Sydney, Feb 26, 2026, 18:06 AEDT — Market closed
- Macquarie Group finished the day 1.2% higher at A$209.55.
- Macquarie has filed after surpassing the 5% “substantial holder” threshold in both Tabcorp and Downer EDI, according to disclosures.
- Mark the calendar: Macquarie’s full-year results are due May 8.
Macquarie Group Ltd (MQG.AX) ended Thursday’s session at A$209.55, up 1.2%. Shares moved between A$208.88 and A$211.10 during the day. That’s a gain of A$2.43 from Wednesday’s A$207.12 close. (Intelligent Investor)
Australian stocks kept climbing through record highs on Thursday afternoon, the S&P/ASX 200 breaking fresh ground for a second day, powered by gains in banks and heavyweight miners. Looking to Friday, traders will watch for earnings from Coles, Harvey Norman, TPG Telecom, PEXA and Virgin Australia—results that could quickly swing the mood. (Market Index)
Why does that matter for Macquarie? Its earnings hinge on the markets—commodities trades, asset management fees, the works—and the share price tends to move with swings in risk sentiment. Investors also keep one eye on the paperwork: Macquarie continues to post a regular stream of substantial-holding notices.
This week, a filing revealed Macquarie Group and its affiliates have pushed past the 5% disclosure mark in Tabcorp Holdings, officially becoming a “substantial holder” under Australian regulation. As of Feb. 20, their position stood at 117.4 million shares—good for 5.13% of voting power. (Company Announcements)
Macquarie dropped below the 5% threshold in contractor Downer EDI as of Feb. 20, a separate filing showed, meaning it’s no longer a substantial holder. (Company Announcements)
A fresh filing from Thursday took it back over the threshold: 33.9 million Downer shares now, which translates to 5.12% voting power. The stake became substantial as of Feb. 23. (Company Announcements)
These filings tend to be messy. Most of the time, they show stakes tied up in funds run by Macquarie or in stock-lending and borrowing connected to clients, rather than any big bet in one direction.
Macquarie isn’t shifting its fundamental stance. In a Feb. 10 operational briefing, chief executive Shemara Wikramanayake described the December quarter’s trading environment as “satisfactory.” Asset management, she noted, saw a lift from divestment gains. (Macquarie)
Still, the downside isn’t hard to spot: Macquarie’s momentum can slip fast if global risk appetite dries up or market volatility and trading volume drop off. Those disclosed stakes? They can just as swiftly unwind, whether through security recalls or shifting client positions.
Eyes turn to MQG in the next session to see if Thursday’s rally sticks as the broader market moves. Looking ahead, Macquarie’s full-year results are penciled in for Friday, May 8. Shares go ex-dividend Monday, May 18, and the payout comes July 2. (Macquarie)
