Galicia Financial Group
GGAL
55 hedge funds and large institutions have $218M invested in Galicia Financial Group in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 15 reducing their positions, and 10 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 15
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
21% more capital invested
Capital invested by funds: $180M → $218M (+$38.4M)
4% less funds holding
Funds holding: 57 → 55 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
59% less call options, than puts
Call options by funds: $4.28M | Put options by funds: $10.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGCJ
Alden Global Capital (Jersey)
St. Helier,
Jersey
|
+$5.8M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$5.44M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.13M |
| 4 |
EC
EMS Capital
New York
|
+$4.67M |
| 5 |
BOTOTLSJU
Board of Trustees of The Leland Stanford Junior University
Redwood City,
California
|
+$4.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$2.7M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.57M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.56M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.48M |
| 5 |
SAM
Serengeti Asset Management
New York
|
-$733K |
GGAL Hedge Fund Activity: Q3 2014 in Review
55 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Galicia Financial Group (GGAL) for Q3 2014, worth a combined $218M — up 21% from $180M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of GGAL and 8 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 27 added.
The largest buyer was Alden Global Capital (Jersey), adding an estimated $5.8M. The largest seller was Fidelity International, exiting entirely with an estimated $2.7M sold.
- 55 institutional investors held Galicia Financial Group (GGAL) as of Q3 2014, down from 57 in Q2 2014.
- Funds reported $218M of Galicia Financial Group stock for Q3 2014, up 21% quarter-over-quarter.
- 8 funds opened new Galicia Financial Group positions in Q3 2014 and 10 closed out, a net change of -2 holders.
- The largest Galicia Financial Group buyer in Q3 2014 was Alden Global Capital (Jersey), an estimated $5.8M added.
- The largest Galicia Financial Group seller in Q3 2014 was Fidelity International, an estimated $2.7M sold.
Based on aggregated 13F filings for Q3 2014.