Black River Asset Management’s Galicia Financial Group GGAL Stock Holding History

Black River Asset Management’s Portfolio GGAL Stock Details GGAL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-10,285	Closed	-$193K	–	5
2015 Q2	$193K	Sell	10,285 -35,882	-78%	-$774K	0.1%	27
2015 Q1	$1.07M	Sell	46,167 -130,000	-74%	-$2.56M	0.71%	26
2014 Q4	$2.8M	Sell	176,167 -40,000	-19%	-$581K	2.04%	17
2014 Q3	$3.07M	Buy	216,167 +50,962	+31%	+$738K	3.48%	10
2014 Q2	$2.42M	Buy	165,205 +139,905	+553%	+$1.89M	3.16%	11
2014 Q1	$311K	Buy	+25,300	New	+$243K	0.47%	14

Other funds holding GGAL

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

BHCM

Brevan Howard Capital Management St. Helier, Jersey $11.3B AUM 35.84% 1-Year Est. Return

Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return

Schroder Investment Management Group London, United Kingdom $122B AUM 29.27% 1-Year Est. Return

HSBC Holdings London, United Kingdom $192B AUM 27.2% 1-Year Est. Return

EMS Capital New York $944M AUM 17.76% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

BCM

Bienville Capital Management New York $550M AUM 3.49% 1-Year Est. Return

INCA Investments Miami, Florida $282M AUM 42.53% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Black River Asset Management's GGAL Position: Q3 2015 in Review

Black River Asset Management sold out of Galicia Financial Group (GGAL) in Q3 2015, closing a stake of 10,285 shares — an estimated $193K sold.

Black River Asset Management first reported a position in GGAL in Q1 2014 and held it in 6 quarters. The position peaked at $3.07M in Q3 2014. 76 funds tracked by Wall St. Rank hold GGAL as of Q3 2015.

Black River Asset Management reported no remaining Galicia Financial Group position as of Q3 2015 after selling out during the quarter.
Black River Asset Management sold 10,285 Galicia Financial Group shares in Q3 2015, an estimated $193K.
Black River Asset Management first reported a position in Galicia Financial Group in Q1 2014 and held it in 6 quarters.
Black River Asset Management's Galicia Financial Group position peaked at $3.07M in Q3 2014.
76 funds tracked by Wall St. Rank held Galicia Financial Group as of Q3 2015.

Based on Black River Asset Management's 13F filing for Q3 2015, filed 3 Nov 2015.