Superstar investors with large portfolios bought stakes in some interesting companies in Q4FY22. We take a look at the stocks which Superstar investors bought or added to their portfolios this quarter.
The tumultuous first few months of 2022 meant that most Superstar investors other than Rakesh Jhunjhunwala, Dolly Khanna, and Ashish Kacholia saw the value of their public portfolios shrink. By the end of FY22, Jhunjhunwala’s portfolio value had risen by more than Rs 9,000 crore while Khanna’s value increased as she went on a buying spree.
No new stocks in Rakesh Jhunjhunwala’s portfolio
Rakesh Jhunjhunwala’s consolidated net worth at the end of Q4FY22 was Rs. 33,753.9 crore. The ace investor added a 0.4% stake in Canara Bank to take his stake to 2%. Canara Bank’s shares gained 74% in the past year as of April 26, 2022. The ace investor raised his stake in Jubilant Pharmova by 0.5% to 6.8%, and in Indiabulls Housing Finance by 0.2% to 1.3% in Q4FY22. Indiabulls Housing Finance and Jubilant Pharmova’s shares are down 10.3% and 40.3%, respectively, over the past year. It appears the ‘Big Bull’ is optimistic about the two companies moving forward despite the stocks correcting this year.
Sunil Singhania’s Abakkus Fund picks up minor stakes in small-cap stocks
Sunil Singhania’s Abakkus Fund’s net worth in Q4FY22 was Rs 2,257.6 crore. Abakkus Fund bought an additional 1.1% stake in Rupa & Company in Q4FY22. Rupa & Company is a knitwear brand that produces casual wear, sleepwear, and thermal wear. His fund also bought an additional 0.4% stake in the precision engineering company Dynamatic Technologies.
In Q4FY22, Singhania’s Abakkus Fund also added minor stakes in small-cap companies, including a 0.1% increase to take his stake in Rajshree Polypack to 7.8%, and a 0.1% stake to take his stake in The Anup Engineering to 5.7%. He also bought a 0.1% stake in IIFL Securities to take his stake in the company to 3.2%.
Ashish Kacholia adds four new companies to his portfolio
Ashish Kacholia’s net worth in Q4FY22 was Rs 1,948.8 crore. Kacholia bought a 2.8% stake in IT services company Creative Newtech during the quarter. He also picked up a 1.8% stake in Stove Kraft, a household appliances manufacturer, and a 1.8% stake in Fineotex Chemical and bought a 1.4% stake in Gravita India, which makes lead metal and lead products.
The marquee investor also added a 0.7% stake in the polymer processing company Xpro India increasing his holding to 3.6%. He bought an additional 0.2% stake in Yasho Industries. There were four other stocks where he increased his stake by a small amount like Ami Organics, United Drilling Tools, Faze Three, and La Opala RG.
Dolly Khanna buys stakes in fertilizer, metals, and textile companies in Q4FY22
Dolly Khanna went shopping in Q4FY22. She scooped up stakes in two metal and mining companies–Pondy Oxides & Chemicals (a 3.6% stake) and Sandur Manganese & Iron Ores (a 1.5% stake). This was probably in anticipation of a surge in commodity prices due to the conflict in Europe. The stocks gave a 3.8X and 3.5X return, respectively, in the past year.
Khanna also bought stakes in two agrochemical and fertilizer companies–Sharda Cropchem (a 1.4% stake) and Khaitan Chemicals and Fertilizers (a 1% stake) Both these companies gave a 2.3X and 6X return respectively over the past year. She also bought a 1.4% stake in Goa Carbon and a 1.1% stake in Nahar Spinning Mills.
Dolly Khanna also raised her stakes in multiple companies in Q4FY22, including three fertilizer producers – Rama Phosphates by 0.3% to 2.6%, Mangalore Chemicals & Fertilizers by 0.2% to 1.7%, and Aries Agro by 0.1% to 1.3%.
She also raised her stake in two textile companies, RSWM by 0.1% to 1.3% and Nitin Spinners by 0.1% to 1.8%. She appears bullish on the fertilizer and textiles sectors. She also added stakes in a host of other companies, which include Prakash Pipes, Butterfly Gandhimathi Appliances, Ajanta Soya, Simran Farms, Polyplex Corporation, New Delhi Television, and Control Print.
Porinju V Veliyath raises stake in Kaya and Taneja Aerospace & Aviation
Porinju V Veliyath-led Equity Intelligence India added a 0.2% stake in Kaya to take his stake to 1.5% and added a 0.1% stake in Taneja Aerospace & Aviation to take his stake to 1.2%. Kaya is engaged in skincare, haircare, and body care treatment, and the stock gained 38.3% over the past year. Taneja Aerospace & Aviation is engaged in the manufacture and sale of various parts and components to the aviation industry. This stock gave an over 5X return in the past year.
Radhakishan Damani adds a marginal stake in VST Industries
Radhakishan Damani’s net worth in Q4FY22 was Rs 1,73,822 crore. This also includes his stake as a promoter in Avenue Supermarts. The ace investor bought a minor 0.1% stake in VST Industries bringing his total stake in the company to 32.3%. His total stake in the company is divided between him and his companies Derive Trading And Resorts, and Bright Star Investments.
Vijay Kishanlal Kedia loads up on Elecon Engineering
In Q4FY22, Vijay Kishanlal Kedia added a minor stake in Elecon Engineering Company and Vaibhav Global taking his holding up to 1.2% and 1.9%, respectively. The stocks rose 32.9% and 25.9%, respectively since the end of Q4FY22.
