Fund Sentiment Leaderboard: New Zealand
This Fund Sentiment Leaderboard for New Zealand provides much of the same data as our Global Fund Sentiment Leaderboard, but focused on individual countries.

The Fund Sentiment Leaderboard uses an advanced quantitative model to find the companies being acquired by large funds (hedge funds, pension funds, etc).

This model is a proprietary, multifactor model that uses a number of factors, including the increase in the number of disclosed owners and the changes in average allocation across disclosed owners. The number ranges from 0 to 100, with higher numbers indicating a higher level of accumulation to its peers, and 50 being the average.

Owners Count is the total number of entities that have disclosed positions in the company. The Owners Count Percent Change is the percent change in this count during the last 90 days. Average Allocation is the average portfolio allocation disclosed by all owners of the security. The Allocation Change (%) is the average percent change in allocation between filings.

Allocation Change
This is the average change in allocation during the last reporting period. It is calculated as current allocation - prior allocation
Allocation Change %
This is the average percent change in allocation during the last reporting period. It is calculated as (current allocation - prior allocation) / prior allocation
Country Rank Global Rank Company Market Cap (MM) Prior Owners Count Owners Count Owners Count Change (%) Allocation (%) Allocation Change Allocation Change (%) Fund Sentiment Score
1 323 VGL / Vista Group International Limited 723.67 19 21 10.53 0.0564 0.0455 416.52 94.56
2 1272 ATM / The a2 Milk Company Limited
The a2 Milk Company Limited, based in New Zealand, operates within the dairy sector, primarily focusing on the production and commercialization of A2 protein-only milk products. Unlike traditional dairy items, their products are derived from cows that naturally produce milk containing only the A2 type of beta-casein protein, which is touted as being easier to digest for some consumers. This differentiation has positioned the company strategically in both domestic and international markets, including Australia, China, and the U.S., focusing on premium dairy products that cater to health-conscious consumers. Key projects involve expanding its market share through strategic partnerships, enhancing supply chain efficiencies, and sustained investment in marketing and consumer education to drive global brand recognition and consumer adoption. 		7,382.43 48 52 8.33 0.0597 0.0166 38.42 90.06
3 2604 NZX / NZX Limited 473.09 24 27 12.50 0.0321 0.0036 12.84 85.28
4 5751 SUM / Summerset Group Holdings Limited 2,613.26 45 47 4.44 0.0908 0.0048 5.58 77.28
5 6207 AIR / Air New Zealand Limited
Air New Zealand Limited, based in New Zealand, operates predominantly in the aviation industry, providing passenger and cargo transport services globally. Established in 1940, the airline has grown to become the national flag carrier with a significant footprint in the Asia-Pacific region. Key projects that highlight the airline’s strategic direction include the recent fleet modernization initiative, where it aims to incorporate more fuel-efficient aircraft to reduce environmental impact and improve operational efficiency. Additionally, Air New​ Zealand is actively expanding its digital offerings to enhance customer service, including advanced check-in processes and improved in-flight entertainment options. These initiatives are part of its broader mission to maintain competitiveness and sustainability in the evolving aviation market. 		187 197 5.35 0.3165 0.0070 2.25 76.26
6 6461 PGW / PGG Wrightson Limited 181.92 11 11 0.00 0.0022 0.0005 27.57 75.62
7 6541 TRA / Turners Automotive Group Limited 629.26 12 12 0.00 0.0062 0.0013 25.79 75.40
8 6958 TWR / Tower Limited 572.06 21 21 0.00 0.1131 0.0123 12.20 74.46
9 7039 FBU / Fletcher Building Limited
Fletcher Building Limited, based in New Zealand, is a prominent company in the construction and building materials industry. Established in 1909, it has grown into a major entity that not only develops and manufactures building products but also participates significantly in residential and commercial construction, including infrastructure projects. Fletcher Building has undertaken numerous key projects, which include the construction of significant portions of New Zealand's infrastructure such as roads and commercial buildings. The company plays a vital role in addressing housing shortages, through both direct construction and by supplying critical materials. Fletcher Building's strategic focus on innovation and sustainability in building solutions continues to strengthen its market position in both local and international arenas. 		3,599.39 76 78 2.63 0.1280 0.0056 4.59 74.27
