Investments by superstar investors like RARE Enterprises, Ashish Kacholia, Sunil Singhania, and Vijay Kedia are closely tracked by investors for valuable insights about the market. Their buys and sells help investors identify potentially profitable sectors and stocks. Here we look at the buys made by these superstar investors during Q4FY24.
(You can now also invest in shadow superstar baskets available on Starfolio, which are updated and rebalanced as per Trendlyne's superstar portfolios).
In Q4, even superstar investors got a little spooked by the volatile market, and made fewer additions and more stake sales. The chart below shows the changes in superstar investors' current portfolio net worth. Note that net worth reflects both changes in current holdings as well as new buys and sells.
Some superstars see a fall in their net worth in Q4FY24
The public portfolio of each superstar investor reflects their investing style and preferred approaches. The following chart gives a breakdown of the dominant sectors in each investor’s portfolio.
Sectors preferred by superstars
Industry preferences vary among these investors – RARE Enterprises leans towards the textiles apparels & accessories sector, while Ashish Kacholia and Sunil Singhania favour the general industrials sector. Vijay Kedia’s preferred industry is telecom services.
RARE Enterprises increases stake in a realty stock
Rakesh Jhunjhunwala’s portfolio, currently managed by Rekha Jhunjhunwala and RARE Enterprises, grew by around 7% QoQ to Rs 51,742.8 crore by the end of Q4FY24. During the January-March quarter, the firm did not add any new stocks to its portfolio and increased its stake in just one company – realty stock Valor Estate (formerly DB Realty), buying a 1.7% stake. It now owns 4.7% of the company. The company’s share price rose by 166.2% over the past year.
Rare Enterprises buys a 1.7% stake in Valor Estate
Ashish Kacholia adds small and micro-cap companies to his portfolio
Ashish Kacholia’s net worth rose by 5.7% QoQ to Rs 2,920.4 crore in Q4FY24. During the quarter, he added five new stocks to his portfolio. He acquired a 6.5% stake in Cosmic CRF. The iron and steel products manufacturer’s share price has risen by 34.8% in the past six months. He also bought a 3.2% stake in each Walchandnagar Industries (industrial machinery company) and Sanjivani Paranteral (pharma company).
Ashish Kacholia buys stakes in Cosmic CRF, Man Industries and others in Q4
Kacholia also added Man Industries (India), buying a 2.1% stake in the iron and steel products manufacturer. He also introduced Megatherm Induction, an industrial machinery producer, into his portfolio during the quarter and now holds a 1.7% stake.
The ace investor bought a 0.4% stake in Basilic Fly Studio and now holds a 2.8% in the movies and entertainment company. Kacholia increased his stake in Zaggle Prepaid Ocean Services (IT software and services) to 2.4% by buying 0.2% during the quarter. He also bought an additional 0.12% stake in Brand Concepts, taking his holding to 1.56% in the specialty retail company.
Sunil Singhania’s Abakkus Fund adds a minor stake in Hindware Home Innovation
Sunil Singhania’s Abakkus Fund saw its net worth fall marginally by 0.3% QoQ to Rs 2,831.6 crore in Q4FY24. The fund didn’t make any significant buys and its activity this quarter was limited to adding minor stakes to current holdings. It increased its holdings in household appliances manufacturer, Hindware Home Innovation, to 4.5% from 4.4% held previously. In the past year, its share price has fallen by 8.6%.
Abakkus also added minor stakes in Shriram Pistons & Rings and IIFL Securities. It now holds 2.3% in the industrial machinery company and 3.3% in the capital markets company.
Vijay Kedia adds three companies to his portfolio
Vijay Kedia’s net worth decreased by 15.8% QoQ to Rs 1,242.7 crore in Q4FY24. Kedia added three new stocks to his portfolio during the quarter. He bought a 2.9% stake in airline company Global Vectra Helicorp during the quarter. Its share price rose by 273.9% in the past year.
Vijay Kedia adds Global Vectra, Mahindra Holidays & Reliance Infra in Q4
The marquee investor now holds a 1% stake in Mahindra Holidays & Resorts India. He had cut his stake in the hotel company to below 1% in Q3FY24. He also added Reliance Infrastructure, an electric utility company, by buying a 1% stake.
Dolly Khanna adds three new companies to her portfolio
Dolly Khanna’s net worth increased by 15% QoQ in Q4FY24 to Rs 490.5 crore, she publicly holds 19 companies. During the quarter, the ace investor continued to expand her portfolio by adding two new companies and raising stakes in six others. Among her new investments, she bought a 1.1% stake in the housing finance company Repco Home Finance. The share price of these companies zoomed 174.4% in the past year. Khanna also added Selan Exploration Technology, an oil exploration & production company by buying a 1% stake.
Dolly Khanna adds two stocks to her portfolio
During the quarter, Khanna bought a 0.6% stake in sugar stock Zuari Industries, taking her holding to 1.8%. The ace investor added a 0.3% stake in finance (including NBFCs) company Ujjivan Financial Services taking her holding to 1.4%. She bought around 0.1% stake each in construction & engineering company J Kumar Infraprojects , sugar stock KCP Sugar & Industries Corp, fertilizer company Mangalore Chemicals, and hotels company Savera Industries.
Porinju Veliyath expands his portfolio with new additions
Porinju Veliyath’s net worth decreased by 15% QoQ to Rs 191.1 crore in Q4FY24. During the quarter, he added three new companies to his portfolio, and increased investments in one company. The investor added airlines company TAAL to his portfolio in the latest quarter by buying a 1.1% stake. Porinju also bought a 1.7% stake in containers & packaging firm Mitsu Chem Plast.
Porinju adds TAAL Enterprises and Mitsu Chem to his portfolio
Porinju continued to increase his holding in pharma company Kerala Ayurveda, by adding a 0.4% stake. He currently holds a 5.2% stake in the company. Its share price has risen by 209.7% in the past year.
