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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.

New
Increased
Maintained
Reduced
Closed

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: 913 (+4)

14% more capital invested

Capital invested by funds: $11.9B → $13.6B (+$1.66B)

3% more funds holding

Funds holding: 327338 (+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%)

Holders
338
Holders Change
+11
Holders Change %
+3.36%
% of All Funds
4.85%
Holding in Top 10
13
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+44.44%
% of All Funds
0.19%
New
39
Increased
131
Reduced
120
Closed
24
Calls
$23M
Puts
$6.89M
Net Calls
+$16.1M
Net Calls Change
+$74K
Name Holding Trade Value Shares
Change
Change in
Stake
Amundi
51
Amundi
France
$49.8M +$16.6M +151,636 +53%
CAM
52
Claret Asset Management
Quebec, Canada
$47.1M +$70.2K +643 +0.2%
SRAIM
53
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$44.8M -$496K -4,544 -1%
EAM
54
EULAV Asset Management
Florida
$44.2M
Deutsche Bank
55
Deutsche Bank
Germany
$43.7M -$1.02M -9,299 -2%
AllianceBernstein
56
AllianceBernstein
Tennessee
$38.4M -$75.7M -692,737 -67%
CAM
57
Cidel Asset Management
Ontario, Canada
$34.9M +$5.22M +47,826 +19%
Bank of New York Mellon
58
Bank of New York Mellon
New York
$33.1M +$6.97M +63,789 +28%
NEI
59
Northwest & Ethical Investments
Ontario, Canada
$33M -$5.54M -50,756 -15%
BNP Paribas Asset Management
60
BNP Paribas Asset Management
France
$31.2M +$7.82M +71,576 +56%
WPI
61
Walter Public Investments
Canada
$26.2M +$2.36M +21,582 +10%
GCM
62
Galibier Capital Management
Ontario, Canada
$26M +$317K +2,902 +1%
N
63
Nuveen
North Carolina
$23.6M -$350K -3,206 -2%
Canada Life
64
Canada Life
Manitoba, Canada
$23.5M -$162K -1,479 -0.7%
Fidelity Investments
65
Fidelity Investments
Massachusetts
$22M -$250M -2,290,539 -92%
RAM
66
Rempart Asset Management
Canada
$21.8M -$105K -960 -0.5%
Russell Investments Group
67
Russell Investments Group
United Kingdom
$21.3M +$2.65M +24,293 +15%
NWM
68
Nicola Wealth Management
British Columbia, Canada
$20.9M -$481K -4,400 -3%
MSC
69
MUFG Securities (Canada)
New York
$20.8M +$7.87M +72,017 +66%
Axa
70
Axa
France
$20.4M +$7.82M +71,545 +67%
Korea Investment Corp
71
Korea Investment Corp
South Korea
$16.9M +$4.63M +42,407 +41%
AM
72
AGF Management
Ontario, Canada
$16.7M -$270K -2,471 -2%
Mitsubishi UFJ Trust & Banking
73
Mitsubishi UFJ Trust & Banking
Japan
$16.3M -$82.5K -755 -0.5%
IIM
74
Intact Investment Management
Quebec, Canada
$16.2M +$3.13M +28,660 +25%
Allianz Asset Management
75
Allianz Asset Management
Germany
$16.2M +$2.17M +19,897 +16%

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.