---
title: "Institutional investors disclose reshaped stakes in KMD Brands"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284475989.md"
description: "Institutional investors FirstCape Group and Harbour Asset Management have disclosed changes in their stakes in KMD Brands Limited (NZ:KMD). FirstCape's holding decreased to 9.152% from 10.642%, while Harbour's stake fell to 8.948% from 10.508%, both due to dilution from an increased share pool. The trading activity highlights ongoing institutional interest in KMD's stock, which currently has a Buy rating and a price target of N$0.14. KMD Brands is actively monitored by asset managers and custodians."
datetime: "2026-04-29T01:47:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284475989.md)
  - [en](https://longbridge.com/en/news/284475989.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284475989.md)
generator: "portal-rs"
---

# Institutional investors disclose reshaped stakes in KMD Brands

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KMD Brands Limited ( (NZ:KMD) ) has issued an update.

FirstCape Group Limited and Harbour Asset Management Limited have disclosed changes in their substantial shareholdings in KMD Brands, following a series of on‑market buy and sell trades since mid‑April. FirstCape now holds 164,686,466 KMD shares, representing 9.152% of the expanded 1,799,415,022 share pool, down from 10.642% previously due to dilution from the larger total on issue.

Harbour Asset Management’s holding stands at 161,011,923 shares, or 8.948% of KMD, compared with 10.508% earlier, also reflecting the increased number of shares on issue rather than outright exit. The disclosure underscores continued active institutional trading in KMD’s stock and highlights the influence of related entities such as BNZ Investment Services and JBWere in managing and custodising significant parcels on behalf of underlying investors.

The most recent analyst rating on (NZ:KMD) stock is a Buy with a N$0.14 price target. To see the full list of analyst forecasts on KMD Brands Limited stock, see the NZ:KMD Stock Forecast page.

**More about KMD Brands Limited**

KMD Brands Limited is a listed company whose ordinary shares trade on the NZX, attracting substantial institutional investors such as FirstCape Group and Harbour Asset Management. The company’s register is closely watched by asset managers and custodians that actively trade and manage holdings on behalf of clients.

**Average Trading Volume:** 1,034,814

**Technical Sentiment Signal:** Sell

**Current Market Cap:** N$104.6M

For a thorough assessment of KMD stock, go to TipRanks’ Stock Analysis page.

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- [KMD.AU](https://longbridge.com/en/quote/KMD.AU.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**