GLOBAL GEOPHYSICAL SERVICES, INC COM STK
GGS
GGS was delisted on the 25th of March, 2014.
35 hedge funds and large institutions have $6.52M invested in GLOBAL GEOPHYSICAL SERVICES, INC COM STK in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 20 reducing their positions, and 30 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
41% less funds holding
Funds holding: 59 → 35 (-24)
80% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 30
80% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 20
84% less capital invested
Capital invested by funds: $39.9M → $6.52M (-$33.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$2.65M |
| 2 |
1WCM
12 West Capital Management
New York
|
+$2.03M |
| 3 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$349K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$71.1K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$67.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$4.57M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.85M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.03M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.01M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$967K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
51
Virtu KCG Holdings
New York
| – | -$38K | -23,532 | Closed |
|
|
BA
52
BlackRock Advisors
Wilmington,
Delaware
| – | -$31K | -19,220 | Closed |
|
|
AIG
53
American International Group
New York
| – | -$24.4K | -15,150 | Closed |
|
|
PL
54
Perpetual Ltd
Sydney, New South Wales,
Australia
| – | -$22K | -13,894 | Closed |
|
|
RCM
55
Rotella Capital Management
Bellevue,
Washington
| – | -$22K | -13,401 | Closed |
|
|
CBOA
56
Commonwealth Bank of Australia
Sydney, NSW,
Australia
| – | -$21K | -12,835 | Closed |
|
57
Prudential Financial
Newark,
New Jersey
| – | -$17K | -10,340 | Closed |
|
|
RFC
58
Russell Frank Company
Seattle,
Washington
| – | -$12K | -8,409 | Closed |
|
|
CCMH
59
Cornerstone Capital Management Holdings
New York
| – | -$12K | -7,700 | Closed |
|
|
PG
60
PEAK6 Group
Chicago,
Illinois
| – | -$12K | -7,449 | Closed |
|
|
TDC
61
Thompson Davis & Co
Richmond,
Virginia
| – | -$3K | -2,000 | Closed |
|
62
Ameriprise
Minneapolis,
Minnesota
| – | -$1.27K | -940 | -62% |
|
63
Bank of America
Charlotte,
North Carolina
| – | -$1.02K | -752 | -96% |
|
GGS Hedge Fund Activity: Q1 2014 in Review
35 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in GLOBAL GEOPHYSICAL SERVICES, INC COM STK (GGS) for Q1 2014, worth a combined $6.52M — down 84% from $39.9M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of GGS and 6 opened new positions — a net loss of 24 holders — while 20 trimmed existing stakes and 4 added.
The largest buyer was Nantahala Capital Management, opening a new position worth an estimated $2.65M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $4.57M sold.
- 35 institutional investors held GLOBAL GEOPHYSICAL SERVICES, INC COM STK (GGS) as of Q1 2014, down from 59 in Q4 2013.
- Funds reported $6.52M of GLOBAL GEOPHYSICAL SERVICES, INC COM STK stock for Q1 2014, down 84% quarter-over-quarter.
- 6 funds opened new GLOBAL GEOPHYSICAL SERVICES, INC COM STK positions in Q1 2014 and 30 closed out, a net change of -24 holders.
- The largest GLOBAL GEOPHYSICAL SERVICES, INC COM STK buyer in Q1 2014 was Nantahala Capital Management, an estimated $2.65M added.
- The largest GLOBAL GEOPHYSICAL SERVICES, INC COM STK seller in Q1 2014 was T. Rowe Price Associates, an estimated $4.57M sold.
Based on aggregated 13F filings for Q1 2014.