What did smart investors buy and sell in the June quarter

The buying and selling moves of well-known investors of Dalal Street are keenly watched every quarter. ET takes a look at the changes in holdings of investors such as Rakesh Jhunjhunwala, Dolly Khanna, Vijay Kedia, Ashish Kacholia and Anil Kumar Goel in the quarter ended June 30.

The big change in Rakesh Jhunjhunwala’s portfolio was Titan, in which he has pared stake by 1.4 per cent. Jhunjhunwala told ETNow recently that he sold Titan shares to make an alternative investment in an unlisted company.

Chennai-based Dolly Khanna increased stake in Som Distilleries in the June quarter; while value investor Anil Kumar Goel stayed positive on Dhampur Sugar, adding 0.2 per cent. Ashish Kacholia, known for his multi-bagger mid- and small-cap picks, increased his holding in Shaily Engineering by 1.7 per cent. Amid the rout in midaps, noted investor Vijay Kedia increased stake in Everest Industries and Vaibhav Global.

Some new companies also figured in the portfolios of these investors as well. Holding data of public investors include names of those who held over 1 per cent of the total shares. They may have held no stake or less than 1 per cent stake earlier. Dolly Khanna’s name showed up among holders of over 1 per cent stake in Muthoot Capital Services and Selan Exploration in the June quarter.

Rakesh Jhunjhunwala held 1.22 per cent in Orient Cement at the end of June quarter, the company’s shareholding data showed. Vijay Kedia held 1.01 per cent in Kokuyo Camlin at the end of June.