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Galicia Financial Group

118 hedge funds and large institutions have $444M invested in Galicia Financial Group in 2019 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 41 increasing their positions, 35 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more capital invested

Capital invested by funds: $376M → $444M (+$67.6M)

17% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 35

15% more call options, than puts

Call options by funds: $36.6M | Put options by funds: $31.7M

0.14% less ownership

Funds ownership: 2.54%2.4% (-0.14%)

7% less funds holding

Funds holding: 127118 (-9)

25% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 28

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
118
Holders Change
-9
Holders Change %
-7.09%
% of All Funds
2.33%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
21
Increased
41
Reduced
35
Closed
28
Calls
$36.6M
Puts
$31.7M
Net Calls
+$4.91M
Net Calls Change
+$14.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$89.6M +$7.29M +551,864 +11%
State Street
2
State Street
Massachusetts
$54.2M +$1.91M +144,868 +5%
II
3
INCA Investments
Florida
$33.9M -$8.06M -610,360 -23%
Deutsche Bank
4
Deutsche Bank
Germany
$17.3M +$10.2M +775,858 +266%
Baillie Gifford & Co
5
Baillie Gifford & Co
United Kingdom
$16.6M +$257K +19,450 +2%
IUHSA
6
Itau Unibanco Holding S.A.
Brazil
$16.3M +$2.51M +190,221 +23%
HSBC Holdings
7
HSBC Holdings
United Kingdom
$11.8M +$6.73M +509,321 +235%
Acadian Asset Management
8
Acadian Asset Management
Massachusetts
$10.5M -$1.37M -103,573 -14%
Invesco
9
Invesco
Georgia
$10.5M -$3.04M -229,758 -26%
OAMG
10
Odey Asset Management Group
United Kingdom
$9.63M -$768K -58,152 -9%
Goldman Sachs
11
Goldman Sachs
New York
$8.42M +$2.38M +180,019 +53%
Arrowstreet Capital
12
Arrowstreet Capital
Massachusetts
$8.32M -$2.15M -162,703 -24%
Vanguard Group
13
Vanguard Group
Pennsylvania
$7.86M -$51K -3,862 -0.8%
Legal & General Group
14
Legal & General Group
United Kingdom
$7.07M +$344K +26,036 +6%
UBS AM
15
UBS AM
Illinois
$6.49M +$489K +36,992 +10%
CS
16
Credit Suisse
Switzerland
$6.31M -$2.67M -202,309 -34%
Wellington Management Group
17
Wellington Management Group
Massachusetts
$6.13M -$847K -64,115 -15%
Northern Trust
18
Northern Trust
Illinois
$6.01M +$296K +22,403 +6%
D.E. Shaw & Co
19
D.E. Shaw & Co
New York
$5.49M +$4.46M +337,941 New
Geode Capital Management
20
Geode Capital Management
Massachusetts
$4.97M +$144K +10,883 +4%
BNP Paribas Financial Markets
21
BNP Paribas Financial Markets
France
$4.86M -$784K -59,313 -17%
Sumitomo Mitsui Trust Group
22
Sumitomo Mitsui Trust Group
Japan
$4.65M +$446K +33,764 +13%
Mirae Asset Global Investments
23
Mirae Asset Global Investments
South Korea
$4.57M +$1.46M +110,691 +65%
RAM
24
RWC Asset Management
United Kingdom
$4.38M -$1.65M -124,634 -32%
Bank of America
25
Bank of America
North Carolina
$4.28M -$2.31M -175,147 -40%

GGAL Hedge Fund Activity: Q4 2019 in Review

118 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Galicia Financial Group (GGAL) for Q4 2019, worth a combined $444M — up 18% from $376M a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of GGAL and 21 opened new positions — a net loss of 7 holders — while 35 trimmed existing stakes and 41 added.

The largest buyer was Deutsche Bank, adding an estimated $10.2M. The largest seller was Two Sigma Investments, cutting an estimated $8.8M.

  • 118 institutional investors held Galicia Financial Group (GGAL) as of Q4 2019, down from 127 in Q3 2019.
  • Funds reported $444M of Galicia Financial Group stock for Q4 2019, up 18% quarter-over-quarter.
  • 21 funds opened new Galicia Financial Group positions in Q4 2019 and 28 closed out, a net change of -7 holders.
  • The largest Galicia Financial Group buyer in Q4 2019 was Deutsche Bank, an estimated $10.2M added.
  • The largest Galicia Financial Group seller in Q4 2019 was Two Sigma Investments, an estimated $8.8M sold.

Based on aggregated 13F filings for Q4 2019.