Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Index Rebalance

<ul>
<li>
<a href="https://www.smartkarma.com/entities/ramelius-resources-ltd" target="_blank" data-smartkarma-citation="entities:5968:1" rel="noopener">Ramelius Resources (RMS AU)</a> will be added to the <a href="https://www.smartkarma.com/entities/vaneck-vectors-australian-equal-weight-etf" target="_blank" data-smartkarma-citation="entities:24297:1" rel="noopener">VanEck Vectors Australian Equal Weight (MVW AU)</a> while <a href="https://www.smartkarma.com/entities/telix-pharmaceuticals-ltd" target="_blank" data-smartkarma-citation="entities:26052:1" rel="noopener">Telix Pharmaceuticals (TLX AU)</a> and <a href="https://www.smartkarma.com/entities/treasury-wine-estates-ltd" target="_blank" data-smartkarma-citation="entities:710:1" rel="noopener">Treasury Wine Estates (TWE AU)</a> will be deleted.</li>
<li>The one inclusion, two deletions, capping and float changes result in a one-way turnover of 8% at the rebalance. That leads to a round-trip trade of A$350m.</li>
<li>There will be bigger passive flows in some stocks from the S&amp;P/ASX and global index passive trackers. <a href="https://www.smartkarma.com/entities/ramelius-resources-ltd" target="_blank" data-smartkarma-citation="entities:5968:1" rel="noopener">Ramelius Resources (RMS AU)</a> gets the biggest same-way flow.</li>
</ul>



Ramelius Resources (RMS AU) will be added to the VanEck Vectors Australian Equal Weight (MVW AU) while Telix Pharmaceuticals (TLX AU) and Treasury Wine Estates (TWE AU) will be deleted.
The one inclusion, two deletions, capping and float changes result in a one-way turnover of 8% at the rebalance. That leads to a round-trip trade of A$350m.
There will be bigger passive flows in some stocks from the S&amp;P/ASX and global index passive trackers. Ramelius Resources (RMS AU) gets the biggest same-way flow.


MV Australia Equal Weight Index Rebalance: More Inflows for RMS; TLX, TWE Deleted

Asia Pac ECM and Index Rebal, Shenton Research

Ke Yan, CFA, FRM

Asia Pac ECM and Index Rebal

Asia Pac IPO & Placement Research, China Biotech

DZT Research

DZT Research is an independent Asia Pacific equity specialist. Our quantitative research covers index rebalancing flows, alongside exchange data analytics accross Asia Pacific. On the equity capital markets side, we focus on Asia Pacific ECM, especially biotech and TMT. Our lead analyst is frequently cited by international media.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of ASX Stocks as of Mar 6th (reported today). The aggregated short interest was USD37.1bn.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Qantas Airways, Santos, Ramsay Health Care, Coles, Aristocrat Leisure.</li>
</ul>


We analyzed the changes in short interest of ASX Stocks as of Mar 6th (reported today). The aggregated short interest was USD37.1bn.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Qantas Airways, Santos, Ramsay Health Care, Coles, Aristocrat Leisure.


ASX Short Interest Weekly (Mar 6th): Qantas Airways, Santos, Ramsay Health Care, Coles

Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>Australia's ASIC releases the aggregated short position data four business days after the reporting day. Data in this insight is up to 2nd March, published ~9AM on the 6th March.</li>
<li>The largest industry net increase in the past week was into "Diversified Metals &amp; Mining"; the largest industry net decrease was out of "Healthcare Distributors". Net shorts increased A$4bn WoW.</li>
<li>Companies mentioned in this regular weekly report include: <a href="https://www.smartkarma.com/entities/bhp-group-ltd" target="_blank" data-smartkarma-citation="entities:147:1" rel="noopener">BHP Group (BHP AU)</a>, <a href="https://www.smartkarma.com/entities/sigma-healthcare-ltd" target="_blank" data-smartkarma-citation="entities:15966:1" rel="noopener">Sigma Healthcare (SIG AU)</a>, <a href="https://www.smartkarma.com/entities/flight-centre-travel-group-l" target="_blank" data-smartkarma-citation="entities:7537:1" rel="noopener">Flight Centre Travel (FLT AU)</a>, <a href="https://www.smartkarma.com/entities/telstra-corp-ltd" target="_blank" data-smartkarma-citation="entities:690:1" rel="noopener">Telstra Corp (TLS AU)</a>, and <a href="https://www.smartkarma.com/entities/boss-energy" target="_blank" data-smartkarma-citation="entities:4823:1" rel="noopener">Boss Energy (BOE AU)</a>.
</li>
</ul>


Australia's ASIC releases the aggregated short position data four business days after the reporting day. Data in this insight is up to 2nd March, published ~9AM on the 6th March.
The largest industry net increase in the past week was into "Diversified Metals &amp; Mining"; the largest industry net decrease was out of "Healthcare Distributors". Net shorts increased A$4bn WoW.
Companies mentioned in this regular weekly report include: BHP Group (BHP AU), Sigma Healthcare (SIG AU), Flight Centre Travel (FLT AU), Telstra Corp (TLS AU), and Boss Energy (BOE AU).



