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.
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
26% more capital inflows, than outflows
Capital inflows: $44.2M | Capital outflows: $35M
2% more funds holding
Funds holding: 53 → 54 (+1)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0.45% more ownership
Funds ownership: 8.38% → 8.83% (+0.45%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Driehaus Capital Management
Chicago,
Illinois
|
+$16.5M |
| 2 |
D.E. Shaw & Co
New York
|
+$5.83M |
| 3 |
Millennium Management
New York
|
+$3.18M |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$2.87M |
| 5 |
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$2.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
INCA Investments
Miami,
Florida
|
-$8.52M |
| 2 |
Discovery Capital Management
South Norwalk,
Connecticut
|
-$5.48M |
| 3 |
JGP Global Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$3.98M |
| 4 |
LFCM
Long Focus Capital Management
San Juan,
Puerto Rico
|
-$3.44M |
| 5 |
Morgan Stanley
New York
|
-$2.69M |
GGAL Hedge Fund Activity: Q1 2023 in Review
54 of the 6,289 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.