Top trades by Australian Sharesight users — January 2026

Welcome to the January 2026 edition of Sharesight’s monthly trading snapshot for Australian investors, where we look at the top 20 trades made by Australian Sharesight users. Below we will look at the top trades overall, plus the top trades in individual stocks, which allows us to observe the broader investment trends by Australian Sharesight users, while also giving us an opportunity to zoom into the most popular stocks and the market-moving news behind them.

Top trades in January 2026

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This month, the top trades were led by Vanguard’s MSCI Index International Shares (ASX: VGS) and iShares’ S&P 500 (ASX: IVV) ETFs. In terms of individual equities, the most-traded stock was WiseTech Global (ASX: WTC), which saw its share price steadily decline throughout the month. It was an extremely ETF-heavy month overall, with almost the entire top 10 trades consisting of ETFs. The exception is the Global X Physical Silver product (ASX: ETPMAG), which is an exchange-traded commodity that has made it into the top trades for the first time amid skyrocketing silver prices.

Most-traded stocks in January 2026

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This month’s top-traded stocks were led by WiseTech Global (ASX: WTC), with many Sharesight users buying the dip. The top trades were followed by CSL (ASX: CSL), which has been trading at multi-year lows after a challenging 2025 that saw the share price plummet almost 40%.

It should be noted that the assets in our trading snapshots are ordered by the number of Sharesight users trading that asset, while the size of the bars indicate the actual trade volume. So while there were more customers trading in WTC, the volume of NVDA trades was higher, meaning that while there were fewer people trading in NVDA compared to WTC, they made more trades.

Let’s look at some of the market-moving news behind some of this month’s top stocks:

WiseTech Global (ASX: WTC)

• WiseTech announces plans to acquire Centre for Customs and Excise Studies
• Plans to invest in charity rescuing Grok Academy, despite scandal
• Could WiseTech shares reach new highs in 2026?

CSL (ASX: CSL)

• CSL share price plunged 39% in 2025
• Could the CSL share price hit $300 in 2026?

BHP (ASX: BHP)

• BHP share price hits two-year high following half-year update
• BHP edges closer to dethroning CBA as highest-valued stock on the ASX 200

NVIDIA (NASDAQ: NVDA)

• Chip stocks soar as China approves sale of NVIDIA’s H200 chips
• NVIDIA shares could be impacted by OpenAI’s IPO plans

Droneshield (ASX: DRO)

• Droneshield share price falls alongside shrinking sales pipeline
• CEO forced to explain AU$50 million stock sale
• Droneshield shares plunge as market sentiment shifts

Woodside Energy (ASX: WDS)

• Woodside shares rise following record-breaking production numbers
• Woodside flags decrease in production for 2026
• Asian LNG importers are concerned about Woodside’s CEO succession plan

Microsoft (NASDAQ: MSFT)

• Microsoft reports strong Q2 results, despite slowing cloud business
• Share price drops as investors remain skeptical about AI spending

Tesla (NASDAQ: TSLA)

• Tesla share price keeps rising despite weakening sales outlook
• SpaceX considers merger or tie-up with Tesla or xAI before stock market float
• Tesla expects to double spending in 2026, investing in robotics and driverless technology

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FURTHER READING

• Subscribe to Sharesight20 trading snapshots
• How Sharesight calculates your investment performance
• Sharesight users' top trades – December 2025