Galicia Financial Group
GGAL
99 hedge funds and large institutions have $725M invested in Galicia Financial Group in 2016 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 32 increasing their positions, 26 reducing their positions, and 13 closing their positions.
182% more call options, than puts
Call options by funds: $40.2M | Put options by funds: $14.3M
77% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 13
27% more capital invested
Capital invested by funds: $573M → $725M (+$152M)
23% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 26
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
9% more funds holding
Funds holding: 91 → 99 (+8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$32.3M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$14.8M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$10.8M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$10.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$11.1M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5.32M |
| 3 |
AG
Ashmore Group
London,
United Kingdom
|
-$2.94M |
| 4 |
Millennium Management
New York
|
-$2.76M |
| 5 |
RAA
RWC Asset Advisors
Miami,
Florida
|
-$2.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
101
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$671K | -23,722 | Closed |
|
102
Bank of New York Mellon
New York
| – | -$328K | -11,577 | Closed |
|
103
Group One Trading
Chicago,
Illinois
| – | -$282K | -9,765 | Closed |
|
104
Simplex Trading
Chicago,
Illinois
| – | -$115K | -3,981 | Closed |
|
105
Nordea Investment Management
Stockholm,
Sweden
| – | -$102K | -3,600 | Closed |
|
|
3C
106
361 Capital
Denver,
Colorado
| – | -$38K | -1,340 | Closed |
|
|
GWM
107
Geneos Wealth Management
Englewood,
Colorado
| – | -$14K | -519 | Closed |
|
108
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$8.62K | -299 | -98% |
|
109
Citigroup
New York
| – | -$8K | -269 | Closed |
|
|
IR
110
Invictus RG
Hamilton,
Bermuda
| – | -$5K | -185 | Closed |
|
|
TRCT
111
Tower Research Capital (TRC)
New York
| – | -$3K | -108 | Closed |
|
GGAL Hedge Fund Activity: Q2 2016 in Review
99 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Galicia Financial Group (GGAL) for Q2 2016, worth a combined $725M — up 27% from $573M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new GGAL positions and 13 closed out — a net gain of 10 holders — while 32 added to existing stakes and 26 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $32.3M. The largest seller was Alden Global Capital, cutting an estimated $11.1M.
- 99 institutional investors held Galicia Financial Group (GGAL) as of Q2 2016, up from 91 in Q1 2016.
- Funds reported $725M of Galicia Financial Group stock for Q2 2016, up 27% quarter-over-quarter.
- 23 funds opened new Galicia Financial Group positions in Q2 2016 and 13 closed out, a net change of +10 holders.
- The largest Galicia Financial Group buyer in Q2 2016 was Morgan Stanley, an estimated $32.3M added.
- The largest Galicia Financial Group seller in Q2 2016 was Alden Global Capital, an estimated $11.1M sold.
Based on aggregated 13F filings for Q2 2016.