Galicia Financial Group
GGAL
79 hedge funds and large institutions have $320M invested in Galicia Financial Group in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 19 increasing their positions, 27 reducing their positions, and 18 closing their positions.
482% more call options, than puts
Call options by funds: $112M | Put options by funds: $19.3M
83% more capital invested
Capital invested by funds: $175M → $320M (+$145M)
61% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 18
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
14% more funds holding
Funds holding: 69 → 79 (+10)
0.21% more ownership
Funds ownership: 0.85% → 1.06% (+0.21%)
30% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAA
RWC Asset Advisors
Miami,
Florida
|
+$41.1M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$10.7M |
| 3 |
RAM
RWC Asset Management
London,
United Kingdom
|
+$8.01M |
| 4 |
DFO
Duquesne Family Office
New York
|
+$6.69M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$5.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$7.27M |
| 2 |
Millennium Management
New York
|
-$6.46M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$4.62M |
| 4 |
Two Sigma Investments
New York
|
-$4.39M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$3.23M |
GGAL Hedge Fund Activity: Q1 2024 in Review
79 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Galicia Financial Group (GGAL) for Q1 2024, worth a combined $320M — up 83% from $175M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new GGAL positions and 18 closed out — a net gain of 11 holders — while 19 added to existing stakes and 27 trimmed.
The largest buyer was RWC Asset Advisors, opening a new position worth an estimated $41.1M. The largest seller was Balyasny Asset Management, cutting an estimated $7.27M.
- 79 institutional investors held Galicia Financial Group (GGAL) as of Q1 2024, up from 69 in Q4 2023.
- Funds reported $320M of Galicia Financial Group stock for Q1 2024, up 83% quarter-over-quarter.
- 29 funds opened new Galicia Financial Group positions in Q1 2024 and 18 closed out, a net change of +11 holders.
- The largest Galicia Financial Group buyer in Q1 2024 was RWC Asset Advisors, an estimated $41.1M added.
- The largest Galicia Financial Group seller in Q1 2024 was Balyasny Asset Management, an estimated $7.27M sold.
Based on aggregated 13F filings for Q1 2024.