CGG
CGG
CGG was delisted on the 1st of October, 2018.
12 hedge funds and large institutions have $528K invested in CGG in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 3 closing their positions.
100% more capital invested
Capital invested by funds: $263K → $528K (+$264K)
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
9% more funds holding
Funds holding: 11 → 12 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$606K |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$80.4K |
| 3 |
Morgan Stanley
New York
|
+$51.5K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$49K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$13.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WS
Wedbush Securities
Los Angeles,
California
|
-$79K |
| 2 |
RCM
Riverhead Capital Management
Wilmington,
Delaware
|
-$1K |
| 3 |
Barclays
London,
United Kingdom
|
-$4 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
1
Contrarian Capital Management
Greenwich,
Connecticut
| $328K | +$606K | +143,197 | New |
|
|
2
Morgan Stanley
New York
| $112K | +$51.5K | +12,159 | +33% |
|
|
CL
3
CSS LLC
Chicago,
Illinois
| $44K | +$80.4K | +19,000 | New |
|
|
4
Citadel Advisors
Miami,
Florida
| $26K | +$49K | +11,565 | New |
|
|
5
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $7K | +$13.3K | +3,150 | New |
|
6
UBS Group
Zurich,
Switzerland
| $6K | +$1.13K | +268 | +12% |
|
|
ACM
7
AUA Capital Management
Camp Hill,
Pennsylvania
| $2K | – | – | – |
|
8
Bank of America
Charlotte,
North Carolina
| $2K | – | – | – |
|
|
RE
9
RBC Europe
London,
United Kingdom
| $625 | – | – | – |
|
|
WS
10
Wedbush Securities
Los Angeles,
California
| – | -$79K | -17,706 | Closed |
|
|
RCM
11
Riverhead Capital Management
Wilmington,
Delaware
| – | -$1K | -231 | Closed |
|
|
12
Barclays
London,
United Kingdom
| – | -$4 | -1 | -3% |
|
CGG Hedge Fund Activity: Q1 2018 in Review
12 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in CGG (CGG) for Q1 2018, worth a combined $528K — up 100% from $263K a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new CGG positions and 3 closed out — a net gain of 1 holder — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Contrarian Capital Management, opening a new position worth an estimated $606K. The largest seller was Wedbush Securities, exiting entirely with an estimated $79K sold.
- 12 institutional investors held CGG (CGG) as of Q1 2018, up from 11 in Q4 2017.
- Funds reported $528K of CGG stock for Q1 2018, up 100% quarter-over-quarter.
- 4 funds opened new CGG positions in Q1 2018 and 3 closed out, a net change of +1 holder.
- The largest CGG buyer in Q1 2018 was Contrarian Capital Management, an estimated $606K added.
- The largest CGG seller in Q1 2018 was Wedbush Securities, an estimated $79K sold.
Based on aggregated 13F filings for Q1 2018.