10 8194 GTK / Gentrack Group Limited 1,031.93 20 20 0.00 0.1340 0.0080 6.37 71.25
11 9908 VCT / Vector Limited 4,619.88 27 26 -3.70 0.0650 0.0132 25.52 66.91
12 9998 MEL / Meridian Energy Limited
Meridian Energy Limited, based in New Zealand, operates predominantly in the renewable energy sector, focusing primarily on electricity generation and retailing. As a leader in this field within its home country, Meridian's operations are centered around hydroelectric power generation and increasingly, wind energy projects. The company owns and operates seven hydro stations and several wind farms across New Zealand and Australia. Key projects include the Manapouri Power Station, one of the largest in New Zealand, which primarily services the Tiwai Point Aluminium Smelter. Meridian is committed to sustainable management of natural resources and has been integral in promoting renewable energy solutions, aiming to support both residential and commercial energy needs. 		14,960.48 200 197 -1.50 0.1643 0.0178 12.16 66.74
13 10453 POT / Port of Tauranga Limited
Port of Tauranga Limited, based in New Zealand, operates as the country's premier and largest port located in Tauranga. The company primarily engages in the maritime transportation industry, offering cargo and shipping services. It handles a diverse spectrum of cargoes, emphasizing container shipping along with bulk cargo operations. Port of Tauranga has expanded through key strategic initiatives, such as acquiring a 50% stake in PrimePort Timaru and developing significant infrastructure enhancements, like the extension of its container terminal. These developments are part of a broad strategy to enhance capacity and efficiency, solidifying its pivotal role in supporting New Zealand's international trade. The company's investment in technology and infrastructure underpins its commitment to maintaining a competitive edge in the maritime logistics sector. 		4,938.49 22 22 0.00 0.1072 0.0012 1.18 65.89
14 10833 IPL / Investore Property Limited 441.82 12 12 0.00 0.0085 0.0003 3.66 65.00
15 10939 MCY / Mercury NZ Limited
Mercury NZ Limited, based in New Zealand, operates predominantly in the electricity generation and retailing sector. As a significant player in renewable energy, Mercury primarily generates power through its extensive hydro and geothermal facilities, reinforcing its commitment to sustainability and low carbon emission technologies. Among its key projects, the company recently advanced its endeavors in geothermal energy with the development of the Turitea Wind Farm, further bolstering its generation capacity. This project aligns with Mercury's strategic focus on enhancing its renewable energy portfolio while ensuring the stability and efficiency of its supply, crucial for meeting the growing energy demands and environmental targets of New Zealand. 		9,271.90 170 125 -26.47 0.1694 0.0520 44.29 64.76
16 11370 SCL / Scales Corporation Limited
Scales Corporation Limited is a diversified agribusiness group based in New Zealand. Primarily rooted in the agriculture sector, the company operates across multiple divisions, including horticulture, food ingredients, and logistics. A significant aspect of its business involves the cultivation, processing, and international marketing of apples through its horticulture division, which is particularly renowned for its proprietary apple brands and orchard management techniques. Scales also engages in the production and export of pet food ingredients and other food products. Additionally, the company bolsters its operations with a robust logistics segment that provides essential transport and storage solutions. These integrated activities strategically position Scales Corporation Limited to capitalize on the growing global demand for high-quality food and agricultural products. 		748.49 28 28 0.00 0.0079 0.0006 8.20 63.72
17 11470 SKO / Serko Limited 329.03 13 13 0.00 0.0055 0.0004 8.00 63.43
18 11536 SPK / Spark New Zealand Limited
