CGG
CGG
CGG was delisted on the 1st of October, 2018.
4 hedge funds and large institutions have $67K invested in CGG in 2018 Q4 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 0 reducing their positions, and 8 closing their positions.
60% less funds holding
Funds holding: 10 → 4 (-6)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
86% less capital invested
Capital invested by funds: $463K → $67K (-$396K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$56K |
| 2 |
Comerica Bank
Dallas,
Texas
|
+$55.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$361K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$32K |
| 3 |
Morgan Stanley
New York
|
-$29K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$28K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Comerica Bank
Dallas,
Texas
| $37K | +$55.6K | +20,156 | New |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $27K | +$56K | +20,282 | New |
|
|
ACM
3
AUA Capital Management
Camp Hill,
Pennsylvania
| $3K | – | – | – |
|
|
CCM
4
Contrarian Capital Management
Greenwich,
Connecticut
| – | -$361K | -133,197 | Closed |
|
|
5
Citadel Advisors
Miami,
Florida
| – | -$32K | -11,730 | Closed |
|
|
6
Morgan Stanley
New York
| – | -$29K | -10,749 | Closed |
|
|
PPA
7
Parametric Portfolio Associates
Seattle,
Washington
| – | -$28K | -10,189 | Closed |
|
|
8
UBS Group
Zurich,
Switzerland
| – | -$5K | -1,798 | Closed |
|
|
RE
9
RBC Europe
London,
United Kingdom
| – | -$740 | -273 | Closed |
|
CGG Hedge Fund Activity: Q4 2018 in Review
4 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in CGG (CGG) for Q4 2018, worth a combined $67K — down 86% from $463K a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of CGG and 2 opened new positions — a net loss of 6 holders — while 0 trimmed existing stakes and 0 added.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $56K. The largest seller was Contrarian Capital Management, exiting entirely with an estimated $361K sold.
- 4 institutional investors held CGG (CGG) as of Q4 2018, down from 10 in Q3 2018.
- Funds reported $67K of CGG stock for Q4 2018, down 86% quarter-over-quarter.
- 2 funds opened new CGG positions in Q4 2018 and 8 closed out, a net change of -6 holders.
- The largest CGG buyer in Q4 2018 was Envestnet Asset Management, an estimated $56K added.
- The largest CGG seller in Q4 2018 was Contrarian Capital Management, an estimated $361K sold.
Based on aggregated 13F filings for Q4 2018.