Geospace Technologies
GEOS
90 hedge funds and large institutions have $119M invested in Geospace Technologies in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 28 increasing their positions, 31 reducing their positions, and 13 closing their positions.
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
17% more capital invested
Capital invested by funds: $102M → $119M (+$17.1M)
5% more funds holding
Funds holding: 86 → 90 (+4)
10% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 31
13.79% less ownership
Funds ownership: 76.12% → 62.33% (-14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.35M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$1.65M |
| 3 |
Goldman Sachs
New York
|
+$1.33M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$1.19M |
| 5 |
FM
Fondren Management
Houston,
Texas
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$15.3M |
| 2 |
BlackRock
New York
|
-$5.84M |
| 3 |
State Street
Boston,
Massachusetts
|
-$2.56M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$2.2M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$1.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -122 | Closed |
|
102
SEI Investments
Oaks,
Pennsylvania
| – | +$208 | +18 | New |
|
103
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$255 | +22 | +96% |
|
GEOS Hedge Fund Activity: Q2 2018 in Review
90 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Geospace Technologies (GEOS) for Q2 2018, worth a combined $119M — up 17% from $102M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new GEOS positions and 13 closed out — a net gain of 4 holders — while 28 added to existing stakes and 31 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $2.35M. The largest seller was Brown Capital Management, exiting entirely with an estimated $15.3M sold.
- 90 institutional investors held Geospace Technologies (GEOS) as of Q2 2018, up from 86 in Q1 2018.
- Funds reported $119M of Geospace Technologies stock for Q2 2018, up 17% quarter-over-quarter.
- 17 funds opened new Geospace Technologies positions in Q2 2018 and 13 closed out, a net change of +4 holders.
- The largest Geospace Technologies buyer in Q2 2018 was Millennium Management, an estimated $2.35M added.
- The largest Geospace Technologies seller in Q2 2018 was Brown Capital Management, an estimated $15.3M sold.
Based on aggregated 13F filings for Q2 2018.