What stocks did ‘Big Whale’ Ashish Kacholia buy and sell in July-September?

Ace stock market investor Ashish Kacholia has been fairly active building and retuning his portfolio that is already worth over $200 million. In the last quarter ended September 30, he bought as many as ten stocks, marginally hiked his holding in four companies and cut partially or fully his stake in just over half a dozen companies.

Kacholia, who largely dabbles in the small cap space, held at least a 1% stake in 27 stocks as of September 30, 2021. That said, the actual number of stocks he holds could be much higher including stocks where he holds under 1% stake.

What Kacholia bought

Kacholia seems to have added at least ten stocks to his portfolio last quarter. These are Kwality Pharmaceuticals, Somany Home Innovation, VRL Logistics, Ami Organics, Gateway Distriparks, Faze Three, Venus Remedies, Sastasundar Ventures, TARC and Xpro India.

Among these, his biggest exposure as on date appears to be in Somany Home Innovation, VRL Logistics, Ami Organics and Gateway Distriparks. In all these companies, his stake is worth around Rs 50 crore each.

These ten new stocks themselves comprise nearly a fifth of his portfolio in terms of value.

These apart, he also bought additional shares of four existing portfolio companies: Ador Welding, Beta Drugs, Garware Hi-Tech Films and IOL Chemicals.

Kacholia, who has held Beta Drugs for a while now, has been slowly pushing up his holding in the scrip over the last couple of years consistently.

Ador Welding, Garware Hi-Tech Films and IOL Chemicals are stocks that he had added to the portfolio in the recent past and has doubled down on them, indicating a bullish stance.

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 September 30.

He cut his holding marginally in Mastek and Shaily Engineering. His holding in snacks maker DFM Foods, Apollo TriCoat, Apollo Pipes, Birlasoft and Caplin Point fell below 1% last quarter. This could mean he either completely exited them or cut his stake while retaining a small position.

Status quo

Meanwhile, he maintained his position at the same level in ten stocks. These were NIIT, Mold-Tek, Vaibhav Global, Acrysil, Vishnu Chemicals, ADF Foods, Philips Carbon Black, Poly Medicure, HLE Glasscoat and luggage goods maker Safari Industries.