CGI
338 hedge funds and large institutions have $13.6B invested in CGI in 2024 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 131 increasing their positions, 120 reducing their positions, and 24 closing their positions.
234% more call options, than puts
Call options by funds: $23M | Put options by funds: $6.89M
63% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 24
44% more funds holding in top 10
Funds holding in top 10: 9 → 13 (+4)
14% more capital invested
Capital invested by funds: $11.9B → $13.6B (+$1.66B)
3% more funds holding
Funds holding: 327 → 338 (+11)
9% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 120
0.05% less ownership
Funds ownership: 57.89% → 57.83% (-0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$124M |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$94.1M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$89.9M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$65.6M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$60.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$250M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$125M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$124M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$75.7M |
| 5 |
Morgan Stanley
New York
|
-$48.6M |
GIB Hedge Fund Activity: Q3 2024 in Review
338 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q3 2024, worth a combined $13.6B — up 14% from $11.9B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new GIB positions and 24 closed out — a net gain of 15 holders — while 131 added to existing stakes and 120 trimmed.
The largest buyer was Beutel, Goodman & Co, adding an estimated $124M. The largest seller was Fidelity Investments, cutting an estimated $250M.
- 338 institutional investors held CGI (GIB) as of Q3 2024, up from 327 in Q2 2024.
- Funds reported $13.6B of CGI stock for Q3 2024, up 14% quarter-over-quarter.
- 39 funds opened new CGI positions in Q3 2024 and 24 closed out, a net change of +15 holders.
- The largest CGI buyer in Q3 2024 was Beutel, Goodman & Co, an estimated $124M added.
- The largest CGI seller in Q3 2024 was Fidelity Investments, an estimated $250M sold.
Based on aggregated 13F filings for Q3 2024.