CGI
287 hedge funds and large institutions have $11.6B invested in CGI in 2023 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 120 increasing their positions, 90 reducing their positions, and 21 closing their positions.
134% more call options, than puts
Call options by funds: $25.1M | Put options by funds: $10.7M
57% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 21
33% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 90
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
8% more capital invested
Capital invested by funds: $10.7B → $11.6B (+$892M)
2% more funds holding
Funds holding: 281 → 287 (+6)
1.42% less ownership
Funds ownership: 58.23% → 56.81% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$198M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$34.2M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$27.3M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$18.4M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$18.3M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
301
Seldon Capital
San Francisco,
California
| – | -$19.6K | -228 | Closed |
|
|
BWM
302
BerganKDV Wealth Management
Bloomington,
Minnesota
| – | -$9.65K | -112 | Closed |
|
303
First Manhattan
New York
| – | -$9.13K | -106 | Closed |
|
304
Optiver Holding
Amsterdam,
Netherlands
| – | -$8K | -89 | Closed |
|
305
Rockefeller Capital Management
New York
| – | -$7K | -83 | Closed |
|
|
WTC
306
WhitTier Trust Company
Reno,
Nevada
| – | -$5K | -58 | Closed |
|
|
SC
307
Sierra Capital
Miami,
Florida
| – | -$2K | -27 | Closed |
|
|
MCC
308
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$431 | -5 | Closed |
|
GIB Hedge Fund Activity: Q1 2023 in Review
287 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q1 2023, worth a combined $11.6B — up 8.3% from $10.7B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new GIB positions and 21 closed out — a net gain of 12 holders — while 120 added to existing stakes and 90 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $198M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $301M.
- 287 institutional investors held CGI (GIB) as of Q1 2023, up from 281 in Q4 2022.
- Funds reported $11.6B of CGI stock for Q1 2023, up 8.3% quarter-over-quarter.
- 33 funds opened new CGI positions in Q1 2023 and 21 closed out, a net change of +12 holders.
- The largest CGI buyer in Q1 2023 was Arrowstreet Capital, an estimated $198M added.
- The largest CGI seller in Q1 2023 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $301M sold.
Based on aggregated 13F filings for Q1 2023.