CGI
257 hedge funds and large institutions have $12.2B invested in CGI in 2019 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 85 increasing their positions, 103 reducing their positions, and 14 closing their positions.
271% more call options, than puts
Call options by funds: $9.76M | Put options by funds: $2.63M
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
4% more funds holding
Funds holding: 248 → 257 (+9)
3% more capital invested
Capital invested by funds: $11.9B → $12.2B (+$317M)
0.73% more ownership
Funds ownership: 63.24% → 63.97% (+0.73%)
17% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 103
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$119M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$60.7M |
| 3 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$45.5M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$29.4M |
| 5 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$131M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$76M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$53.3M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$31.8M |
| 5 |
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
|
-$31M |
GIB Hedge Fund Activity: Q3 2019 in Review
257 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q3 2019, worth a combined $12.2B — up 2.7% from $11.9B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new GIB positions and 14 closed out — a net gain of 9 holders — while 85 added to existing stakes and 103 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $119M. The largest seller was Fidelity International, cutting an estimated $131M.
- 257 institutional investors held CGI (GIB) as of Q3 2019, up from 248 in Q2 2019.
- Funds reported $12.2B of CGI stock for Q3 2019, up 2.7% quarter-over-quarter.
- 23 funds opened new CGI positions in Q3 2019 and 14 closed out, a net change of +9 holders.
- The largest CGI buyer in Q3 2019 was Bank of Montreal, an estimated $119M added.
- The largest CGI seller in Q3 2019 was Fidelity International, an estimated $131M sold.
Based on aggregated 13F filings for Q3 2019.