Big Investment Moves: GQG Partners and SBI Mutual Fund Make Significant Changes

Recent Investment Updates

In a notable development, the GQG Partners Emerging Markets Equity Fund, managed by GQG Partners, has sold a significant stake in JSW Energy. On December 9, the fund sold nearly 1 percent of its equity stake in the power generation company through open market transactions.

The sale of 1.52 crore equity shares, equivalent to 0.87 percent of the paid-up equity, was made at a price of Rs 444 per share, totaling Rs 676.7 crore. As a result, JSW Energy shares fell by 2.33 percent to Rs 451.2 on the National Stock Exchange (NSE), with above-average volumes.

GQG Partners' Stake in JSW Energy

As of September 2025, GQG Partners held a 1.79 percent stake in JSW Energy. The recent sale reduces their holding in the company.

Other Notable Investment Moves

Anand Rathi Wealth also made headlines on Tuesday, with its shares declining by 1 percent to Rs 2,868. SBI Mutual Fund acquired additional shares in the company, while Amit Rathi sold a significant portion of his stake.

• SBI Mutual Fund bought 6.02 lakh shares (0.7 percent of paid-up equity) for Rs 168.8 crore at Rs 2,800 per share.
• Amit Rathi sold 20 lakh shares (2.4 percent stake) for Rs 560 crore at Rs 2,800.03 per share.
• Fahim Sultan Ali net bought 3.54 lakh shares in Anand Rathi Wealth for Rs 196 crore at Rs 2,800 per share.

As of September 2025, SBI Mutual Fund held a 1.84 percent stake in Anand Rathi Wealth, while Amit Rathi owned 3.09 percent of the company's shares.

Investment Updates in Coastal Corporation

Meanwhile, The Golden Bird Investment Trust - I acquired 5.12 lakh shares in Coastal Corporation for Rs 2.12 crore, while Green Portfolio sold 3.41 lakh shares for Rs 1.4 crore. Both transactions took place at a price of Rs 41.5 per share.