GCM Grosvenor
GCMG
29 hedge funds and large institutions have $123M invested in GCM Grosvenor in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
9% more capital invested
Capital invested by funds: $113M → $123M (+$10.3M)
7% more funds holding
Funds holding: 27 → 29 (+2)
2.89% more ownership
Funds ownership: 39.02% → 41.91% (+2.9%)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$4.6M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$4.02M |
| 3 |
CWM
CIBC World Markets
New York
|
+$3.72M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$3.32M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$5.87M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$3.71M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.52M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$2.06M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$501K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DWM
26
Dakota Wealth Management
Palm Beach Gardens,
Florida
| $266K | +$73.2K | +7,275 | +38% |
|
|
FHA
27
First Horizon Advisors
Memphis,
Tennessee
| $95K | – | – | – |
|
|
PAM
28
Panagora Asset Management
Boston,
Massachusetts
| $49K | -$2.06M | -205,208 | -98% |
|
29
Morgan Stanley
New York
| $10K | -$5.31K | -528 | -36% |
|
|
WAM
30
Weiss Asset Management
Boston,
Massachusetts
| – | -$3.71M | -370,000 | Closed |
|
|
31
Stifel Financial
St. Louis,
Missouri
| – | -$501K | -50,000 | Closed |
|
32
UBS Group
Zurich,
Switzerland
| – | -$5K | -500 | Closed |
|
GCMG Hedge Fund Activity: Q3 2019 in Review
29 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in GCM Grosvenor (GCMG) for Q3 2019, worth a combined $123M — up 9.2% from $113M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GCMG positions and 3 closed out — a net gain of 3 holders — while 5 added to existing stakes and 7 trimmed.
The largest buyer was Periscope Capital, adding an estimated $4.6M. The largest seller was AQR Arbitrage, cutting an estimated $5.87M.
- 29 institutional investors held GCM Grosvenor (GCMG) as of Q3 2019, up from 27 in Q2 2019.
- Funds reported $123M of GCM Grosvenor stock for Q3 2019, up 9.2% quarter-over-quarter.
- 6 funds opened new GCM Grosvenor positions in Q3 2019 and 3 closed out, a net change of +3 holders.
- The largest GCM Grosvenor buyer in Q3 2019 was Periscope Capital, an estimated $4.6M added.
- The largest GCM Grosvenor seller in Q3 2019 was AQR Arbitrage, an estimated $5.87M sold.
Based on aggregated 13F filings for Q3 2019.