Spark New Zealand Limited is a telecommunications and digital services company based in New Zealand. As one of the largest companies in the country, Spark provides a comprehensive range of services including mobile and fixed-line telephony, internet access, and digital services to both consumer and business clients. Key initiatives include the rollout of 5G networks and the development of cloud-based solutions tailored for business applications, which underline its commitment to leveraging technology to foster innovation and enhance connectivity. Further, Spark is actively involved in sustainability projects aiming to reduce its environmental impact and promote digital inclusivity. This multi-faceted approach positions Spark New Zealand as a leader in transforming the digital landscape of New Zealand. 		4,725.00 140 89 -36.43 0.1609 0.0396 32.70 63.26
19 12154 CNU / Chorus Limited
Chorus Limited, based in New Zealand, operates within the telecommunications industry as a primary provider of broadband and telecommunication services. Established to manage the nationwide rollout of ultra-fast broadband, the company was split from Telecom New Zealand in 2011. Chorus has been instrumental in upgrading New Zealand’s internet infrastructure, undertaking significant projects such as the Ultra-Fast Broadband (UFB) initiative aimed at enhancing broadband connectivity across urban New Zealand. The UFB project, along with its complementary Rural Broadkill Initiative (RBI) for remote areas, significantly underscores its pivotal role in advancing New Zealand’s communication services to meet burgeoning demand and supporting economic growth through improved digital connectivity. 		4,282.47 43 37 -13.95 0.0858 0.0146 20.43 61.72
20 12780 GNE / Genesis Energy Limited 2,607.75 38 36 -5.26 0.0454 0.0042 10.18 59.90
21 12833 ARG / Argosy Property Limited 1,057.84 21 20 -4.76 0.0992 0.0072 7.80 59.72
22 13039 PCT / Precinct Properties NZ Ltd & Precinct Properties Investments Ltd 2,055.22 26 25 -3.85 0.1661 0.0085 5.36 59.27
23 14047 GMT / Goodman Property Trust 3,246.80 40 38 -5.00 0.1512 0.0036 2.41 55.15
24 17323 SAN / Sanford Limited 533.88 21 21 0.00 0.0745 -0.0010 -1.35 40.64
25 17457 CEN / Contact Energy Limited
Contact Energy Limited, based in New Zealand, operates as a significant player within the energy sector, primarily focused on the generation of electricity and the retailing of energy and gas. The company generates electricity through a diversified portfolio that includes geothermal, hydro, and thermal energy sources. An integral part of its project portfolio includes extensive geothermal operations and development projects aimed at enhancing sustainable energy capabilities. Noteworthy among these is the Tauhara Geothermal Power Station project, which emphasizes the company's commitment to increasing its renewable energy footprint while supporting New Zealand's broader energy requirements and environmental objectives. Contact Energy's strategic focus aligns with technological advancements and sustainable energy solutions, positioning it as a key contributor to the country's energy resilience and innovation in renewable resources. 		7,345.73 139 166 19.42 0.1181 -0.0213 -15.30 40.38
26 18016 FPH / Fisher & Paykel Healthcare Corporation Limited 21,754.51 251 251 0.00 0.2189 -0.0036 -1.61 39.17
27 18597 AIA / Auckland International Airport Limited
Auckland International Airport Limited, based in New Zealand, operates primarily in the aviation industry, focusing on providing airport facilities and related services. It is the largest and busiest airport in New Zealand, serving as a critical hub connecting various international and domestic routes. The company has embarked on significant capital development projects aimed at expanding and upgrading its infrastructure to support increased passenger and cargo traffic. Key initiatives include the implementation of advanced technology for better security and customer service, and the expansion of both its runway and terminal capacities. These strategic investments are designed to bolster the airport's long-term growth prospects and enhance its operational efficiency, ensuring it meets the evolving demands of global travel. 		12,787.43 209 210 0.48 0.2990 -0.0105 -3.38 38.09
28 19707 KPG / Kiwi Property Group Limited 49 50 2.04 0.0870 -0.0083 -8.76 36.23
29 22505 THL / Tourism Holdings Limited 537.27 18 18 0.00 0.0047 -0.0008 -14.54 31.38
30 22789 RBD / Restaurant Brands New Zealand Limited 349.32 16 16 0.00 0.0025 -0.0005 -16.67 30.74
31 22884 RYM / Ryman Healthcare Limited
