GlobalFoundries
270 hedge funds and large institutions have $22.1B invested in GlobalFoundries in 2024 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 105 increasing their positions, 86 reducing their positions, and 38 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 86
16% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 38
2% more funds holding
Funds holding: 266 → 270 (+4)
9% less call options, than puts
Call options by funds: $56M | Put options by funds: $61.8M
3.71% less ownership
Funds ownership: 102.69% → 98.97% (-3.7%)
23% less capital invested
Capital invested by funds: $28.8B → $22.1B (-$6.71B)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$53.9M |
| 2 |
TC
TwinBeech Capital
Purchase,
New York
|
+$17.8M |
| 3 |
Goldman Sachs
New York
|
+$15.4M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$12.1M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$9.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIC
Mubadala Investment Company
Abu Dhabi,
United Arab Emirates
|
-$887M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$50.3M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$35M |
| 4 |
Two Sigma Investments
New York
|
-$21.1M |
| 5 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
-$18.6M |
GFS Hedge Fund Activity: Q3 2024 in Review
270 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in GlobalFoundries (GFS) for Q3 2024, worth a combined $22.1B — down 23% from $28.8B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new GFS positions and 38 closed out — a net gain of 6 holders — while 105 added to existing stakes and 86 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $53.9M. The largest seller was Mubadala Investment Company, cutting an estimated $887M.
- 270 institutional investors held GlobalFoundries (GFS) as of Q3 2024, up from 266 in Q2 2024.
- Funds reported $22.1B of GlobalFoundries stock for Q3 2024, down 23% quarter-over-quarter.
- 44 funds opened new GlobalFoundries positions in Q3 2024 and 38 closed out, a net change of +6 holders.
- The largest GlobalFoundries buyer in Q3 2024 was Fidelity Investments, an estimated $53.9M added.
- The largest GlobalFoundries seller in Q3 2024 was Mubadala Investment Company, an estimated $887M sold.
Based on aggregated 13F filings for Q3 2024.