GFL Environmental Inc. Tangible Equity Units
GFLU
GFLU was delisted on the 14th of March, 2023.
27 hedge funds and large institutions have $691M invested in GFL Environmental Inc. Tangible Equity Units in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 10 closing their positions.
21% more capital invested
Capital invested by funds: $571M → $691M (+$120M)
10% less funds holding
Funds holding: 30 → 27 (-3)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$85.6M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$16.1M |
| 3 |
LP
LMR Partners
London,
United Kingdom
|
+$7.06M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.57M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$3.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$16.5M |
| 2 |
ACM
Advent Capital Management
New York
|
-$10.7M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$9.42M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.96M |
| 5 |
TSS
Two Sigma Securities
New York
|
-$7.46M |
GFLU Hedge Fund Activity: Q2 2020 in Review
27 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in GFL Environmental Inc. Tangible Equity Units (GFLU) for Q2 2020, worth a combined $691M — up 21% from $571M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of GFLU and 7 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 7 added.
The largest buyer was Allianz Asset Management, opening a new position worth an estimated $85.6M. The largest seller was Blackstone Inc, cutting an estimated $16.5M.
- 27 institutional investors held GFL Environmental Inc. Tangible Equity Units (GFLU) as of Q2 2020, down from 30 in Q1 2020.
- Funds reported $691M of GFL Environmental Inc. Tangible Equity Units stock for Q2 2020, up 21% quarter-over-quarter.
- 7 funds opened new GFL Environmental Inc. Tangible Equity Units positions in Q2 2020 and 10 closed out, a net change of -3 holders.
- The largest GFL Environmental Inc. Tangible Equity Units buyer in Q2 2020 was Allianz Asset Management, an estimated $85.6M added.
- The largest GFL Environmental Inc. Tangible Equity Units seller in Q2 2020 was Blackstone Inc, an estimated $16.5M sold.
Based on aggregated 13F filings for Q2 2020.