Vault-13

LESAKA TECHNOLOGIES INC LSAK

COM NEW · Common Stock · CUSIP 64107N206

South African corporation

28 institutional holders +1 vs Q1 2023
14,895,57014.9m shares reported held*
24.2% of all shares outstanding*
$56.8mreported value*
3 new 7 added 6 reduced 2 sold out net sold ≈ $1.8m (-483.3k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 61.6m as of 2023-05-04, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $3.81. Options: 3 managers hold calls ($1.8k notional), 1 hold puts ($0).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 36Q4 22: 29Q1 23: 27Q2 23: 2828Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202236
Q4 202229
Q1 202327
Q2 202328

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q4 22: 9 bought or addedQ4 22: 18 cut or sold outQ4 22Q1 23: 8 bought or addedQ1 23: 13 cut or sold outQ1 23Q2 23: 10 bought or addedQ2 23: 8 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022918
Q1 2023813
Q2 2023108

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100k$200k$300kQ3 22 calls: $194.0kQ3 22 puts: $226.0kQ3 22P/C 1.16Q4 22 calls: $64.2kQ4 22 puts: $150.1kQ4 22P/C 2.34Q1 23 calls: $96.2kQ1 23 puts: $43.7kQ1 23P/C 0.45Q2 23 calls: $1.8kQ2 23 puts: $0Q2 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$194.0k$226.0k1.16
Q4 2022$64.2k$150.1k2.34
Q1 2023$96.2k$43.7k0.45
Q2 2023$1.8k$00.00

Biggest buyers

Hosking Partners LLP Added +119,560+119.6k
MILLENNIUM MANAGEMENT LLC New +78,633+78.6k
MORGAN STANLEY Added +50,000+50.0k
First Trust Direct Indexing L.P. New +11,590+11.6k
BARCLAYS PLC Added +11,561+11.6k
IFP Advisors, Inc Added +8,340+8.3k
STATE STREET CORP Added +6,397+6.4k
NORTHERN TRUST CORP Added +6,126+6.1k
RENAISSANCE TECHNOLOGIES LLC Added +5,100+5.1k
Tower Research Capital LLC (TRC) New +389+389

Biggest sellers

DEUTSCHE BANK AG\ Reduced -417,906-417.9k
Potomac Capital Management, Inc. Reduced -256,425-256.4k
D. E. Shaw & Co., Inc. Reduced -55,964-56.0k
UBS Group AG Reduced -35,186-35.2k
Connor, Clark & Lunn Investment Management Ltd. Reduced -7,081-7.1k
Cornerstone Management, Inc. Sold out -6,500-6.5k
Meixler Investment Management, Ltd. Reduced -1,650-1.6k
OSAIC HOLDINGS, INC. Sold out -300-300

Biggest calls

SIMPLEX TRADING, LLC Reduced $1.0k500 shares
GROUP ONE TRADING LLC New $762200 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
MORGAN STANLEY 13G · institution filed 2025-02-04 6.6% 5.2m≈ $25.9m 2025-02-04
GOLDMAN SACHS GROUP INC 13G · institution filed 2025-02-06 6.3% 5.0m≈ $24.8m 2025-02-06

Fell to 5% or below in the last year: International Finance Corp (3.9%, 2026-09-29), APIS GROWTH 13 Ltd (2.1%, 2026-07-31)

