{"id":120002,"date":"2025-11-05T22:37:08","date_gmt":"2025-11-05T22:37:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/120002\/"},"modified":"2025-11-05T22:37:08","modified_gmt":"2025-11-05T22:37:08","slug":"acc-targets-small-cap-stocks-as-portfolio-tops-50b","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/120002\/","title":{"rendered":"ACC targets small-cap stocks as portfolio tops $50b"},"content":{"rendered":"<p>NZ Herald<\/p>\n<p>5 Nov, 2025 08:17 PMQuick Read<\/p>\n<p>Subscribe to listenAccess to Herald Premium articles require a Premium subscription. Subscribe now to listen.Subscribe now<\/p>\n<p>\u200c<\/p>\n<p><a href=\"#\" class=\"flex cursor-pointer items-center gap-1.5 text-black\" data-test-ui=\"social-link--bookmark-above\" aria-label=\"bookmark\" id=\"social-link--bookmark-above\">Save<\/a>Share this articleCopy LinkEmailFacebookTwitter\/XLinkedInReddit<\/p>\n<p data-test-ui=\"figure__caption\">ACC has more than $50 billion under management. Photo: RNZ \/ Angus Dreaver<\/p>\n<p class=\"\">There is one deep-pocketed institutional investor actively hunting bargains and takeover targets in the often-overlooked small end of the market \u2013 the Accident Compensation Corporation. <\/p>\n<p class=\"\">\n         It has about $180 million currently invested in stocks outside of the favoured NZX50 Index and is a regular on share registers for NZX<br \/>\n         small and micro-cap stocks, including Blackpearl and Paysauce.\n        <\/p>\n<p class=\"ZzQnbEvs\" style=\"display:none\">Portfolio manager Nick Dravitzki oversees investments valued at more than $1 billion, which includes the Accident Compensation Corporation\u2019s (ACC) holdings of small-cap stocks. <\/p>\n<p class=\"ZzQnbEvs\" style=\"display:none\">While ACC\u2019s small cap exposure isn\u2019t the bulk of the portfolio, they present interesting opportunities for ACC, he said.<\/p>\n<p class=\"ZzQnbEvs\" style=\"display:none\">Dravitzki said very few people are looking at small and micro caps on the NZX and underpinning ACC\u2019s focus on them is a theory that small caps tend to outperform over time. <\/p>\n","protected":false},"excerpt":{"rendered":"NZ Herald 5 Nov, 2025 08:17 PMQuick Read Subscribe to listenAccess to Herald Premium articles require a Premium&hellip;\n","protected":false},"author":2,"featured_media":104397,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84601,59784,1081,84603,806,84604,138,334,45435,84602,32655,25393,5933,225,111,139,69,84605,11535,4499,84600,643,26592,8220,684,2726],"class_list":["post-120002","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-50b","tag-acc","tag-accident","tag-actively","tag-as","tag-bargains","tag-business","tag-compensation","tag-corporation","tag-deeppocketed","tag-hunting","tag-institutional","tag-investor","tag-market","tag-new-zealand","tag-newzealand","tag-nz","tag-oftenoverlooked","tag-portfolio","tag-small","tag-smallcap","tag-stocks","tag-takeover","tag-targets","tag-there","tag-tops"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/120002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=120002"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/120002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/104397"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=120002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=120002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=120002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}