🇿🇦 South Africa 8h ago · Hilton Tarrant

Coronation dumped Spar at R40 after buying above R90

The Citizen SA
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Coronation dumped Spar at R40 after buying above R90
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Coronation Fund Managers disposed of practically its entire holding in The Spar Group over the last six months, announcing its reduction to just 0.17% of the wholesaler on 17 September.



Before this it held just more than 10% of Spar, having increased its stake marginally from 9.97% to 10.4% as recently as 19 December 2025.



At that time (mid-December), Spar shares were trading in a range of between R92 and R96, lower than the firmly-above-R100 levels they had been at prior to the release of

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