GigaCloud Technology
10 hedge funds and large institutions have $929K invested in GigaCloud Technology in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 6 closing their positions.
30% more capital invested
Capital invested by funds: $713K → $929K (+$216K)
0.07% more ownership
Funds ownership: 0.4% → 0.47% (+0.07%)
0% more funds holding
Funds holding: 10 → 10 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| 1 |
Marshall Wace
London,
United Kingdom
|
+$208K |
| 2 |
BlackRock
New York
|
+$199K |
| 3 |
Renaissance Technologies
New York
|
+$78.2K |
| 4 |
Millennium Management
New York
|
+$76K |
| 5 |
Two Sigma Investments
New York
|
+$66.1K |
Top Sellers
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
-$420K |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$68.8K |
| 3 |
QT
Quantbot Technologies
New York
|
-$17.7K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$14K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$11.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
BlackRock
New York
| $288K | +$199K | +36,218 | +383% |
|
|
2
Marshall Wace
London,
United Kingdom
| $238K | +$208K | +37,752 | New |
|
3
Geode Capital Management
Boston,
Massachusetts
| $113K | – | – | – |
|
|
4
Renaissance Technologies
New York
| $89K | +$78.2K | +14,200 | New |
|
|
5
Millennium Management
New York
| $87K | +$76K | +13,805 | New |
|
|
6
Two Sigma Investments
New York
| $75.6K | +$66.1K | +11,993 | New |
|
7
Morgan Stanley
New York
| $23.8K | -$3.56K | -647 | -15% |
|
8
Citigroup
New York
| $13.5K | +$11.8K | +2,142 | New |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $1K | +$617 | +112 | New |
|
|
10
Verition Fund Management
Greenwich,
Connecticut
| – | -$420K | -73,789 | Closed |
|
|
CSS
11
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$68.8K | -12,100 | Closed |
|
|
QT
12
Quantbot Technologies
New York
| – | -$17.7K | -3,110 | Closed |
|
|
13
UBS Group
Zurich,
Switzerland
| – | -$14K | -2,454 | Closed |
|
|
14
Bank of America
Charlotte,
North Carolina
| – | -$11.2K | -1,970 | Closed |
|
15
Simplex Trading
Chicago,
Illinois
| – | -$264 | -48 | -29% |
|
GCT Hedge Fund Activity: Q1 2023 in Review
10 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in GigaCloud Technology (GCT) for Q1 2023, worth a combined $929K — up 30% from $713K a quarter earlier.
Fund positioning in GCT was balanced in Q1 2023: 6 funds opened new positions, 6 closed out, 1 added to existing stakes and 2 trimmed.
The largest buyer was Marshall Wace, opening a new position worth an estimated $208K. The largest seller was Verition Fund Management, exiting entirely with an estimated $420K sold.
- 10 institutional investors held GigaCloud Technology (GCT) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $929K of GigaCloud Technology stock for Q1 2023, up 30% quarter-over-quarter.
- 6 funds opened new GigaCloud Technology positions in Q1 2023 and 6 closed out, a net change of 0 holders.
- The largest GigaCloud Technology buyer in Q1 2023 was Marshall Wace, an estimated $208K added.
- The largest GigaCloud Technology seller in Q1 2023 was Verition Fund Management, an estimated $420K sold.
Based on aggregated 13F filings for Q1 2023.