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What smart money is saying about Clicks GroupSouth Africa flag

CLS.JO · Healthcare · Pharmaceutical Retailers

1 fund in our archive has pitched Clicks Group, most recently Benguela Global SA Capped SWIX Equity in June 2026.

Company profile

Clicks Group Limited, together with its subsidiaries, operates as a health, wellness, and beauty retailer in South Africa and internationally. The company operates through two segments, Retail and Distribution. It provides retail, including Clicks, a specialist health, beauty and homeware retailer; Sorbet, a franchise of hair and beauty salons; 180 Degrees Marketing, a software development company; and The Body shop, which specializes in naturally inspired luxury toiletries, cosmetics, gifting and grooming, with stores. The company also offers various ranges of mother-and-baby products, including baby hardware, accessories, health, food, diaper and wipes, and baby toiletries under the Clicks Baby brand; and diabetic clinic, travel clinic, and wound management practice under the M-KEM brand. In addition, the company is involved in the wholesale and supply of pharmaceutical products to retail pharmacies, private hospitals, dispensing doctors, and retail health stores under the UPD brand. The company was formerly known as New Clicks Holdings Limited and changed its name to Clicks Group Limited in June 2009. Clicks Group Limited was founded in 1968 and is headquartered in Cape Town, South Africa.

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1
Reported positions
1
Bought
0
Sold
1
Letter

Position history

Every position in Clicks Group on record in the archive was reported in Q2 2026, across 1 fund letter, with 1 buy (opened or added).

Fund letters reporting a position in Clicks Group, by quarter
QuarterLettersBoughtSoldTheses
Q2 20261101

Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.

Fund activity · 1 position · 1 move

  • AddedBenguela Global SA Capped SWIX Equity
    June 2026
    “We made a modest addition to our position in Clicks Group during the quarter, where we see an attractive combination of defensive earnings quality, a strong balance sheet, and a valuation that continues to lag the quality of the underlying franchise.”
    Clicks Group

Fund coverage · 1 thesis

  • Benguela Global SA Capped SWIX Equity
    June 2026

    Clicks offers defensive earnings quality, a strong balance sheet and a durable pharmacy-led retail model, with the valuation still lagging the quality of the franchise.

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