Galicia Financial Group
GGAL
116 hedge funds and large institutions have $932M invested in Galicia Financial Group in 2018 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 37 increasing their positions, 35 reducing their positions, and 13 closing their positions.
108% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 13
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
35% more call options, than puts
Call options by funds: $24.7M | Put options by funds: $18.3M
13% more funds holding
Funds holding: 103 → 116 (+13)
11% more capital invested
Capital invested by funds: $843M → $932M (+$88.5M)
6% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 35
0.23% more ownership
Funds ownership: 2.89% → 3.12% (+0.23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$18.8M |
| 2 |
AI
Axiom Investors
Greenwich,
Connecticut
|
+$17.3M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$14.5M |
| 4 |
II
INCA Investments
Miami,
Florida
|
+$14.1M |
| 5 |
Morgan Stanley
New York
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$63.5M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$12.6M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$11M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$9.16M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$6.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NCM
126
Newfoundland Capital Management
Sao Paulo,
Brazil
| – | -$15K | -600 | Closed |
|
|
IA
127
IFP Advisors
Tampa,
Florida
| – | -$1K | -48 | Closed |
|
128
AssetMark Inc
Concord,
California
| – | -$1K | -38 | Closed |
|
GGAL Hedge Fund Activity: Q4 2018 in Review
116 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Galicia Financial Group (GGAL) for Q4 2018, worth a combined $932M — up 11% from $843M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new GGAL positions and 13 closed out — a net gain of 14 holders — while 37 added to existing stakes and 35 trimmed.
The largest buyer was BlackRock, adding an estimated $18.8M. The largest seller was Capital World Investors, cutting an estimated $63.5M.
- 116 institutional investors held Galicia Financial Group (GGAL) as of Q4 2018, up from 103 in Q3 2018.
- Funds reported $932M of Galicia Financial Group stock for Q4 2018, up 11% quarter-over-quarter.
- 27 funds opened new Galicia Financial Group positions in Q4 2018 and 13 closed out, a net change of +14 holders.
- The largest Galicia Financial Group buyer in Q4 2018 was BlackRock, an estimated $18.8M added.
- The largest Galicia Financial Group seller in Q4 2018 was Capital World Investors, an estimated $63.5M sold.
Based on aggregated 13F filings for Q4 2018.