GigaCloud Technology
128 hedge funds and large institutions have $246M invested in GigaCloud Technology in 2024 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 40 increasing their positions, 22 reducing their positions, and 33 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 22
70% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 33
48% more capital invested
Capital invested by funds: $166M → $246M (+$80.2M)
21% more funds holding
Funds holding: 106 → 128 (+22)
4.94% more ownership
Funds ownership: 19.64% → 24.59% (+4.9%)
7% more call options, than puts
Call options by funds: $61.2M | Put options by funds: $57M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$40.1M |
| 2 |
Morgan Stanley
New York
|
+$17.5M |
| 3 |
State Street
Boston,
Massachusetts
|
+$12.7M |
| 4 |
Barclays
London,
United Kingdom
|
+$11.7M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$9.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Anatole Investment Management
Central,
Hong Kong
|
-$20M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$16M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$10.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.01M |
| 5 |
HM
HCEP Management
Hong Kong
|
-$7.99M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RP
151
Regal Partners
Sydney, NSW,
Australia
| – | -$401K | -15,000 | Closed |
|
|
XT
152
XTX Topco
George Town,
Cayman Islands
| – | -$398K | -14,891 | Closed |
|
|
SWM
153
SeaCrest Wealth Management
Purchase,
New York
| – | -$391K | -14,640 | Closed |
|
154
Walleye Trading
New York
| – | -$345K | -12,895 | Closed |
|
155
HighTower Advisors
Chicago,
Illinois
| – | -$254K | -9,741 | Closed |
|
|
RWM
156
Ritholtz Wealth Management
New York
| – | -$231K | -8,632 | Closed |
|
|
BBA
157
Baader Bank Aktiengesellschaft
Unterschleissheim,
Germany
| – | -$214K | -8,000 | Closed |
|
158
Balyasny Asset Management
Chicago,
Illinois
| – | -$213K | -7,979 | Closed |
|
|
GWP
159
Gen-Wealth Partners
Zeeland,
Michigan
| – | -$80.7K | -3,020 | Closed |
|
|
HI
160
Harbour Investments
Madison,
Wisconsin
| – | -$6.68K | -250 | Closed |
|
161
Fidelity Investments
Boston,
Massachusetts
| – | -$882 | -33 | Closed |
|
GCT Hedge Fund Activity: Q2 2024 in Review
128 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in GigaCloud Technology (GCT) for Q2 2024, worth a combined $246M — up 48% from $166M a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new GCT positions and 33 closed out — a net gain of 23 holders — while 40 added to existing stakes and 22 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $40.1M. The largest seller was Anatole Investment Management, exiting entirely with an estimated $20M sold.
- 128 institutional investors held GigaCloud Technology (GCT) as of Q2 2024, up from 106 in Q1 2024.
- Funds reported $246M of GigaCloud Technology stock for Q2 2024, up 48% quarter-over-quarter.
- 56 funds opened new GigaCloud Technology positions in Q2 2024 and 33 closed out, a net change of +23 holders.
- The largest GigaCloud Technology buyer in Q2 2024 was BlackRock, an estimated $40.1M added.
- The largest GigaCloud Technology seller in Q2 2024 was Anatole Investment Management, an estimated $20M sold.
Based on aggregated 13F filings for Q2 2024.