Institutional Shareholders of Foxtons28 Jan 2025 10:25
Just looking at the latest list and as mentioned on the other chat board, JP Morgan have increased their shareholding this month to 16,120,346 shares or just over 5% of the company so it remains that the largest 20 institutional shareholders of Foxtons are either US banks or hedge funds.
And just one reduction in holdings, oh dear Converium Capital whom were pushing for a sale of the company back in 2023 have reduced their by just over 3m shares.
Looks like they fell for that 20% manipulated drop back in October, I knew someone would fall for it and so did the market, easy money for them !!
As I've been saying on here top up on any drops if funds allow, I've added a few over the last year not big trades but loads of small ones to keep my holding rising steadily.
Best hold in ages and no need to worry, MM's have to make money by calling stocks up and down to make a living and to save their jobs so expect more of the same going forward.