RE: Funds and institutions holdings9 Jan 2021 11:53
Wilson, I think he means must declare over 0.05% which is 37000 shares. In other words there might be 100 or so institutions on 0.04% that we don't know about (making up 4% of the company).
As it happens I don't think funds tend to update regularly between 0.05% and 3%, the threshold in which they then legally must submit a TR1.