Top trades by New Zealand Sharesight users — January 2025

Welcome to the January 2025 edition of Sharesight’s monthly trading snapshot for New Zealand investors, where we look at the top 20 trades made by New Zealand 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 Sharesight users in New Zealand, while also giving us an opportunity to zoom into the most popular stocks and the market-moving news behind them.

Top trades in January 2025

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This month, the top trades were strongly led by the Smartshares US 500 ETF (NZX: USF), followed by NVIDIA (NASDAQ: NVDA) and the Smartshares NZ Top 50 ETF (NZX: FNZ). Overall, it was a strong month for ETF trading, with 9 of the top 20 trades consisting of ETFs. It’s also worth noting that the majority of these trades are buy trades, which is to be expected in an ETF-heavy snapshot. Overall, this snapshot suggests that many New Zealand Sharesight users are employing a long-term buy-and-hold strategy.

Most-traded stocks in January 2025

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This month’s top-traded stocks were led by NVIDIA (NASDAQ: NVDA), which lost almost US$600 billion in market value as investors panicked over the potential impact of Chinese AI startup DeepSeek. The top trades were followed by Rocket Lab (NASDAQ: RKLB), which announced a number of partnerships in January.

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

NVIDIA (NASDAQ: NVDA)

• NVIDIA share price suffers biggest one-day loss ever as concerns mount over Chinese AI startup DeepSeek
• NVIDIA share price meltdown highlights uncertain future for AI stocks

Rocket Lab (NASDAQ: RKLB)

• Rocket Lab to launch wildfire-monitoring satellites
• Signs 5-year contract to launch more hypersonic test vehicles for US military

Tesla (NASDAQ: TSLA)

• Tesla’s quarterly earnings miss expectations, with adjusted net income plummeting by 23%
• Pledges to build a cheaper vehicle

Apple (NASDAQ: AAPL)

• Will the Apple share price drop along with the plunging Chinese iPhone sales?
• Indonesia maintains ban on iPhone 16 despite Apple’s offer to build US$1.6 billion AirTag factory

Microsoft (NASDAQ: MSFT)

• Microsoft beats quarterly earnings estimates
• Share price falls on news of slowdown in cloud computing growth

Infratil (NZX: IFT)

• Infratil plans to invest further AU$250 million in Canberra Data Centers
• Infratil hit by global AI stock selloff fuelled by DeepSeek

Palantir Technologies (NASDAQ: PLTR)

• Palantir expected to deliver YoY increase in earnings in upcoming earnings report
• Declared the S&P 500’s top-performing stock of 2024

Taiwan Semiconductor Manufacturing (NYSE: TSM)

• Trump threatens to impose 100% tax on foreign semiconductors
• Taiwanese govt. says semiconductor business between US and Taiwan is a “win-win” for both sides

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FURTHER READING

• Subscribe to Sharesight20 trading snapshots
• How Sharesight calculates your investment performance
• Sharesight users' top trades – December 2024