CGI
327 hedge funds and large institutions have $11.9B invested in CGI in 2024 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 111 increasing their positions, 127 reducing their positions, and 38 closing their positions.
194% more call options, than puts
Call options by funds: $24.3M | Put options by funds: $8.24M
3% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 38
0.99% less ownership
Funds ownership: 58.88% → 57.89% (-0.99%)
2% less funds holding
Funds holding: 332 → 327 (-5)
11% less capital invested
Capital invested by funds: $13.5B → $11.9B (-$1.55B)
13% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 127
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$272M |
| 2 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$95.3M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$71.6M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$55.4M |
| 5 |
Morgan Stanley
New York
|
+$47.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$297M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$108M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$78.8M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$66.9M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$64.6M |
GIB Hedge Fund Activity: Q2 2024 in Review
327 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q2 2024, worth a combined $11.9B — down 11% from $13.5B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new GIB positions and 38 closed out — a net gain of 1 holder — while 111 added to existing stakes and 127 trimmed.
The largest buyer was Federation des caisses Desjardins du Quebec, adding an estimated $272M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $297M.
- 327 institutional investors held CGI (GIB) as of Q2 2024, down from 332 in Q1 2024.
- Funds reported $11.9B of CGI stock for Q2 2024, down 11% quarter-over-quarter.
- 39 funds opened new CGI positions in Q2 2024 and 38 closed out, a net change of +1 holder.
- The largest CGI buyer in Q2 2024 was Federation des caisses Desjardins du Quebec, an estimated $272M added.
- The largest CGI seller in Q2 2024 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $297M sold.
Based on aggregated 13F filings for Q2 2024.