Mutual Funds that Owned Shares of Financial Technologies

Mutual funds owning FT stock are largely from the Reliance and Birla stable, it seems. Going purely from the shareholding on Jun 30 (the last we have) the shares they own are as follows, aggregated by AMC.

Note that all of these are shares held on behalf of mutual fund holders.
In Bulk trades yesterday a few of the top shareholders exited their stake. Remember, anyone trading more than 0.5% of the days volume will get reported as bulk trades. Looking at the NSE and BSE together it seems that Birla and Reliance have exited part of their portfolio. (If the others were to exit, they would be too small to be reported in bulk trades, so it’s likely that they’ve exited as well)

Amal Parikh is probably related to the guys at Pivotal Securities, a firm that owns a large stake in FT.
Note that Birla sold at Rs. 271, which Reliance sold (in both BSE and NSE) at about 212. (Current prices are around Rs. 150)
Every single mutual fund scheme has a different account, and many funds have very tiny holdings, so their sales will also be invisible right now.
I’m saying that because you shouldn’t rush to sell the following mutual funds, which have reported holdings of FT as of Jun 30. Just for reference:

AMC	Fund	Shares	% of portfolio
Reliance	Reliance Growth Fund - RP	19,80,807	3.41%
Birla SL	Birla SL Frontline Equity	4,70,196	1.16%
Reliance	Reliance Equity Fund - RP	3,13,236	2.49%
Birla SL	Birla Sun Life Midcap Fund	2,46,676	1.80%
Birla SL	Birla Sun Life Equity Fund	1,04,811	1.25%
Reliance	Reliance RSF - Balanced	1,01,220	1.46%
Birla SL	Birla Sun Life 95 Fund	86,487	1.16%
Birla SL	Birla SL Special Situations	43,142	2.44%
Birla SL	Birla Sun Life Top 100	41,343	1.06%
Birla SL	Birla SL Intl. Equity - B	39,210	1.97%
Birla SL	Birla SL Advantage Fund	34,206	0.96%
Birla SL	Birla SL India GenNext	15,510	0.84%
Religare	Religare Invesco Tax Plan	12,442	0.72%
Birla SL	Birla SL Small and Midcap Fund	10,225	0.87%
Reliance	Reliance Growth Fund - IP	8,908	3.41%
Religare	Religare Invesco Contra	7,363	1.21%
Reliance	Reliance Growth Fund -Direct	7,303	3.41%
ING	ING Multi-Mgr Eqty -A	5,560	2.37%
Religare	Religare Invesco Mid Cap	5,040	0.78%
Birla SL	Birla SL Long Term Advan.	4,989	0.29%
Birla SL	Birla SL Frontline Eqty-Direct	4,044	1.16%
Birla SL	Birla SL New Millennium	3,202	0.56%
Birla SL	Birla Sun Life MIP	2,950	0.17%
Religare	Religare Invesco Mid N SmallCap	2,597	0.75%
Birla SL	Birla SL Midcap Fund -Direct	1,210	1.80%
Reliance	Reliance RSF - Balanced -Direct	936	1.46%
Birla SL	Birla SL India GenNext-Direct	675	0.84%
Birla SL	Birla SL Top 100 - Direct	665	1.06%
Birla SL	Birla SL 95 Fund -Direct	658	1.16%
Goldman	GS CNX 500 Fund	491	0.06%
Birla SL	Birla SL Equity Fund -Direct	381	1.25%
Birla SL	Birla SL Advantage Fund -DIrect	310	0.96%
Birla SL	Birla SL Small & Midcap -Direct	215	0.87%
Reliance	Reliance Equity Fund -Direct	156	2.49%
Religare	Religare Invesco Mid N Small-DP	50	0.75%
Religare	Religare Invesco Tax Plan - DP	50	0.72%
Religare	Religare Invesco Contra - Dir	30	1.21%
Religare	Religare Invesco Mid Cap-Direct	27	0.78%
Birla SL	Birla SL Special Situat.-Direct	22	2.44%
Birla SL	Birla SL Intl. Equity B -Direct	13	1.97%
Birla SL	Birla SL MIP - Direct	10	0.17%
Goldman	GS CNX 500 Fund - Direct	7	0.06%
Birla SL	Birla SL New Millennium-Direct	6	0.56%
Birla SL	Birla SL Long Term Adv. -Direct	2	0.29%
ING	ING Multi-Mgr Eqty-A -Direct	2	2.37%

(Source: Moneycontrol)

Big Investors Lose 400 cr. as FT Crashes 65%. Who Lost What?

Financial Technologies (FT) lost over 1,600 cr. in market cap today.

The impact will be felt by many, including many of us who indirectly own stakes through mutual funds which own this stock. Let’s see who’s impacted.The share ended the day at Rs. 191, down 65%, one of the largest falls in a single day for a stock on the exchange.

Shareholders of Financial Technologies


Major shareholders own around 25% of FT. (Only from the last quarterly shareholding pattern as of June 30, 2013)

Shareholders (FT)	Shares (Lakh)	Impact (Cr)	% of Company
Ravi and Bharat Sheth	37.97	-132.21	8.24%
Pivotal Securities (Prof. Mankekar?)	5.65	-19.67	1.23%
FIIs (FT)
Blackstone	32.36	-112.68	7.02%
Citi Venture Cap	19.76	-68.80	4.29%
Acacia	14.25	-49.62	3.09%
Fidelity	5.02	-17.48	1.09%

The Sheth brothers (who own Great Eastern Shipping) have lost a packet today with a hit of over R. 130 crores.Pivotal Securities is rumoured to be owned by Professor Shivanand Mankekar, a value investor of some repute, and who’s lost about 20 cr. today. However, Prof. Mankekar will have other things on his mind, as his other shares like Strides Arcolab and Wockhardt (continuous lower circuits) are doing really badly.FIIs have seen a mark to market hit of over 250 cr. today.

Shareholders of MCX Limited

MCX – the Commodities exchange and a part owner of MCX-SX – is owned by a large number of players. The stock stayed at the lower circuit at 20% down all day. It’s now half of the IPO price at 510

Shareholders (MCX)	Shares (Lakh)	Impact (Cr)	% of Company
Times Group	11.44	-14.64	2.25%
NSE	12.5	-16.00	2.45%
IFCI	24.42	-31.26	4.79%
NABARD	15.63	-20.01	3.06%
Corporation Bank	15.05	-19.26	2.95%
HDFC Bank	5.25	-6.72	1.03%
Bank of India	5.25	-6.72	1.03%
Union Bank of India	5.25	-6.72	1.03%

The impact to banks is tiny, but an entity such as the Times group (Bennett Coleman) is only surprising because it’s also a shareholder in the continuously falling Gitanjali Gems.Foreign investors own 31% of MCX and have lost around 200 cr. today
.

FIIs	Shares (Lakh)	Impact (Cr)	% of Company
Blackstone	10.2	-13.06	2.00%
Citi Venture Cap	19.76	-25.29	4.29%
Passport Capital	25	-32.00	4.90%
Fidelity	25.5	-32.64	5.00%
Singapore Govt	5.5	-7.04	1.08%
Intel Capital	8.27	-10.59	1.62%
Merrill Lynch	14.25	-18.24	2.79%
Aginyx Cyprus	24.42	-31.26	4.79%
EuroNext	24.13	-30.89	4.73%

Coming soon: Mutual Funds that owned FT and MCX.