Sharesight20 - Top 20 trades on the NZX in 2018
Our Sharesight20 snapshots of the top 20 trades on the ASX and NZX markets by Sharesight users always make for interesting reading. In this post we’ll explore the top 20 trades on the NZX in 2018 and build a Sharesight portfolio of these 20 shares to find out how it would have performed during the year.
Sharesight20 top 20 NZX trades 2018
Sharesight users overwhelmingly look to gain exposure to the NZX market through ETFs. In 2018 the Smartshares NZ Top 50 Fund, US 500 Fund, and NZ Mid Cap fund claimed the top 3 positions on the Sharesight20NZX for the year.
The most traded stock that was not an ETF that made the 2018 Sharesight20NZX snapshot was market darling The a2 Milk Company Limited, followed by Auckland International Airport Limited, and Heartland Bank Limited. Let’s explore how the investment returns a portfolio built from these stocks would have performed in 2018 before we dive in to some of the news behind the interest in these stocks.
Sharesight20NZX 2018 portfolio performance
Dividends really saved the performance of our Sharesight20NZX 2018 portfolio, with capital gains in the negative for the year. Here’s how the portfolio would have performed.
| Sharesight20NZX 2018 - Performance Report 2018-01-01 through 2018-12-31 | ||||
|---|---|---|---|---|
| Code | Name | Capital Gain % | Dividends % | Total Return % |
| AIA | Auckland International Airport Limited | 10.80% | 4.66% | 15.46% |
| AIR | Air New Zealand Limited (NS) | -2.82% | 9.58% | 6.76% |
| ATM | The a2 Milk Company Limited | 38.17% | 0.00% | 38.17% |
| FBU | Fletcher Building Limited | -35.79% | 0.00% | -35.79% |
| FNZ | NZ Top 50 Fund (NS) | 2.31% | 4.38% | 6.68% |
| FPH | Fisher & Paykel Healthcare Corporation Limited | -9.41% | 2.15% | -7.25% |
| GNE | Genesis Energy Limited (NS) | 3.57% | 8.79% | 12.36% |
| HBL | Heartland Bank Limited | 1.15% | 4.33% | 5.48% |
| IFT | Infratil Limited | 9.94% | 6.83% | 16.77% |
| MCY | Mercury NZ Limited (NS) | 8.16% | 6.22% | 14.38% |
| MDZ | NZ Mid Cap Fund (NS) | 1.42% | 4.68% | 6.09% |
| MEL | Meridian Energy Limited (NS) | 16.41% | 8.22% | 24.63% |
| OCA | Oceania Healthcare Limited | 1.90% | 4.48% | 6.38% |
| PPH | Pushpay Holdings Limited | -24.46% | 0.00% | -24.46% |
| SPK | Spark New Zealand Limited | 14.33% | 8.90% | 23.22% |
| STU | Steel & Tube Holdings Limited | -41.90% | 4.63% | -37.28% |
| SUM | Summerset Group Holdings Limited | 15.82% | 2.38% | 18.20% |
| THL | Tourism Holdings Limited | -14.88% | 5.78% | -9.10% |
| USF | US 500 Fund (NS) | -1.73% | 0.34% | -1.39% |
| ZEL | Z Energy Limited | -28.42% | 6.23% | -22.19% |
| TOTAL | -1.77% | 4.63% | 2.86% | |
Sharesight20NZX 2018 company news
The A2 Milk Company Limited (NZX: A2M)
- Expanded US business to the North East
- No Change in the existing Synlait and A2 Milk infant formula supply arrangement
- Expanded into South Korea
- Agreed to extension of supply agreement with Synlait Milk
Meridian Energy Limited (NZX: MEL)
- Whakatane district council to investigate renewable energy with Meridian
- Announced plans to replace unfair prompt payment discounts with guaranteed discount with guaranteed discount for all customers
- Brought global EV expert to New Zealand to meet with stakeholders
Spark New Zealand Limited (NZX: SPK)
- Announced coverage of Rugby World Cup 2019 with TVNZ
- Announced it will invest 50% share of subsidiary connect 8
- Expanded its role in sports media market with Premier League football and Manchester United TV channels
- NZ Government Communications Security Bureau declined Sparks proposal to use Huawei 5G equipment
Summerset Group Holdings Limited (NZX: SUM)
- Purchased land for second Napier village
- Purchased land for second new Plymouth village
- Purchased land for first Tauranga village
- Became the first NZ retirement village provider certified for CEMARS
Infratil Limited (NZX: IFT)
- Tauranga energy consumer trust ended consultation process with decision to not continue with TECT resettlement
- Longroad energy confirmed sale of Texas wind farm to Sammons Renewable Energy
Steel and Tube Holdings limited (NZX: STU)
- Assessed proposal for sale of Blenheim road property
- Responded to court hearing over SE62 500E grade steel mesh (judge reserved his decision)
- Confirmed bank waiver and property settlement over $21 million Christchurch deal
- Received a revised non-binding indicative offer (NBIO) of $1.90 to acquire S&T from Fletcher Building
Fletcher Buildings Limited (NZX: FBU)
- Waiver granted by US Private Placement noteholders
- Successfully completed intuitional entitlement offer
- Exited Sims pacific metals joint venture
- Announced sale of Formica division
Pushpay Holdings Limited (NZX: PPH)
- Announced they had achieved US$100 Million ACMR target
- Welcomed Guy Weismantel as Chief Marketing Officer
- Bookbuild launched to facilitate sell down as Pushpay Co-founder, Executive Director and Sales Executive, Eliot Crowther sold down holdings ahead of resignation
- Delivered on revenue guidance, 52.6% increase YoY
Z Energy Limited (NZX: ZEL)
- Entered refinery optimization and procurement arrangement with Refining
- NZ and Mobil Oil New Zealand
- Announced investment in Flick Electric
- Welcomed government announcement on fuel market study
- Announced plans to participate in the government inquiry into the Auckland fuel disruption
Fisher & Paykel Healthcare corporation limited (NZX: FPH)
- Research showed efficacy of optiflow NHF
- Filed ITC patent infringement complaint against ResMed
- Announced new chief financial officer
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