Aussie Shorts (2 Mar 2026): BHP Group, Sigma Healthcare, Flight Centre Travel, Telstra, Boss Energy

<ul>
<li>We analyzed the changes in short interest of ASX Stocks as of Feb 27th (reported today). The aggregated short interest was USD37.4bn.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Capricorn Metals, BHP, Electro Optic Systems, Insignia Financial, Transurban.</li>
</ul>


We analyzed the changes in short interest of ASX Stocks as of Feb 27th (reported today). The aggregated short interest was USD37.4bn.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Capricorn Metals, BHP, Electro Optic Systems, Insignia Financial, Transurban.


ASX Short Interest Weekly (Feb 27th): Capricorn Metals, BHP, Electro Optic Systems

<ul>
<li>Australia's ASIC releases the aggregated short position data four business days after the reporting day.</li>
<li>The largest industry net increase in the past week was into "Diversified Banks"; the largest industry net decrease was out of "Broadline Retail".</li>
<li>Companies mentioned in this regular weekly report include: <a href="https://www.smartkarma.com/entities/westpac-banking-corp" target="_blank" data-smartkarma-citation="entities:444:1" rel="noopener">Westpac Banking (WBC AU)</a>, <a href="https://www.smartkarma.com/entities/wesfarmers-ltd" target="_blank" data-smartkarma-citation="entities:1104:1" rel="noopener">Wesfarmers Ltd (WES AU)</a>, <a href="https://www.smartkarma.com/entities/inghams-group-ltd" target="_blank" data-smartkarma-citation="entities:23640:1" rel="noopener">Inghams (ING AU)</a>, <a href="https://www.smartkarma.com/entities/reliance-worldwide-corp-ltd" target="_blank" data-smartkarma-citation="entities:22690:1" rel="noopener">Reliance Worldwide Corp (RWC AU)</a>, and <a href="https://www.smartkarma.com/entities/idp-education-ltd" target="_blank" data-smartkarma-citation="entities:1098:1" rel="noopener">IDP Education (IEL AU)</a>.</li>
</ul>


Australia's ASIC releases the aggregated short position data four business days after the reporting day.
The largest industry net increase in the past week was into "Diversified Banks"; the largest industry net decrease was out of "Broadline Retail".
Companies mentioned in this regular weekly report include: Westpac Banking (WBC AU), Wesfarmers Ltd (WES AU), Inghams (ING AU), Reliance Worldwide Corp (RWC AU), and IDP Education (IEL AU).


Aussie Shorts (23 Feb 2026): Westpac, Wesfarmers, Inghams, Reliance Worldwide, IDP Education

Australia

Treasury Wine Estates Ltd was founded in 2010 and is headquartered in Southbank, Victoria, Australia. The Company's line of business includes vineyard operations and international marketing and distribution of wine.

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Treasury Wine Estates (TWE AU)

MV Australia Equal Weight Index Rebalance: More Inflows for RMS; TLX, TWE Deleted

Ramelius Resources will be added while Telix Pharma and Treasury Wine will be deleted. Many stocks have bigger flows from other index trackers at...

Brian Freitas

ASX Short Interest Weekly (Mar 6th): Qantas Airways, Santos, Ramsay Health Care, Coles

We analyzed ASX short interest report for the past week and highlight short interest changes in Qantas Airways, Santos, Ramsay Health Care, Coles,...

Ke Yan, CFA, FRM

Aussie Shorts (2 Mar 2026): BHP Group, Sigma Healthcare, Flight Centre Travel, Telstra, Boss Energy

Net shorts increased A$4bn WOW. Companies mentioned in this regulaor weekly report include: BHP (BHP AU), Sigma Healthcare (SIG AU), Flight Centre...

David Blennerhassett

ASX Short Interest Weekly (Feb 27th): Capricorn Metals, BHP, Electro Optic Systems

We analyzed ASX short interest report for the past week and highlight short interest changes in Capricorn Metals, BHP, Electro Optic Systems,...

Ke Yan, CFA, FRM

Aussie Shorts (23 Feb 2026): Westpac, Wesfarmers, Inghams, Reliance Worldwide, IDP Education

Companies mentioned in this regular weekly report include: Westpac Banking (WBC AU), Wesfarmers Ltd (WES AU), Inghams (ING AU), Reliance Worldwide...

David Blennerhassett

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52-week Range

Market Cap (USDm)

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