CGI
304 hedge funds and large institutions have $12B invested in CGI in 2023 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 111 increasing their positions, 109 reducing their positions, and 26 closing their positions.
269% more call options, than puts
Call options by funds: $22.9M | Put options by funds: $6.2M
8% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 26
2% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 109
0.32% more ownership
Funds ownership: 57.78% → 58.1% (+0.32%)
1% less funds holding
Funds holding: 306 → 304 (-2)
6% less capital invested
Capital invested by funds: $12.8B → $12B (-$752M)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$160M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$82.4M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$71.8M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$41M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$68.4M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$64.9M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$33M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$19.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$17.8M |
GIB Hedge Fund Activity: Q3 2023 in Review
304 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q3 2023, worth a combined $12B — down 5.9% from $12.8B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new GIB positions and 26 closed out — a net gain of 2 holders — while 111 added to existing stakes and 109 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $160M. The largest seller was Arrowstreet Capital, cutting an estimated $68.4M.
- 304 institutional investors held CGI (GIB) as of Q3 2023, down from 306 in Q2 2023.
- Funds reported $12B of CGI stock for Q3 2023, down 5.9% quarter-over-quarter.
- 28 funds opened new CGI positions in Q3 2023 and 26 closed out, a net change of +2 holders.
- The largest CGI buyer in Q3 2023 was Fidelity Investments, an estimated $160M added.
- The largest CGI seller in Q3 2023 was Arrowstreet Capital, an estimated $68.4M sold.
Based on aggregated 13F filings for Q3 2023.