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Galicia Financial Group

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, 18 increasing their positions, 28 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

482% more call options, than puts

Call options by funds: $112M | Put options by funds: $19.3M

75% more capital invested

Capital invested by funds: $183M → $320M (+$138M)

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: 23 (+1)

14% more funds holding

Funds holding: 6979 (+10)

0.18% more ownership

Funds ownership: 0.89%1.06% (+0.18%)

36% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 28

Holders
79
Holders Change
+10
Holders Change %
+14.49%
% of All Funds
1.14%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
29
Increased
18
Reduced
28
Closed
18
Calls
$112M
Puts
$19.3M
Net Calls
+$92.9M
Net Calls Change
+$55.8M
Name Holding Trade Value Shares
Change
Change in
Stake
RAA
1
RWC Asset Advisors
Florida
$50.3M +$41.1M +1,978,450 New
DCM
2
Discovery Capital Management
Connecticut
$42.6M +$10.7M +516,050 +45%
II
3
INCA Investments
Florida
$27.4M +$4.84M +232,980 +28%
DCM
4
Driehaus Capital Management
Illinois
$24.2M +$880K +42,383 +5%
RAM
5
RWC Asset Management
United Kingdom
$19.9M +$8.01M +385,748 +97%
D.E. Shaw & Co
6
D.E. Shaw & Co
New York
$15.6M +$1.14M +54,978 +10%
RCMU
7
Rokos Capital Management (UK)
United Kingdom
$14.6M +$4.4M +211,870 +59%
Morgan Stanley
8
Morgan Stanley
New York
$14M -$6.02M -289,875 -35%
Arrowstreet Capital
9
Arrowstreet Capital
Massachusetts
$13.6M -$235K -11,335 -2%
BNP Paribas Financial Markets
10
BNP Paribas Financial Markets
France
$8.62M +$5.12M +246,452 +266%
DFO
11
Duquesne Family Office
New York
$8.18M +$6.69M +321,863 New
Two Sigma Investments
12
Two Sigma Investments
New York
$7.27M -$4.39M -211,153 -42%
SPC
13
Slate Path Capital
New York
$5.95M +$4.86M +234,000 New
HSBC Holdings
14
HSBC Holdings
United Kingdom
$5.86M -$106K -5,090 -2%
Russell Investments Group
15
Russell Investments Group
United Kingdom
$4.86M +$3.65M +175,932 +1,168%
Goldman Sachs
16
Goldman Sachs
New York
$4.78M +$1.95M +93,674 +99%
MCM
17
Moerus Capital Management
New York
$3.8M -$760K -36,595 -20%
State Street
18
State Street
Massachusetts
$3.71M +$83.2K +4,005 +3%
Voloridge Investment Management
19
Voloridge Investment Management
Florida
$3.71M -$2.72M -130,749 -47%
Citadel Advisors
20
Citadel Advisors
Florida
$3.66M +$1.78M +85,492 +146%
DWA
21
Dorsey Wright & Associates
California
$2.95M -$37.3K -1,796 -2%
CAM
22
Chesapeake Asset Management
New York
$2.43M
Mirae Asset Global Investments
23
Mirae Asset Global Investments
South Korea
$2.27M -$4.62M -222,315 -53%
Balyasny Asset Management
24
Balyasny Asset Management
Illinois
$2.03M -$7.27M -349,791 -81%
Wells Fargo
25
Wells Fargo
California
$1.97M +$1.21M +58,022 +300%

GGAL Hedge Fund Activity: Q1 2024 in Review

79 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Galicia Financial Group (GGAL) for Q1 2024, worth a combined $320M — up 75% from $183M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new GGAL positions and 18 closed out — a net gain of 11 holders — while 18 added to existing stakes and 28 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 75% 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.