | Fisher Funds Management Limited 1 company | 1 0W-1L | 0.0% | -$11,894,646 | -3.8% | -$11,894,646 -3.8% |
