Top trades by Australian Sharesight users — April 2026
Welcome to the April 2026 edition of Sharesight’s monthly trading snapshot for Australian investors, where we look at the top 20 trades made by Australian Sharesight users. Below we will look at the top trades overall, plus the top trades in individual stocks, which allows us to observe the broader investment trends by Australian Sharesight users, while also giving us an opportunity to zoom into the most popular stocks and the market-moving news behind them.
Top trades in April 2026

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April’s top trades were led by Vanguard’s Australian Shares (ASX: VAS) and International Shares (ASX: VGS) ETFs, followed by Smartshares’ S&P 500 ETF (ASX: IVV). Compared to the previous month, VAS rose in the rankings to take first place, suggesting a clear preference for domestic Australian exposure in April. In terms of equities, CSL (ASX: CSL) and NVIDIA (NASDAQ: NVDA) both rose significantly in the rankings, and were the most popular equities trades of the month.
Most-traded stocks in April 2026

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In April, the top-traded stocks were CSL and NVDA, signalling a clear rotation from resources (in March) back into healthcare and tech. The healthcare trend was further confirmed by the entrance of Cochlear (ASX: COH) to the rankings. At the same time, Santos (ASX: STO), Northern Star (ASX: NST), Google (NASDAQ: GOOGL) and Commonwealth Bank (ASX: CBA) all dropped out of the rankings entirely, continuing the exit from resources and the retreat of big bank names seen in recent months.
Let’s look at some of the market-moving news behind some of this month’s top stocks:
CSL (ASX: CSL)
- CSL outlines restructure plan, including separation of influenza business into separate entity
- CSL shares extend brutal sell-off, hitting 9-year low
NVIDIA (NASDAQ: NVDA)
- NVIDIA market cap hits US$5.26 trillion — the highest in the history of publicly traded companies
- NVIDIA CEO claims AI labour displacement fears are overstated, says its “creating an enormous number of jobs”
Woodside Energy (ASX: WDS)
- Cyclones hamper Woodside’s production in the Middle East
- Woodside announces plans to simplify operations and improve accountability
WiseTech Global (ASX: WTC)
- WiseTech staff in limbo as 2,000 job cuts loom
- WiseTech shares are up 14% in April
- Leading broker sees 70% upside for WiseTech
Microsoft (NASDAQ: MSFT)
- Microsoft pledges to invest AU$25 billion in AI in Australia
- Offers “voluntary retirement program” to 7% of US employees
Cochlear (ASX: COH)
- Cochlear cuts FY26 earnings guidance amid falling sales and ongoing market challenges
- Share price hits 10-year low following earnings downgrade
Tesla (NASDAQ: TSLA)
- Tesla share price falls as deliveries fail to meet expectations
- Share price rises as company deploys new software, CEO touts chip progress
BHP (ASX: BHP)
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