A relatively quiet month for local shares encouraged advisers to focus on individual client strategies in the absence of strong market leads.

What's new

• Advisers who use the AUSIEX platform sold domestic health stocks in October with global biotech CSL (ASX: CSL), medical technology company Resmed (ASX: RMD) and private hospital operator Ramsay Health Care (ASX: RHC) among the most traded shares. 
  • CSL was the most traded company overall by advisers in October but its buy/sell ratio of 26% shows activity was skewed towards “sell” trades.  
  • Selling of ResMed and Ramsay Health Care was even heavier, with buy/sell ratios of under 15%. A buy/sell ratio above 50% indicates a buy skew in trading, while below 50% is a sell skew. 
• Advisers’ buying activity was more diversified across sectors, with Pilbara Minerals (ASX: PLS), Hub 24 (ASX: HUB) and explosives manufacturer Dyno Nobel (ASX: DNL) recording the highest buy/sell ratios over the month.  
  • It was the second month in a row that Dyno Nobel ranked as a top buy by advisers who use the AUSIEX platform. 
• The most traded exchange traded funds (ETFs), bought or sold, were dominated by a mix of core Australian equity and global equity vehicles. The only likely satellite investment in the top 10 traded ETFs was VanEck’s FTSE Global Infrastructure (AUD Hedged) ETF (ASX: IFRA). 
• Meanwhile, retail chain Costco Wholesale Corporation (NASDAQ: COST) was by far the most bought global company – outstripping buying activity in technology stocks as sentiment toward artificial intelligence companies wavered. 
  • Overall, the most traded international stock was Tesla (NASDAQ: TSLA), though advisers sold considerably more shares in the electric car manufacturer than they bought. 

Why it matters

• Trading activity suggests advisers may have been selective in their trading in October by looking for opportunities in a month in which the S&P/ASX200 index and S&P500 index were largely flat, and the Nasdaq Composite Index fell by more than 5%. 

• There were few broad trends evident in their trading patterns, with most appearing to focus on individual client strategies in the absence of strong market leads. 

Top five traded domestic equities

Ticker	Security	Buy/Sell ratio
CSL	CSL Limited	26%
PLS	Pilbara Minerals Limited	98%
RMD	ResMed Inc	13%
HUB	HUB24 Limited	97%
VAU	Vault Minerals Limited	4%

 

Top five traded international equities

	Ticker	Security	Buy/Sell ratio
	TSLA	Tesla Inc	19%
	COST	Costco Wholesale Corporation	100%
	GOOGL	Alphabet Inc. Class A	54%
	MPWR	Monolithic Power System Inc	54%
	AMD	Advanced Micro Devices Inc	35%

Top five traded ETFs

	Ticker	Security	Buy/Sell ratio
	IVV	iShares S&P 500 ETF	49%
	VHY	Vanguard Australian Shares High Yield ETF	73%
	VAP	Vanguard Australian Property Securities Index ETF	52%
	AQLT	Betashares Australian Quality ETF	85%
	VAS	Vanguard Australian Shares ETF	62%

 

Top five traded domestic equities by advised SMSFs

	Ticker	Security	Buy/Sell ratio
	CSL	CSL Limited	40%
	PLS	Pilbara Minerals Limited	98%
	RMD	ResMed Inc	15%
	HUB	HUB24 Limited	8%
	VAU	Vault Minerals Limited	4%

 

Source: AUSIEX. Percentage of trades across advised accounts during October 2026. A buy/sell ratio above 50% indicates a buy skew, below 50% indicates a sell skew. 

Important information: Trading activity data reflects transactions executed through the AUSIEX platform during October 2026 and may not be representative of the broader market. References to specific securities are provided solely to report trading activity and do not constitute recommendations or statements regarding future performance. 

 

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