The GEO Group
263 hedge funds and large institutions have $2.71B invested in The GEO Group in 2018 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 93 increasing their positions, 88 reducing their positions, and 15 closing their positions.
167% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 15
97% more call options, than puts
Call options by funds: $11.3M | Put options by funds: $5.74M
8% more funds holding
Funds holding: 243 → 263 (+20)
6% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 88
1.5% less ownership
Funds ownership: 90.12% → 88.62% (-1.5%)
10% less capital invested
Capital invested by funds: $3B → $2.71B (-$289M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$39.6M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$29.7M |
| 3 |
JP Morgan Chase
New York
|
+$18.8M |
| 4 |
Millennium Management
New York
|
+$12.9M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$159M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$71.4M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$23.1M |
| 4 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$12.5M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$11.1M |
GEO Hedge Fund Activity: Q3 2018 in Review
263 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in The GEO Group (GEO) for Q3 2018, worth a combined $2.71B — down 9.6% from $3B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new GEO positions and 15 closed out — a net gain of 25 holders — while 93 added to existing stakes and 88 trimmed.
The largest buyer was Capital Growth Management, opening a new position worth an estimated $39.6M. The largest seller was Cohen & Steers, exiting entirely with an estimated $159M sold.
- 263 institutional investors held The GEO Group (GEO) as of Q3 2018, up from 243 in Q2 2018.
- Funds reported $2.71B of The GEO Group stock for Q3 2018, down 9.6% quarter-over-quarter.
- 40 funds opened new The GEO Group positions in Q3 2018 and 15 closed out, a net change of +25 holders.
- The largest The GEO Group buyer in Q3 2018 was Capital Growth Management, an estimated $39.6M added.
- The largest The GEO Group seller in Q3 2018 was Cohen & Steers, an estimated $159M sold.
Based on aggregated 13F filings for Q3 2018.