NZX Governance Explorer
Latest disclosure2 Mar 2021
Back to Shareholders

Devon Funds Management Limited

fund🇳🇿NZ
Company ProfileFund Manager
Companies
3
Portfolio holdings
Total Shares
45M
Across all holdings
Avg Voting Rights
5.00%
Per company average
Sectors
2
Diversified across

Sector Exposure

FinancialsReal Estate

Substantial holding history

Periods this holder was at or above 5%, from its NZX substantial holder disclosures.

Profit and loss figures are withheld while the calculation is rebuilt. Our recorded P&L for substantial holders did not survive a recompute: some of the largest “trades” are strategic or index holdings rather than trades, and some were priced on the wrong exchange. Until it is fixed, this page shows holdings and disclosure dates only, with no P&L, returns, win rates or rankings by performance.
CompanySharesFirst disclosedLast disclosedHolding
Tower Limited TWR20,906,050Apr 2021Oct 2020-178 days
Metro Performance Glass MPG11,999,138Apr 2020Apr 20200 days

Fund Voting Record

How this fund manager voted on AGM resolutions across 13 NZX companies

View All Fund Votes →
Total Votes
67
13 companies
Voted FOR
61
91.0%
Voted AGAINST
6
9.0%
Abstained
0
0.0%

Recent AGAINST Votes

EBOIT IS HEREBY RESOLVED THAT PETER WILLIAMS BE RE-ELECTED AS A DIRECTOR OF THE COMPANY
06 Oct 2021
EBOIT IS HEREBY RESOLVED THAT ELIZABETH COUTTS BE RE-ELECTED AS A DIRECTOR OF THE COMPANY
06 Oct 2021
EBOIT IS HEREBY RESOLVED THAT, PURSUANT TO NZX LISTING RULE 2.11.1 AND ASX LISTING RULE 10.17, THE TOTAL REMUNERATION FOR NON-EXECUTIVE DIRECTORS BE INCREASED BY NZD 155,000 FROM NZD 1,410,000 PER ANNUM TO NZD 1,565,000 PER ANNUM WITH EFFECT FROM 1 JULY 2021
06 Oct 2021

Historical Holdings (3)

Exited

No disclosure in the past 12 months - likely divested or reduced below reporting threshold

CompanyShares HeldVoting RightsRelationshipHolding Period
My Food Bag Group Limited
MFBFinancials
11,891,892
5.00%Substantial
Shareholder
22 Nov 2022
to
02 Mar 2021
Tower Limited
TWRFinancials
20,906,050
5.00%Substantial
Shareholder
16 Apr 2021
to
20 Oct 2020
Metro Performance Glass
MPGReal Estate
11,999,138
5.00%Substantial
Shareholder
09 Apr 2020

Frequently Asked Questions

What sectors does Devon Funds Management Limited invest in?

Devon Funds Management Limited has diversified holdings across 2 sectors on the NZX, including Financials, Real Estate. Their portfolio demonstrates a focused investment approach across the New Zealand stock market.

How many NZX companies does Devon Funds Management Limited invest in?

Devon Funds Management Limited currently holds substantial shareholdings (5% or more voting rights) in 3 companies listed on the New Zealand Stock Exchange. This represents a selective presence in the New Zealand equity market.

What is Devon Funds Management Limited's total voting influence on the NZX?

Across their 3 substantial shareholdings, Devon Funds Management Limited controls approximately 15.00% in combined voting rights. Substantial shareholders with 5% or more voting rights have significant influence over company decisions, including board appointments, executive compensation, and strategic direction.

Is Devon Funds Management Limited a good investment manager?

Devon Funds Management Limited is an institutional investor with substantial holdings in New Zealand listed companies. Their investment performance can be tracked through their disclosed shareholdings and changes in ownership positions over time. NZXplorer tracks all substantial shareholder disclosures, allowing you to monitor Devon Funds Management Limited's buying and selling activity across the NZX.

Is Devon Funds Management Limited a foreign investor?

Devon Funds Management Limited is a foreign investor based in NZ. Foreign investors play a significant role in the NZX, bringing international capital and expertise to New Zealand companies. All substantial shareholders, regardless of domicile, must comply with NZX disclosure requirements.

Where can I find more information about Devon Funds Management Limited's NZX holdings?

NZXplorer provides comprehensive data on Devon Funds Management Limited's shareholdings, including current positions, voting rights percentages, disclosure dates, and historical changes. You can view detailed breakdowns of their holdings by company, sector analysis, and timeline of their investment activity. All data is sourced from official NZX substantial shareholder disclosures.