Broker data, page-3

My interpretation of the broker reports from 1/12/2024 to 17/07/2025 (table below):

• If there was a "concerted effort" to shake down retail holders, it was not shown on the reports. Instead, retail (via CommSec) has increased their holdings in the period.
• UBS is the only player with sufficient volume and trades to move prices. However, note that UBS average sell is lower than average buy in.
• Retail (via CommSec) average sell is higher than buy in (profit taking while accumulating?)

LRV • 2024-12-01 - 2025-07-21 • Powered by MarketLens – marketlens.com.au
Broker	Net value	Buy value	Sell value	Total value	Net volume	Buy volume	Sell volume	Total volume	Buy price	Sell price	Buy trades	Sell trades
Commonwealth Securities	$17,220,966	$157,417,186	$140,196,219	$297,613,391	25,714,722	217,026,673	191,311,951	408,338,624	$0.7253	$0.7328	31445	25345
UBS Securities	$2,476,210	$150,073,111	$147,596,894	$297,670,002	2,262,259	200,642,486	198,380,227	399,022,713	$0.7480	$0.7440	35067	38552
CMC Markets	($612,415)	$32,663,189	$33,275,607	$65,938,812	(1,674,385)	45,079,326	46,753,711	91,833,037	$0.7246	$0.7117	8309	6094
Bell Potter	($5,593,063)	$25,404,552	$30,997,617	$56,402,174	(9,152,280)	34,150,939	43,303,219	77,454,158	$0.7439	$0.7158	3429	3812
Merrill Lynch	$460,478	$28,304,447	$27,843,979	$56,148,424	338,491	37,255,841	36,917,350	74,173,191	$0.7597	$0.7542	8487	9275
AIEX	$2,263,349	$27,094,513	$24,831,167	$51,925,666	3,216,993	37,715,968	34,498,975	72,214,943	$0.7184	$0.7198	5506	4365
Virtu Financial	($10,530)	$26,437,722	$26,448,252	$52,885,968	(34,073)	35,870,353	35,904,426	71,774,779	$0.7370	$0.7366	9434	8602
FinClear Execution	($7,313,642)	$22,161,313	$29,474,939	$51,636,239	(8,847,076)	30,222,185	39,069,261	69,291,446	$0.7333	$0.7544	6690	6023
Canaccord Genuity	($1,791,689)	$15,954,373	$17,746,060	$33,700,434	(2,567,932)	21,852,112	24,420,044	46,272,156	$0.7301	$0.7267	1786	2575
Wealthhub	$1,747,617	$16,713,203	$14,965,585	$31,678,786	2,710,624	23,307,613	20,596,989	43,904,602	$0.7171	$0.7266	3495	2386
OpenMarkets	($3,372,964)	$14,151,777	$17,524,744	$31,676,517	(4,686,155)	19,554,064	24,240,219	43,794,283	$0.7237	$0.7230	3902	4563
J.P. Morgan	($2,210,496)	$14,262,350	$16,472,838	$30,735,182	(3,275,990)	19,784,682	23,060,672	42,845,354	$0.7209	$0.7143	4325	7042
Barclays Capital	($168,654)	$15,460,507	$15,629,165	$31,089,675	(248,103)	21,181,577	21,429,680	42,611,257	$0.7299	$0.7293	2182	3234
Morrison	$43,205	$13,422,699	$13,379,491	$26,802,201	(227,681)	18,635,054	18,862,735	37,497,789	$0.7203	$0.7093	2170	2963
Citigroup	($2,323,779)	$10,899,074	$13,222,851	$24,121,927	(3,227,868)	15,438,955	18,666,823	34,105,778	$0.7059	$0.7084	4998	5616
Interactive Brokers	$1,932,491	$11,600,284	$9,667,801	$21,268,093	3,281,975	16,666,291	13,384,316	30,050,607	$0.6960	$0.7223	3586	2333
