We are live on ! Find out more
GGAL icon

Galicia Financial Group
GGAL

54 hedge funds and large institutions have $143M invested in Galicia Financial Group in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 23 increasing their positions, 11 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

109% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 11

87% more call options, than puts

Call options by funds: $16.6M | Put options by funds: $8.86M

19% more capital invested

Capital invested by funds: $120M → $143M (+$23.1M)

2% more funds holding

Funds holding: 53 → 54 (+1)

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

0.06% more ownership

Funds ownership: 1.04% → 1.09% (+0.06%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

Holders
54
Holders Change
+1
Holders Change %
+1.89%
% of All Funds
0.86%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
13
Increased
23
Reduced
11
Closed
12
Calls
$16.6M
Puts
$8.86M
Net Calls
+$7.71M
Net Calls Change
+$3.21M

Top Buyers

1
DCM
Driehaus Capital Management
Illinois
+$16.5M
2
D.E. Shaw & Co
D.E. Shaw & Co
New York
+$5.83M
3
Millennium Management
Millennium Management
New York
+$3.18M
4
Group One Trading
Group One Trading
Illinois
+$2.87M
5
IUHSA
Itau Unibanco Holding S.A.
Brazil
+$2.71M

Top Sellers

1
II
INCA Investments
Florida
-$8.52M
2
DCM
Discovery Capital Management
Connecticut
-$5.48M
3
JGGDR
JGP Global Gestao de Recursos
Brazil
-$3.98M
4
LFCM
Long Focus Capital Management
Puerto Rico
-$3.44M
5
Morgan Stanley
Morgan Stanley
New York
-$2.69M
Name Holding Trade Value Shares
Change 		Change in
Stake
II
1
INCA Investments
Florida
$35.2M -$8.52M -689,001 -18%
DCM
2
Driehaus Capital Management
Illinois
$14.6M +$16.5M +1,331,061 New
DCM
3
Discovery Capital Management
Connecticut
$14.6M -$5.48M -442,800 -25%
Arrowstreet Capital
4
Arrowstreet Capital
Massachusetts
$11.6M – – –
Citadel Advisors
5
Citadel Advisors
Florida
$5.75M +$1.5M +120,998 +30%
D.E. Shaw & Co
6
D.E. Shaw & Co
New York
$5.52M +$5.83M +471,359 +1,499%
BlackRock
7
BlackRock
New York
$5.41M -$2.25M -181,609 -27%
IUHSA
8
Itau Unibanco Holding S.A.
Brazil
$4.82M +$2.71M +218,774 +99%
Morgan Stanley
9
Morgan Stanley
New York
$4.51M -$2.69M -217,661 -35%
HSBC Holdings
10
HSBC Holdings
United Kingdom
$4.02M -$173K -14,019 -4%
LFCM
11
Long Focus Capital Management
Puerto Rico
$3.82M -$3.44M -277,984 -44%
Group One Trading
12
Group One Trading
Illinois
$3.81M +$2.87M +231,876 +201%
ACJ
13
Autonomy Capital (Jersey)
Jersey
$3.73M +$1.06M +85,400 +34%
Millennium Management
14
Millennium Management
New York
$2.83M +$3.18M +257,543 New
Mirae Asset Global Investments
15
Mirae Asset Global Investments
South Korea
$2.05M +$140K +11,337 +6%
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$1.78M +$444K +35,865 +28%
Renaissance Technologies
17
Renaissance Technologies
New York
$1.73M +$404K +32,700 +26%
CSS
18
Cubist Systematic Strategies
Connecticut
$1.57M +$1.17M +94,434 +194%
Two Sigma Investments
19
Two Sigma Investments
New York
$1.5M +$1.69M +136,438 New
State Street
20
State Street
Massachusetts
$1.26M +$46.6K +3,768 +3%
RAM
21
RWC Asset Management
United Kingdom
$1.21M – – –
JF
22
Jump Financial
Illinois
$1.02M +$239K +19,300 +26%
Jane Street
23
Jane Street
New York
$1M +$580K +46,870 +106%
Voloridge Investment Management
24
Voloridge Investment Management
Florida
$926K +$1.04M +84,297 New
Invesco
25
Invesco
Georgia
$921K +$40.6K +3,284 +4%
1
2 3

GGAL Hedge Fund Activity: Q1 2023 in Review

54 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Galicia Financial Group (GGAL) for Q1 2023, worth a combined $143M — up 19% from $120M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new GGAL positions and 12 closed out — a net gain of 1 holder — while 23 added to existing stakes and 11 trimmed.

The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $16.5M. The largest seller was INCA Investments, cutting an estimated $8.52M.

  • 54 institutional investors held Galicia Financial Group (GGAL) as of Q1 2023, up from 53 in Q4 2022.
  • Funds reported $143M of Galicia Financial Group stock for Q1 2023, up 19% quarter-over-quarter.
  • 13 funds opened new Galicia Financial Group positions in Q1 2023 and 12 closed out, a net change of +1 holder.
  • The largest Galicia Financial Group buyer in Q1 2023 was Driehaus Capital Management, an estimated $16.5M added.
  • The largest Galicia Financial Group seller in Q1 2023 was INCA Investments, an estimated $8.52M sold.

Based on aggregated 13F filings for Q1 2023.