CGI
148 hedge funds and large institutions have $7.75B invested in CGI in 2014 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 60 increasing their positions, 43 reducing their positions, and 22 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
77% more call options, than puts
Call options by funds: $8.43M | Put options by funds: $4.76M
40% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 43
15% more capital invested
Capital invested by funds: $6.74B → $7.75B (+$1B)
0.01% less ownership
Funds ownership: 78.83% → 78.82% (-0.01%)
1% less funds holding
Funds holding: 149 → 148 (-1)
5% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$90M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$64.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$46.9M |
| 4 |
CGI
CI Global Investments
Oakland,
California
|
+$27.5M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$71.4M |
| 2 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$37.9M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$35.5M |
| 4 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
-$27.1M |
| 5 |
AI
Analytic Investors
Los Angeles,
California
|
-$22.6M |
GIB Hedge Fund Activity: Q2 2014 in Review
148 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q2 2014, worth a combined $7.75B — up 15% from $6.74B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of GIB and 21 opened new positions — a net loss of 1 holder — while 43 trimmed existing stakes and 60 added.
The largest buyer was Norges Bank, adding an estimated $90M. The largest seller was Fidelity Investments, cutting an estimated $71.4M.
- 148 institutional investors held CGI (GIB) as of Q2 2014, down from 149 in Q1 2014.
- Funds reported $7.75B of CGI stock for Q2 2014, up 15% quarter-over-quarter.
- 21 funds opened new CGI positions in Q2 2014 and 22 closed out, a net change of -1 holder.
- The largest CGI buyer in Q2 2014 was Norges Bank, an estimated $90M added.
- The largest CGI seller in Q2 2014 was Fidelity Investments, an estimated $71.4M sold.
Based on aggregated 13F filings for Q2 2014.