‘Big Whale’ Ashish Kacholia buys three new stocks, ups stake in four firms

Ace stock market investor Ashish Kacholia has been fairly active building and retuning his portfolio that is already worth over $250 million. In the quarter ended Dec. 31, he picked up at least three new stocks, marginally hiked his holding in four companies and cut partially or fully his stake in half a dozen portfolio companies.

Kacholia, who largely dabbles in the small-cap space, held at least 1% stake in 29 stocks as of Dec. 31, 2021. This includes a few companies that are yet to disclose their latest shareholding.

That said, the actual number of stocks he holds could be much higher including stocks where he holds a stake of less than 1%.

What Kacholia bought

Kacholia had added ten stocks to his portfolio during the three months ended Sept. 30. These were Kwality Pharmaceuticals, Somany Home Innovation, VRL Logistics, Ami Organics, Gateway Distriparks, Faze Three, Venus Remedies, Sastasundar Ventures, TARC and Xpro India.

He bought shares of three new companies last quarter. These were Igarshi Motors India, Yasho Industries and United Drilling Tools. Among these, his biggest exposure as on date appears to be in Yasho Industries.

These apart, he also bought additional shares of four existing portfolio companies: Faze Three, Ami Organics, Xpro India and Kwality Pharma. He had first bought all these stocks in the quarter ended Sept 30. This means he is bullish on these more than others.

What Kacholia sold

It was not all buy-buy activity for Kacholia last quarter. He also snipped his stake or exited at least six companies during the three months ended Dec. 31.

He cut his holding marginally in NIIT Ltd, HLE Glasscoat, Mold-Tek Packaging, Vishnu Chemicals and Vaibhav Global.

His stake in Venus Remedies fell below 1% last quarter. This could mean he completely exited them or cut his stake while retaining a small position.

Status quo

Meanwhile, he maintained his position at the same level in stocks such as ADF Foods, Ador Welding, VRL Logistics, Shaily Engineering Plastics, Safari Industries, Acrysil and TARC.