Ryman Healthcare Limited is a prominent healthcare company based in New Zealand, primarily engaged in the design, development, and operation of retirement living and aged care facilities. Operating mainly in New Zealand and expanding its footprint in Australia, Ryman Healthcare stands out in the healthcare sector by providing a comprehensive range of services including independent living, serviced apartments, and hospital care. One of the key projects undertaken by Ryman Healthcare is the construction and operation of integrated retirement villages, which encapsulate a model of providing continuum of care from independent living to full nursing care. This approach not only supports the residents' changing needs but also leverages efficiencies in healthcare delivery within its facilities. 		2,597.23 64 66 3.12 0.0861 -0.0249 -22.45 30.56
32 23030 STU / Steel & Tube Holdings Limited 126.71 15 15 0.00 0.0025 -0.0005 -17.46 30.30
33 23278 IFT / Infratil Limited 11,418.58 159 155 -2.52 0.2249 -0.0036 -1.58 29.78
34 23616 HGH / Heartland Group Holdings Limited
Heartland Group Holdings Limited, based in New Zealand, operates predominantly in the financial services sector with a focus on banking and finance solutions. The company's structure facilitates specialized offerings across different markets, including business, rural, and household finance, as well as online savings and investment products. A hallmark of Heartland Group’s strategic endeavors includes its Heartland Bank subsidiary, which provides a range of banking services tailored to personal and commercial needs, and has a significant presence in online and mobile banking platforms. The company is notable for its involvement in innovative projects like digital lending platforms which streamline loan applications and approvals, positioning it as a leader in harnessing technology to enhance financial accessibility. 		893.10 24 24 0.00 0.0672 -0.0042 -5.82 29.11
35 24190 SKL / Skellerup Holdings Limited 980.36 23 23 0.00 0.2235 -0.0328 -12.79 28.06
36 24318 DGL / Delegat Group Limited 10 10 0.00 0.0455 -0.0088 -16.21 27.75
37 24400 OCA / Oceania Healthcare Limited 499.72 32 32 0.00 0.0560 -0.0129 -18.77 27.57
38 24583 WHS / The Warehouse Group Limited 21 21 0.00 0.0030 -0.0012 -28.18 27.24
39 24937 NZM / NZME Limited 216.09 19 19 0.00 0.0038 -0.0005 -11.83 26.39
40 25723 EBO / EBOS Group Limited
EBOS Group Limited is a prominent player in the healthcare and animal care industries, headquartered in New Zealand. The company has established itself as a key distributor and marketer of healthcare, medical, and pharmaceutical products across the Australasian region. EBOS Group Limited has diversified its operations to include significant investments in healthcare technology and logistics solutions, aiming to enhance the efficiency and effectiveness of the healthcare supply chain. Key projects include strategic acquisitions that expand its product range and market reach, such as the purchase of Terry White Group, which significantly boosted its presence in the pharmacy sector. The company's strategy focuses on growth through acquisition, coupled with an emphasis on sustainability and technological integration within its vast network of operations. 		6,452.56 73 73 0.00 0.1335 -0.0148 -9.96 24.48
41 25725 SKT / SKY Network Television Limited 430.92 34 33 -2.94 0.0086 -0.0008 -8.45 24.47
42 25805 HLG / Hallenstein Glasson Holdings Limited 24 23 -4.17 0.0081 -0.0006 -7.04 24.30
43 28741 KMD / KMD Brands Limited
KMD Brands Limited, headquartered in New Zealand, operates predominantly in the outdoor apparel and equipment sector. Established originally as Kathmandu Holdings Limited, the company has expanded through strategic acquisitions such as Rip Curl and Oboz Footwear, reinforcing its presence in global markets. KMD Brands focuses heavily on sustainably produced outdoor gear, targeting environmentally conscious consumers. Through its core projects, KMD Brands not only caters to adventurous outdoor activities but also actively engages in sustainability practices to minimize environmental impact. The company’s mission encapsulates offering innovative, quality products while fostering an ethical, sustainable business model that aligns with contemporary consumer values and market trends in the outdoor industry. 		27 26 -3.70 0.0040 -0.0013 -24.03 16.94
44 29765 SKC / SkyCity Entertainment Group Limited 539.05 42 40 -4.76 0.0436 -0.0131 -23.08 13.87
45 29924 CVT / Comvita Limited 52.87 11 10 -9.09 0.0002 -0.0001 -33.56 13.38
46 30661 MFT / Mainfreight Limited
6,432.62 47 45 -4.26 0.2057 -0.0829 -28.73 10.74