Spheria Asset Management cuts stake in GWA Group

Spheria Asset Management Pty Ltd has reported a change in its substantial holding in GWA Group Ltd, with the last change occurring on September 18, 2025. The investment manager's voting power decreased from 6.82% to 5.64%.

The total number of votes held by Spheria Asset Management in GWA Group Ltd has fallen from 18,094,570 to 14,946,300 ordinary fully paid shares. This reduction represents a decrease of 3,148,270 votes.

Key transactions contributing to this change include multiple sales of ordinary fully paid shares, such as a sale of 566,352 securities for -$1,465,727.75 on September 18, 2025. Other notable sales include 1,566,007 securities for -$4,002,378.32 on August 21, 2025, and 666,916 securities for -$1,707,304.96 on August 6, 2025. There were also purchases that partially offset these sales, such as 293,696 securities for $741,229.97 on July 29, 2025.