Galicia Financial Group
GGAL
90 hedge funds and large institutions have $150M invested in Galicia Financial Group in 2020 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 24 increasing their positions, 41 reducing their positions, and 36 closing their positions.
0.82% less ownership
Funds ownership: 2.18% → 1.35% (-0.82%)
14% less capital invested
Capital invested by funds: $175M → $150M (-$25.1M)
16% less funds holding
Funds holding: 107 → 90 (-17)
41% less call options, than puts
Call options by funds: $9.74M | Put options by funds: $16.6M
41% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 41
47% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$7.97M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$6.41M |
| 3 |
D.E. Shaw & Co
New York
|
+$3.72M |
| 4 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$3.54M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$23.7M |
| 2 |
BlackRock
New York
|
-$22.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.37M |
| 4 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$4.15M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.75M |
GGAL Hedge Fund Activity: Q2 2020 in Review
90 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Galicia Financial Group (GGAL) for Q2 2020, worth a combined $150M — down 14% from $175M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of GGAL and 19 opened new positions — a net loss of 17 holders — while 41 trimmed existing stakes and 24 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $7.97M. The largest seller was State Street, cutting an estimated $23.7M.
- 90 institutional investors held Galicia Financial Group (GGAL) as of Q2 2020, down from 107 in Q1 2020.
- Funds reported $150M of Galicia Financial Group stock for Q2 2020, down 14% quarter-over-quarter.
- 19 funds opened new Galicia Financial Group positions in Q2 2020 and 36 closed out, a net change of -17 holders.
- The largest Galicia Financial Group buyer in Q2 2020 was Millennium Management, an estimated $7.97M added.
- The largest Galicia Financial Group seller in Q2 2020 was State Street, an estimated $23.7M sold.
Based on aggregated 13F filings for Q2 2020.