GlobalFoundries
257 hedge funds and large institutions have $29.1B invested in GlobalFoundries in 2024 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 96 increasing their positions, 84 reducing their positions, and 44 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 84
0.35% more ownership
Funds ownership: 101.63% → 101.98% (+0.35%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 44
2% less funds holding
Funds holding: 261 → 257 (-4)
14% less capital invested
Capital invested by funds: $33.7B → $29.1B (-$4.62B)
20% less call options, than puts
Call options by funds: $61.5M | Put options by funds: $77.3M
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$392M |
| 2 |
Squarepoint
New York
|
+$34.1M |
| 3 |
Goldman Sachs
New York
|
+$17.4M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$14.9M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$13.9M |
Top Sellers
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$140M |
| 2 |
KCM
Kodai Capital Management
Chicago,
Illinois
|
-$67.4M |
| 3 |
Millennium Management
New York
|
-$42.8M |
| 4 |
Morgan Stanley
New York
|
-$42.6M |
| 5 |
Jane Street
New York
|
-$35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
| – | -$121 | -2 | Closed |
|
|
AWM
302
Abound Wealth Management
Franklin,
Tennessee
| – | -$40 | -1 | Closed |
|
GFS Hedge Fund Activity: Q1 2024 in Review
257 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in GlobalFoundries (GFS) for Q1 2024, worth a combined $29.1B — down 14% from $33.7B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of GFS and 40 opened new positions — a net loss of 4 holders — while 84 trimmed existing stakes and 96 added.
The largest buyer was Fidelity Investments, adding an estimated $392M. The largest seller was Ameriprise, cutting an estimated $140M.
- 257 institutional investors held GlobalFoundries (GFS) as of Q1 2024, down from 261 in Q4 2023.
- Funds reported $29.1B of GlobalFoundries stock for Q1 2024, down 14% quarter-over-quarter.
- 40 funds opened new GlobalFoundries positions in Q1 2024 and 44 closed out, a net change of -4 holders.
- The largest GlobalFoundries buyer in Q1 2024 was Fidelity Investments, an estimated $392M added.
- The largest GlobalFoundries seller in Q1 2024 was Ameriprise, an estimated $140M sold.
Based on aggregated 13F filings for Q1 2024.