The UK Trader's Bible

UK Strategic Stakes & Holdings June 2007

Download my latest, comprehensive stakes and holdings sheet (210KB). Dominic Connolly

Shrewds

Saad Investments increases Accsys Technologies to 7.78%, increases Imagination Technologies to 16.02%, increases Petra Diamonds to 27%, increases ReNeuron to 26.4%, increases York Pharma to 10.35% (Nigel Wray increases to 3.67%)

Nigel Wray increases Avingtrans to 13.93%, reduces Domino's Pizza to 22.12%, increases Oakdene Homes to 15.45% (Hambro increases to 4.01%)

Trefick increases Ben Bailey to 5.84% (Town Centre Secs has 3.34%), buys 3.1% in Equest Balken Props, reduces Mucklow to 9%, increases Warner Estates to 13.34%

Galloway increases Billing Services to 13.63%

Gyllenhammar increases Chapelthorpe to 5.03%, increases Hartest Holdings to 22.1%, increases Telspec to 12.1%, increases TG21 to 11.07%

Michael Ashcroft increases to 28.6% in Corporate Services Group

Tom Hunter increases Dobbies Garden Centres to 10.6%, buys 12.6% of Sigma Capital Group

Channel Hotels & Props increases Flying Brands to 10.3%

Michael Spencer increases ICAP to 21.14%, increases Numis to 10.99%

Peter O'Reilly reduces Intimas Group to 8.74% (Gyllenhammar reduces to 12.9%), increases Poole Investments to 15.06%

David Ross increases National Express to 1.81%

Bob Morton declares 3.33% in St Peter Port Capital

Trevor Hemmings sells out of Scottish & Newcastle

Hedge Funds

Lansdowne Partners increases Aberdeen Asset Management to 10.32%, Aricom to 10.63%, Ark Therapeutics to 7.08%, Cashbox to 4.51%, Clipper Windpower to 7.43%, Enterprise Inns to 7.07%, Evolution Group to 4.98%, Faroe Petroleum to 5.01%, Global Gaming Tech to 3.82% (Corvus increases to 17.19%), Hansteen Holdings to 9.91%, buys 6.02% in Henderson Group, sells out of Imperial Energy (but Sloane Robinson buy 5.61%), increases Itacare Capital to 13.79%, increases Local Shopping REIT to 8.02%, subscribe to Mecom placing (9.96%), sell out of Micro Focus International, buys 3.2% in New Star Asset Management, increases Northern European Properties to 9.16%, increases Oxford Catalysts to 9.84%, sells out of Pennon, increases Peter Hambro Mining to 8.51%, increases Pinewood Shepperton to 9.6%, increases Punch Taverns to 6%, increases Qinteiq to 9.05%, buys 5.33% of RGI International, reduces Soco international to 6.74% (Pontoil increases to 20.49%), reduces Tanfield to 5.97%

ToscaFund increases ACP Capital to 14.47%, Toscafield sells out of Biofuels

GLG increases Eredene Capital to 28.14%, sells out of Trinity Capital (QVT reduces to 11.69%, Lansdowne reduces to 8.48%)

RAB Capital increases to 19.23% in Global Coal Management, increases to 10.5% in I.D. Data, increases Oxus Gold to 29%

Significant Directors' dealings

William Currie increases ASOS to 10.5%

Oliver Vellacott trims IndigoVision to 23.24%

Dave Whelan sells 29% stake in JJB Sports to Hallco

George Milton buys 3.52% Kirkland Lake Gold

Tony Bramall reduces Lookers to 18.8%

Oozi Cats increases Telit Comms to 34.25%

Sara Williams increases Vitesse Media to 38.27%

Activists

JO Hambro increases 32Red to 15.8%, AAT Technology to 8.18%, trims Albemarle & Bond to 7.45%, increases Atlas Estates to 6.93%, increases to 7.27% in BATM, increases Castle Acquisitions to 26.37%, increases China Biodiesel to 3.36%, increases Dart Group to 5.62%, increases EBT Mobile China to 4.04%, increases Enova Systems to 6.43%, trims Goals Soccer Centres to 6.75%, increases Gresham Computing to 11.71%, increases Inspicio to 7.29% (Cycladic have 9%), reduces Low & Bonar to 3.8% reduces Wichford to 7.07%

