Galicia Financial Group
GGAL
127 hedge funds and large institutions have $376M invested in Galicia Financial Group in 2019 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 43 increasing their positions, 34 reducing their positions, and 50 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 34
1.18% less ownership
Funds ownership: 3.72% → 2.54% (-1.2%)
15% less funds holding
Funds holding: 149 → 127 (-22)
19% less call options, than puts
Call options by funds: $41.5M | Put options by funds: $51M
44% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 50
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
75% less capital invested
Capital invested by funds: $1.51B → $376M (-$1.13B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
II
INCA Investments
Miami,
Florida
|
+$18M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$16.2M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$15.9M |
| 4 |
Two Sigma Investments
New York
|
+$15.3M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$201M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$56.1M |
| 3 |
BlackRock
New York
|
-$45M |
| 4 |
Morgan Stanley
New York
|
-$44.4M |
| 5 |
EC
EMS Capital
New York
|
-$37.2M |
GGAL Hedge Fund Activity: Q3 2019 in Review
127 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Galicia Financial Group (GGAL) for Q3 2019, worth a combined $376M — down 75% from $1.51B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of GGAL and 28 opened new positions — a net loss of 22 holders — while 34 trimmed existing stakes and 43 added.
The largest buyer was INCA Investments, adding an estimated $18M. The largest seller was Capital World Investors, exiting entirely with an estimated $201M sold.
- 127 institutional investors held Galicia Financial Group (GGAL) as of Q3 2019, down from 149 in Q2 2019.
- Funds reported $376M of Galicia Financial Group stock for Q3 2019, down 75% quarter-over-quarter.
- 28 funds opened new Galicia Financial Group positions in Q3 2019 and 50 closed out, a net change of -22 holders.
- The largest Galicia Financial Group buyer in Q3 2019 was INCA Investments, an estimated $18M added.
- The largest Galicia Financial Group seller in Q3 2019 was Capital World Investors, an estimated $201M sold.
Based on aggregated 13F filings for Q3 2019.