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Galicia Financial Group
GGAL

40 hedge funds and large institutions have $100M invested in Galicia Financial Group in 2013 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

211% more call options, than puts

Call options by funds: $572K | Put options by funds: $184K

129% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 7

95% more capital invested

Capital invested by funds: $51.3M → $100M (+$48.8M)

44% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 9

29% more funds holding

Funds holding: 31 → 40 (+9)

Holders
40
Holders Change
+9
Holders Change %
+29.03%
% of All Funds
1.16%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
16
Increased
13
Reduced
9
Closed
7
Calls
$572K
Puts
$184K
Net Calls
+$388K
Net Calls Change
+$356K

Top Buyers

1
Fidelity Investments
Fidelity Investments
Massachusetts
+$15.1M
2
Wellington Management Group
Wellington Management Group
Massachusetts
+$13.5M
3
BIT
BlackRock Institutional Trust
California
+$4.95M
4
EC
Everest Capital
Florida
+$3.67M
5
RFC
Russell Frank Company
Washington
+$3.44M

Top Sellers

1
PPA
Parametric Portfolio Associates
Washington
-$2.19M
2
Acadian Asset Management
Acadian Asset Management
Massachusetts
-$1.29M
3
Renaissance Technologies
Renaissance Technologies
New York
-$781K
4
Northern Trust
Northern Trust
Illinois
-$333K
5
LPL Financial
LPL Financial
California
-$297K
Name Holding Trade Value Shares
Change 		Change in
Stake
AG
26
Ashmore Group
United Kingdom
$207K +$211K +19,796 New
OAMG
27
Odey Asset Management Group
United Kingdom
$172K +$176K +16,500 New
VKH
28
Virtu KCG Holdings
New York
$152K +$156K +14,593 New
Wells Fargo
29
Wells Fargo
California
$122K +$77.6K +7,268 +166%
EMG
30
Ellington Management Group
Connecticut
$108K +$110K +10,300 New
VanEck Associates
31
VanEck Associates
New York
$69K -$1.82K -171 -3%
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$57K +$58.9K +5,519 New
EARNEST Partners
33
EARNEST Partners
Georgia
$31K +$32.1K +3,007 New
AP
34
Advisors Preferred
Maryland
$17K +$17.6K +1,650 New
GC
35
Globeflex Capital
California
$16K – – –
Invesco
36
Invesco
Georgia
$13K +$32 +3 +0.3%
U
37
UBS
Switzerland
$11K -$71.3K -6,683 -87%
AIG
38
American International Group
New York
$4.64K -$5.93K -556 -56%
TAM
39
Tocqueville Asset Management
New York
$3K +$3.47K +325 New
Ameriprise
40
Ameriprise
Minnesota
$2K -$213 -20 -11%
Renaissance Technologies
41
Renaissance Technologies
New York
– -$781K -82,165 Closed
LPL Financial
42
LPL Financial
California
– -$297K -26,597 Closed
Millennium Management
43
Millennium Management
New York
– -$200K -21,055 Closed
SG Americas Securities
44
SG Americas Securities
New York
– -$159K -16,700 Closed
Group One Trading
45
Group One Trading
Illinois
– -$89.1K -8,354 Closed
TRCT
46
Tower Research Capital (TRC)
New York
– -$12K -1,238 Closed
Citigroup
47
Citigroup
New York
– -$3K -293 Closed
1
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GGAL Hedge Fund Activity: Q4 2013 in Review

40 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Galicia Financial Group (GGAL) for Q4 2013, worth a combined $100M — up 95% from $51.3M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new GGAL positions and 7 closed out — a net gain of 9 holders — while 13 added to existing stakes and 9 trimmed.

The largest buyer was Fidelity Investments, opening a new position worth an estimated $15.1M. The largest seller was Parametric Portfolio Associates, cutting an estimated $2.19M.

  • 40 institutional investors held Galicia Financial Group (GGAL) as of Q4 2013, up from 31 in Q3 2013.
  • Funds reported $100M of Galicia Financial Group stock for Q4 2013, up 95% quarter-over-quarter.
  • 16 funds opened new Galicia Financial Group positions in Q4 2013 and 7 closed out, a net change of +9 holders.
  • The largest Galicia Financial Group buyer in Q4 2013 was Fidelity Investments, an estimated $15.1M added.
  • The largest Galicia Financial Group seller in Q4 2013 was Parametric Portfolio Associates, an estimated $2.19M sold.

Based on aggregated 13F filings for Q4 2013.