North Atlantic increases AssetCo to 6.42%, rebuilds Augean to 5.31%, increases Avanti Communications to 7.07%, increases Bionostics to 26.76% )now in talks), increases Cardpoint to 17.01% (Cycladic increases to 9.63%), increases Communisis to 13.29%, increases Fayrewood to 6.5% (Man Financial increase to 9%), increases Georgica to 20.58%, increases Gleeson to 13.36%, increases North American Banks to 23.73%, buys 5.95% of Parity Group, reduces to 5.06% in Telecom Plus, reduces to 5.7% in Tinopolis

GPG increases Adnams to 8.9%, trims Ashley House to 11.56%, increases Autologic to 21.92%, increases Dawson International to 6.78%, increases Freeport to 18.2%, reduces National Accident Repair Services to 5.61%, increases Young & Co's Brewery to 10.23%

Harris Associates increases Benfield to 5.75%, buys 3.2% BSkyB, increases Carpetright to 7.06%, reduces JJB Sports to 3.98%, increases Schroders to 8.03%, reduces Signet to 10.62%, increases Trinity Mirror to 13.5%

Nelson Peltz buys 2.98% of Cadbury Schweppes

Hanover increases to 14.79% of Cosalt (Ross increases to 13.54%) buys 24.08% of Plasmon, increases Renold to 15.84% (Steel Partners sell out), buys 12.59% of SMG

Sherborne sells out of Scapa, increases Spirent to 14.71% (Lexa reduces to 5.67%)

Cycladic sells out of Davenham Group (Perseus increases to 19%)

Steel Partners buys back into Delta (3.49%), sells out of Lavendon (Cycladic increases to 18.74%), increases to 13.07% in Uniq

Promethean sells out of London Scottish Bank (Steel Partners reduces to 3.96%)

Principle Capital increases Nord Anglia Education to 25.83%

Laxey Partners increases Prodesse Investment to 14.93% (Polygon increases to 21.46%)

Stakebuilding

Bollore increases Aegis to 28.96%

Unity Investments buys 4.87% in Debenhams

Barclay Brothers buy 8.19% in Intercontinental Hotels

McCambridge Group buys 9.1% of Interlink Foods

Consolidated Press Group (Packer) buys 17.5% of Landore Resources

Redbird Holdings sells out of Molins

Kevin Stanford increases Mulberry to 24.13%

Mike Ashley buys Newcastle United

Atorka increases NWF Group to 20.25%, sells out of Romag (Renewable Energy Resources buys 22.2%), increases Amiad Filtration to 19.4%

Mittal increases RAB Capital to 9.8%

ValueAct Capital increases Reuters to 7.7%

Delta Two increases to 25% of Sainsbury (Tchenguiz holds 5.07% through R20)

HBM Bioventures increases Skyepharma to 11.13%

Temasek increases to 13.3% in Standard Chartered

Petronas increases to 19.5% in Star Energy (Lansdowne have 6.67%)

Peel Land & Property (Whittaker) increases UK Coal to 24.49%

Reuben Brothers increase to 32.5% in Ultimate Leisure, increase to 8.38% in Whitbread (Starwood hold 3%)

Sterling (Tettamanti) reduces to 10.1% in Volex

Others

CACI, Cantor and Marc Downes increase in CHE Hotels Group

Surthurst increases Coffee Republic to 13.55%

Phoenix increases Games Workshop to 14.16%, reduces Hardy Underwriting to 8.21%

Kingston Upon Hull Council sells out of Kingston Comms

Pardus increases MyTravel to 12.09%

Sanofi Aventis reduces Proteome Sciences to 11.4%

Hoegh Capital buys 9.07% of ZincOx

Some investment bank holdings are included for reference. Often a hedge fund will take a position in a company through a derivative such as an equity CFD or equity swap. The hedge fund will not appear as the beneficial holder but the investment bank's declared position may be the aggregate of its equity hedges against the CFD contracts as well as any proprietary position.

If a company enters an offer period, increased levels of disclosure of derivative transactions are required.

DISCLAIMER: Please note that all the views expressed on this page and in the associated PDF are those of Dominic Connolly and do not reflect the views held by Harriman House.

No responsibility for loss occasioned to any person or corporate body acting or refraining to act as a result of reading this page and the associated PDF can be accepted by Harriman House, by Dominic Connolly or by the employer of Dominic Connolly.