Sharesight users' top trades – December 2024
Welcome to the December 2024 edition of Sharesight’s monthly trading snapshot, where we look at the top buy and sell trades by Sharesight users over the month. This month we have combined the snapshots for Australian, New Zealand and global Sharesight users, providing a short summary of investors’ most popular trades over the period. For a more detailed look at the market-moving news behind Sharesight users’ most-traded stocks in 2024, see our yearly trading snapshots for Australian, New Zealand and global Sharesight users.
Top trades by global investors in December 2024
Note: To get a closer look at this chart, you can right-click and open the image in a new tab (for desktop) or press-hold and download the image or open it in a web browser (for mobile).
In December’s global trading snapshot, the top trades were led by NVIDIA (NASDAQ: NVDA), with opportunistic investors taking advantage of a dip in the stock’s share price. The top trades were followed by Tesla (NASDAQ: TSLA), which saw its share price hit record highs in December, leading CEO Elon Musk to become the first person to reach a net worth of US$400 billion.
Top trades by Australian investors in December 2024
Note: To get a closer look at this chart, you can right-click and open the image in a new tab (for desktop) or press-hold and download the image or open it in a web browser (for mobile).
In December’s Australian trading snapshot, the top trades were led by Vanguard’s Australian Shares Index ETF (ASX: VAS), followed by the iShares S&P 500 ETF (ASX: IVV). It was an ETF-heavy month overall, with 10 of the top 20 trades belonging to ETFs. It’s worth noting that the majority of trades were buy trades, and the only stock with a higher proportion of sell trades to buy trades was Fortescue Metals (ASX: FMG), which experienced fluctuations in its share price throughout the month.
Top trades by New Zealand investors in December 2024
Note: To get a closer look at this chart, you can right-click and open the image in a new tab (for desktop) or press-hold and download the image or open it in a web browser (for mobile).
In December’s New Zealand trading snapshot, the top trades were led by Smartshares’ US 500 (NZX: USF) and NZ Top 50 (NZX: FNZ) ETFs. Similar to our Australian trading snapshot, it was a strong month for ETF trading overall, with 9 of the top 20 trades belonging to ETFs. It should also be noted that the majority of trades were buy trades, with no stock having a higher proportion of sell trades to buy trades.
Track your investment portfolio with Sharesight
Get access to insights like this by tracking your investment portfolio with Sharesight. Built for the needs of investors like you, with Sharesight you can:
- Track all your investments in one place, including stocks, mutual/managed funds, property, and even cryptocurrency
- Get the true picture of your investment performance, including the impact of brokerage fees, dividends, and capital gains with Sharesight’s annualised performance calculation methodology
- Run powerful reports built for investors, including performance, portfolio diversity, contribution analysis, exposure, multi-period, multi-currency valuation and future income
- Run tax reports including taxable income (dividends/distributions), Capital Gains Tax (Australia and Canada), Traders Tax (Capital Gains for traders in NZ) and FIF foreign investment fund income reports (NZ)
Sign up for a FREE Sharesight account and get started tracking your investments today.
Disclaimer: The above article is for informational purposes only and does not constitute a specific product recommendation, or taxation or financial advice and should not be relied upon as such. While we use reasonable endeavours to keep the information up-to-date, we make no representation that any information is accurate or up-to-date. If you choose to make use of the content in this article, you do so at your own risk. To the extent permitted by law, we do not assume any responsibility or liability arising from or connected with your use or reliance on the content on our site. Please check with your adviser or accountant to obtain the correct advice for your situation.
FURTHER READING
Active vs. passive investing
What are the differences between active and passive investing, and does one offer a higher guarantee of success than the other? Keep reading to learn more.
Why Sharesight is the best multi-asset portfolio tracker
We explore how Sharesight helps you stay on top of your portfolio, optimise your performance and set yourself up for a successful year of investing.
Why tax time is so painful for family offices — and what to do about it
We discuss five reasons tax time hits family offices harder than it should, and what better infrastructure looks like in each case.