Galicia Financial Group
GGAL
31 hedge funds and large institutions have $51.3M invested in Galicia Financial Group in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 10 closing their positions.
128% more call options, than puts
Call options by funds: $57K | Put options by funds: $25K
115% more capital invested
Capital invested by funds: $23.8M → $51.3M (+$27.4M)
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
3% less funds holding
Funds holding: 32 → 31 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.94M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.68M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.76M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.13M |
| 5 |
EC
Everest Capital
Miami,
Florida
|
+$393K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
BlackRock Group
London,
United Kingdom
|
-$1.34M |
| 2 |
D.E. Shaw & Co
New York
|
-$1.2M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.08M |
| 4 |
MCM
Moore Capital Management
New York
|
-$862K |
| 5 |
ACJ
Autonomy Capital (Jersey)
St. Helier,
Jersey
|
-$403K |
GGAL Hedge Fund Activity: Q3 2013 in Review
31 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Galicia Financial Group (GGAL) for Q3 2013, worth a combined $51.3M — up 115% from $23.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of GGAL and 9 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 11 added.
The largest buyer was Deutsche Bank, adding an estimated $3.94M. The largest seller was BlackRock Group, exiting entirely with an estimated $1.34M sold.
- 31 institutional investors held Galicia Financial Group (GGAL) as of Q3 2013, down from 32 in Q2 2013.
- Funds reported $51.3M of Galicia Financial Group stock for Q3 2013, up 115% quarter-over-quarter.
- 9 funds opened new Galicia Financial Group positions in Q3 2013 and 10 closed out, a net change of -1 holder.
- The largest Galicia Financial Group buyer in Q3 2013 was Deutsche Bank, an estimated $3.94M added.
- The largest Galicia Financial Group seller in Q3 2013 was BlackRock Group, an estimated $1.34M sold.
Based on aggregated 13F filings for Q3 2013.