CGI
332 hedge funds and large institutions have $13.5B invested in CGI in 2024 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 118 increasing their positions, 119 reducing their positions, and 24 closing their positions.
147% more call options, than puts
Call options by funds: $29.7M | Put options by funds: $12M
54% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 24
3% more funds holding
Funds holding: 321 → 332 (+11)
3% more capital invested
Capital invested by funds: $13B → $13.5B (+$444M)
0.11% more ownership
Funds ownership: 58.77% → 58.88% (+0.11%)
1% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 119
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$262M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$76.3M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$58.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$46.9M |
| 5 |
Amundi
Paris,
France
|
+$26.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$100M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$71.2M |
| 3 |
Morgan Stanley
New York
|
-$61.2M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$50.8M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$44.6M |
GIB Hedge Fund Activity: Q1 2024 in Review
332 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q1 2024, worth a combined $13.5B — up 3.4% from $13B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new GIB positions and 24 closed out — a net gain of 13 holders — while 118 added to existing stakes and 119 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $262M. The largest seller was Beutel, Goodman & Co, cutting an estimated $100M.
- 332 institutional investors held CGI (GIB) as of Q1 2024, up from 321 in Q4 2023.
- Funds reported $13.5B of CGI stock for Q1 2024, up 3.4% quarter-over-quarter.
- 37 funds opened new CGI positions in Q1 2024 and 24 closed out, a net change of +13 holders.
- The largest CGI buyer in Q1 2024 was Manulife (Manufacturers Life Insurance), an estimated $262M added.
- The largest CGI seller in Q1 2024 was Beutel, Goodman & Co, an estimated $100M sold.
Based on aggregated 13F filings for Q1 2024.