CGI
GIB
206 hedge funds and large institutions have $9.75B invested in CGI in 2017 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 75 increasing their positions, 70 reducing their positions, and 22 closing their positions.
1,020% more call options, than puts
Call options by funds: $15.3M | Put options by funds: $1.36M
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
7% more capital invested
Capital invested by funds: $9.09B → $9.75B (+$662M)
1.25% more ownership
Funds ownership: 70.54% → 71.8% (+1.3%)
7% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 70
0% less funds holding
Funds holding: 207 → 206 (-1)
5% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$68.4M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$63.7M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$26.9M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$23.5M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$21.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$47M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$43.7M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$34.6M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$27.4M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$27.1M |
GIB Hedge Fund Activity: Q2 2017 in Review
206 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q2 2017, worth a combined $9.75B — up 7.3% from $9.09B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of GIB and 21 opened new positions — a net loss of 1 holder — while 70 trimmed existing stakes and 75 added.
The largest buyer was Fidelity Investments, adding an estimated $68.4M. The largest seller was Bank of Montreal, cutting an estimated $47M.
- 206 institutional investors held CGI (GIB) as of Q2 2017, down from 207 in Q1 2017.
- Funds reported $9.75B of CGI stock for Q2 2017, up 7.3% quarter-over-quarter.
- 21 funds opened new CGI positions in Q2 2017 and 22 closed out, a net change of -1 holder.
- The largest CGI buyer in Q2 2017 was Fidelity Investments, an estimated $68.4M added.
- The largest CGI seller in Q2 2017 was Bank of Montreal, an estimated $47M sold.
Based on aggregated 13F filings for Q2 2017.