Insider purchases and sales in Q2 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
505Q3 21: 0 buyingQ3 21: 0 sellingQ4 21: 5 buyingQ4 21: 0 sellingQ4 21Q1 22: 3 buyingQ1 22: 0 sellingQ2 22: 0 buyingQ2 22: 0 sellingQ2 22Q3 22: 1 buyingQ3 22: 0 sellingQ4 22: 1 buyingQ4 22: 1 sellingQ4 22Q1 23: 1 buyingQ1 23: 1 sellingQ2 23: 2 buyingQ2 23: 0 sellingQ2 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20210—0——
Q4 20215$3.5m0——
Q1 20223$402.5k0——
Q2 20220—0——
Q3 20221$2.4m0——
Q4 20221$6.8m1$326.4k—
Q1 20231$568.9k1$71.8k—
Q2 20232$607.2k0——
DateInsiderTradeSharesPrice ValueTheir holding
2023-06-29 Value Capital Partners (Pty) Ltd +2 Director · See Footnote Bought 7,303 $3.57 $26.1k7.3k shares +<1%
2023-06-21 Value Capital Partners (Pty) Ltd +2 Director · See Footnote Bought 1,200 $3.60 $4.3k1.2k shares +<1%
2023-05-25 Value Capital Partners (Pty) Ltd +2 Director · See Footnote Bought 400 $3.59 $1.4k400 shares +<1%
2023-05-19 Value Capital Partners (Pty) Ltd +2 Director · See Footnote Bought 3,600 $3.97 $14.3k3.6k shares +<1%
2023-05-18 Value Capital Partners (Pty) Ltd +2 Director · See Footnote Bought 6,992 $3.85 $26.9k7.0k shares +<1%
2023-05-17 Value Capital Partners (Pty) Ltd +2 Director · See Footnote Bought 18,400 $3.66 $67.3k18.4k shares +<1%
2023-05-16 Value Capital Partners (Pty) Ltd +2 Director · See Footnote Bought 52,784 $3.73 $196.9k52.8k shares +<1%
2023-05-15 Value Capital Partners (Pty) Ltd +2 Director · See Footnote Bought 30,539 $3.77 $115.1k30.5k shares +<1%
2023-05-15 Meyer Christopher G.B. Group Chief Executive Officer, director Bought 1,000 $3.71 $3.7k1.0k shares +<1%
2023-05-12 Value Capital Partners (Pty) Ltd +2 Director · See Footnote Bought 41,500 $3.60 $149.4k41.5k shares +<1%
2023-05-12 Meyer Christopher G.B. Group Chief Executive Officer, director Bought 500 $3.41 $1.7k500 shares +<1%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,222,7415.2m $19.9m $19.9m 0.00% Added +50.0k +50,000
2 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 4,997,3355.0m $19.0m $19.0m 0.00% Unchanged
3 Potomac Capital Management, Inc. 6.53% of their portfolio NEW YORK, NY 1,513,9231.5m $5.8m $5.8m 6.53% Reduced -256.4k -256,425
4 Hosking Partners LLP 0.23% of their portfolio LONDON, X0 1,413,4991.4m $5.4m $5.4m 0.23% Added +119.6k +119,560
5 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 417,906417.9k $1.6m $1.6m 0.00% Reduced -417.9k -417,906
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 324,776324.8k $1.2m $1.2m 0.00% Reduced -35.2k -35,186
7 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 243,924243.9k $929.4k $929.4k 0.00% Reduced -7.1k -7,081
8 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 142,900142.9k $544.0k $544.0k 0.00% Added +5.1k +5,100
9 INTREPID FAMILY OFFICE LLC 0.78% of their portfolio SARASOTA, FL 108,000108.0k $411.5k $411.5k 0.78% Unchanged
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 98,61598.6k $375.7k $375.7k 0.00% Added +6.4k +6,397
11 Aristides Capital LLC 0.18% of their portfolio LOUISVILLE, KY 79,23679.2k $301.9k $301.9k 0.18% Unchanged
12 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 78,63378.6k $299.6k $299.6k 0.00% New
13 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 69,31069.3k $264.1k $264.1k 0.00% Unchanged
14 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 31,75531.8k $121.0k $121.0k 0.00% Unchanged
15 Firsthand Capital Management, Inc. 0.14% of their portfolio SAN JOSE, CA 30,00030.0k $114.3k $114.3k 0.14% Unchanged
16 Meixler Investment Management, Ltd. 0.09% of their portfolio SHOW LOW, AZ 25,75925.8k $98.1k $98.1k 0.09% Reduced -1.6k -1,650
17 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 21,40321.4k $81.5k $81.5k 0.00% Added +11.6k +11,561
18 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 19,60019.6k $133.0k $133.0k 0.00% Added +8.3k +8,340
19 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 17,64317.6k $67.2k $67.2k 0.00% Added +6.1k +6,126
20 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 13,95013.9k $53.1k $53.1k 0.00% Unchanged
21 First Trust Direct Indexing L.P. 0.00% of their portfolio Boston, MA 11,59011.6k $44.2k $44.2k 0.00% New
22 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 11,13111.1k $42.4k $42.4k 0.00% Reduced -56.0k -55,964
23 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 1,3161.3k $5.0k $5.0k 0.00% Unchanged
24 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 389389 $1.5k $1.5k 0.00% New
25 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 147147 $560 $560 0.00% Unchanged
26 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 7575 $285 $285 0.00% Unchanged
27 Ridgewood Investments LLC 0.00% of their portfolio SPRINGFIELD, NJ 1414 $55 $55 0.00% Unchanged
28 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged