General Finance Corporation
GFN
GFN was delisted on the 25th of May, 2021.
47 hedge funds and large institutions have $79M invested in General Finance Corporation in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 7 closing their positions.
24% more capital invested
Capital invested by funds: $63.5M → $79M (+$15.5M)
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 51 → 47 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$835K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$435K |
| 3 |
Morgan Stanley
New York
|
+$133K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$112K |
| 5 |
BlackRock
New York
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$890K |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$331K |
| 3 |
Charles Schwab
San Francisco,
California
|
-$308K |
| 4 |
GS
Gagnon Securities
New York
|
-$162K |
| 5 |
M&T Bank
Buffalo,
New York
|
-$133K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Simplex Trading
Chicago,
Illinois
| – | -$12K | -1,401 | Closed |
|
52
Group One Trading
Chicago,
Illinois
| – | -$8K | -909 | Closed |
|
|
PCM
53
Prelude Capital Management
New York
| – | -$7K | -823 | Closed |
|
|
CFGS
54
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$1.55K | -157 | Closed |
|
GFN Hedge Fund Activity: Q4 2019 in Review
47 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in General Finance Corporation (GFN) for Q4 2019, worth a combined $79M — up 24% from $63.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GFN and 3 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 18 added.
The largest buyer was Royce & Associates, adding an estimated $835K. The largest seller was Cornercap Investment Counsel, exiting entirely with an estimated $890K sold.
- 47 institutional investors held General Finance Corporation (GFN) as of Q4 2019, down from 51 in Q3 2019.
- Funds reported $79M of General Finance Corporation stock for Q4 2019, up 24% quarter-over-quarter.
- 3 funds opened new General Finance Corporation positions in Q4 2019 and 7 closed out, a net change of -4 holders.
- The largest General Finance Corporation buyer in Q4 2019 was Royce & Associates, an estimated $835K added.
- The largest General Finance Corporation seller in Q4 2019 was Cornercap Investment Counsel, an estimated $890K sold.
Based on aggregated 13F filings for Q4 2019.