Third Party Platform	($468,922)	$9,821,295	$10,290,214	$20,111,502	1,382,307	14,255,076	12,872,769	27,127,845	$0.6890	$0.7994	2388	1953
Morgan Stanley Securities	($1,432,112)	$8,469,198	$9,901,304	$18,370,504	(2,156,054)	10,935,751	13,091,805	24,027,556	$0.7745	$0.7563	4352	6221
FNZ Custodians	$802,780	$6,457,905	$5,655,127	$12,113,035	972,157	9,188,676	8,216,519	17,405,195	$0.7028	$0.6883	1489	1176
Macquarie Securities	($2,113,646)	$4,983,061	$7,096,701	$12,079,757	(3,371,788)	6,562,973	9,934,761	16,497,734	$0.7593	$0.7143	1563	3547
Barrenjoey	($1,228,897)	$3,332,007	$4,560,902	$7,892,915	(1,644,985)	4,791,052	6,436,037	11,227,089	$0.6955	$0.7087	1210	1441
State One Stockbroking	$157,462	$3,832,700	$3,675,239	$7,507,939	256,206	5,006,911	4,750,705	9,757,616	$0.7655	$0.7736	402	396
Euroz Hartleys	($198,811)	$2,749,789	$2,948,599	$5,698,389	(578,356)	3,532,502	4,110,858	7,643,360	$0.7784	$0.7173	460	410
Ord Minnett	$762,783	$2,613,058	$1,850,275	$4,463,331	860,735	3,298,842	2,438,107	5,736,949	$0.7921	$0.7589	402	472
Argonaut Securities	($2,393,329)	$729,940	$3,123,269	$3,853,209	(3,340,419)	1,070,000	4,410,419	5,480,419	$0.6822	$0.7082	93	725
Instinet	($504,827)	$1,375,348	$1,880,176	$3,255,523	(948,778)	1,804,619	2,753,397	4,558,016	$0.7621	$0.6829	393	398
Goldman Sachs	$620,964	$2,060,711	$1,439,745	$3,500,462	740,793	2,452,757	1,711,964	4,164,721	$0.8402	$0.8410	3484	4342
Virtu ITG	$2,629,350	$2,746,246	$116,897	$2,863,146	3,361,198	3,519,003	157,805	3,676,808	$0.7804	$0.7408	2625	151
Jefferies	$383,127	$1,333,897	$950,770	$2,284,667	379,264	1,771,705	1,392,441	3,164,146	$0.7529	$0.6828	427	214
Shaw and Partners	$122,490	$782,688	$660,198	$1,442,887	173,613	975,550	801,937	1,777,487	$0.8023	$0.8233	124	55
Morgans	$345,048	$794,552	$449,504	$1,244,055	467,765	1,026,073	558,308	1,584,381	$0.7744	$0.8051	161	122
CLSA	$88,524	$499,185	$410,661	$909,844	182,736	675,905	493,169	1,169,074	$0.7385	$0.8327	155	89
Macquarie Equities	($21,917)	$210,685	$232,602	$443,287	(29,970)	265,740	295,710	561,450	$0.7928	$0.7866	52	49
Wilsons Advisory	$279,569	$288,720	$9,151	$297,871	443,794	458,794	15,000	473,794	$0.6293	$0.6101	48	7
Bridges	$45,673	$166,665	$120,992	$287,657	64,400	225,554	161,154	386,708	$0.7389	$0.7508	29	13
Jarden	($310,883)	$0	$310,883	$310,883	(376,923)	0	376,923	376,923	$0.0000	$0.8248	0	23
Morgan Stanley Wealth Management	$70,152	$115,697	$45,545	$161,242	62,300	126,300	64,000	190,300	$0.9160	$0.7116	19	11
BTIG	($93,644)	$2,394	$96,038	$98,432	(155,000)	3,300	158,300	161,600	$0.7255	$0.6067	2	46
Webull	$7,855	$65,431	$57,576	$123,008	10,696	82,266	71,570	153,836	$0.7954	$0.8045	28	23
Phillip Capital	($67,300)	$0	$67,300	$67,300	(70,000)	0	70,000	70,000	$0.0000	$0.9614	0	15
ABN AMRO Clearing	($47,065)	$0	$47,065	$47,065	(51,606)	0	51,606	51,606	$0.0000	$0.9120	0	9
Vivienne Court	$95	$5,902	$5,806	$11,708	0	10,003	10,003	20,006	$0.5900	$0.5804	3	4