Galicia Financial Group
GGAL
57 hedge funds and large institutions have $180M invested in Galicia Financial Group in 2014 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 22 increasing their positions, 10 reducing their positions, and 4 closing their positions.
400% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 4
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
120% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 10
48% more capital invested
Capital invested by funds: $122M → $180M (+$58.3M)
39% more funds holding
Funds holding: 41 → 57 (+16)
73% less call options, than puts
Call options by funds: $1.51M | Put options by funds: $5.57M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Everest Capital
Miami,
Florida
|
+$6.79M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.66M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.81M |
| 4 |
AGCJ
Alden Global Capital (Jersey)
St. Helier,
Jersey
|
+$4.42M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Ashmore Group
London,
United Kingdom
|
-$6.22M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.02M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.9M |
| 4 |
QBFM
QS Batterymarch Financial Management
New York
|
-$1.81M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$559K |
GGAL Hedge Fund Activity: Q2 2014 in Review
57 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Galicia Financial Group (GGAL) for Q2 2014, worth a combined $180M — up 48% from $122M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new GGAL positions and 4 closed out — a net gain of 16 holders — while 22 added to existing stakes and 10 trimmed.
The largest buyer was Everest Capital, adding an estimated $6.79M. The largest seller was Ashmore Group, cutting an estimated $6.22M.
- 57 institutional investors held Galicia Financial Group (GGAL) as of Q2 2014, up from 41 in Q1 2014.
- Funds reported $180M of Galicia Financial Group stock for Q2 2014, up 48% quarter-over-quarter.
- 20 funds opened new Galicia Financial Group positions in Q2 2014 and 4 closed out, a net change of +16 holders.
- The largest Galicia Financial Group buyer in Q2 2014 was Everest Capital, an estimated $6.79M added.
- The largest Galicia Financial Group seller in Q2 2014 was Ashmore Group, an estimated $6.22M sold.
Based on aggregated 13F filings for Q2 2014.