CGI
209 hedge funds and large institutions have $9.03B invested in CGI in 2017 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 85 increasing their positions, 69 reducing their positions, and 17 closing their positions.
694% more call options, than puts
Call options by funds: $14M | Put options by funds: $1.76M
35% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 17
23% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 69
1% more funds holding
Funds holding: 206 → 209 (+3)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
5.78% less ownership
Funds ownership: 71.8% → 66.01% (-5.8%)
7% less capital invested
Capital invested by funds: $9.75B → $9.03B (-$722M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$72.7M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$70.1M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$42.9M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
+$29.5M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$26.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$387M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$249M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$211M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$67.5M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$34.7M |
GIB Hedge Fund Activity: Q3 2017 in Review
209 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q3 2017, worth a combined $9.03B — down 7.4% from $9.75B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new GIB positions and 17 closed out — a net gain of 6 holders — while 85 added to existing stakes and 69 trimmed.
The largest buyer was Invesco, adding an estimated $72.7M. The largest seller was Toronto Dominion Bank, cutting an estimated $387M.
- 209 institutional investors held CGI (GIB) as of Q3 2017, up from 206 in Q2 2017.
- Funds reported $9.03B of CGI stock for Q3 2017, down 7.4% quarter-over-quarter.
- 23 funds opened new CGI positions in Q3 2017 and 17 closed out, a net change of +6 holders.
- The largest CGI buyer in Q3 2017 was Invesco, an estimated $72.7M added.
- The largest CGI seller in Q3 2017 was Toronto Dominion Bank, an estimated $387M sold.
Based on aggregated 13F filings for Q3 2017.