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GigaCloud Technology
GCT

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.

New
Increased
Maintained
Reduced
Closed

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)

Holders
128
Holders Change
+22
Holders Change %
+20.75%
% of All Funds
1.85%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
56
Increased
40
Reduced
22
Closed
33
Calls
$61.2M
Puts
$57M
Net Calls
+$4.22M
Net Calls Change
+$16.5M

Top Buyers

1
BlackRock
BlackRock
New York
+$40.1M
2
Morgan Stanley
Morgan Stanley
New York
+$17.5M
3
State Street
State Street
Massachusetts
+$12.7M
4
Barclays
Barclays
United Kingdom
+$11.7M
5
Geode Capital Management
Geode Capital Management
Massachusetts
+$9.39M

Top Sellers

1
AIM
Anatole Investment Management
Hong Kong
-$20M
2
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$16M
3
Acadian Asset Management
Acadian Asset Management
Massachusetts
-$10.1M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$8.01M
5
HM
HCEP Management
Hong Kong
-$7.99M
Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$36.6M +$40.1M +1,204,521 New
Morgan Stanley
2
Morgan Stanley
New York
$21.4M +$17.5M +524,836 +296%
State Street
3
State Street
Massachusetts
$11.6M +$12.7M +381,408 New
Barclays
4
Barclays
United Kingdom
$11M +$11.7M +351,876 +3,636%
BCM
5
Bridgeway Capital Management
Texas
$10.8M +$420K +12,600 +4%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$9.21M +$9.39M +281,770 +1,353%
PP
7
Pertento Partners
United Kingdom
$9.16M +$6.44M +193,198 +179%
Franklin Resources
8
Franklin Resources
California
$8.34M -$812K -24,355 -8%
N
9
Nuveen
North Carolina
$7.84M +$8.59M +257,613 New
Vanguard Group
10
Vanguard Group
Pennsylvania
$7.77M +$8.52M +255,510 New
CIBC World Market
11
CIBC World Market
Ontario, Canada
$7.22M +$7.91M +237,340 New
Goldman Sachs
12
Goldman Sachs
New York
$7.04M +$1.95M +58,383 +34%
NAM
13
NorthCrest Asset Manangement
Minnesota
$6.1M – – –
EF
14
Empowered Funds
Pennsylvania
$5.36M +$420K +12,600 +8%
LPL Financial
15
LPL Financial
California
$5.2M +$1.43M +42,861 +33%
Citadel Advisors
16
Citadel Advisors
Florida
$4.53M +$3.77M +113,252 +319%
MM
17
Monolith Management
Hong Kong
$3.85M +$4.22M +126,700 New
RJA
18
Raymond James & Associates
Florida
$3.44M -$410K -12,290 -10%
Verition Fund Management
19
Verition Fund Management
Connecticut
$3.28M +$3.01M +90,400 +523%
Bank of America
20
Bank of America
North Carolina
$2.82M +$2.43M +73,042 +374%
Kayne Anderson Rudnick Investment Management
21
Kayne Anderson Rudnick Investment Management
California
$2.77M +$1.14M +34,318 +60%
ACA
22
Aptus Capital Advisors
Alabama
$2.66M +$2.92M +87,552 New
SLC
23
Second Line Capital
Louisiana
$2.66M +$2.91M +87,452 New
Wells Fargo
24
Wells Fargo
California
$2.61M +$2.43M +72,845 +568%
QC
25
Quantedge Capital
Singapore
$2.55M +$2.79M +83,800 New
1
2 3 4 5

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.