CGI
254 hedge funds and large institutions have $8.9B invested in CGI in 2020 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 68 increasing their positions, 115 reducing their positions, and 25 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 5 → 10 (+5)
20% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 25
17% more capital invested
Capital invested by funds: $7.61B → $8.9B (+$1.3B)
2.98% more ownership
Funds ownership: 58.34% → 61.32% (+3%)
2% more funds holding
Funds holding: 250 → 254 (+4)
41% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 115
79% less call options, than puts
Call options by funds: $2.02M | Put options by funds: $9.74M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$102M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$78.1M |
| 3 |
QI
QV Investors
Calgary,
Alberta, Canada
|
+$53.4M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$45.5M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$45.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$73M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
-$27.8M |
| 3 |
JP Morgan Chase
New York
|
-$26.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$26.7M |
| 5 |
National Pension Service
Jeonju-Si, Jeollabuk-Do,
South Korea
|
-$24.7M |
GIB Hedge Fund Activity: Q2 2020 in Review
254 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q2 2020, worth a combined $8.9B — up 17% from $7.61B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new GIB positions and 25 closed out — a net gain of 5 holders — while 68 added to existing stakes and 115 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $102M. The largest seller was Goldman Sachs, cutting an estimated $73M.
- 254 institutional investors held CGI (GIB) as of Q2 2020, up from 250 in Q1 2020.
- Funds reported $8.9B of CGI stock for Q2 2020, up 17% quarter-over-quarter.
- 30 funds opened new CGI positions in Q2 2020 and 25 closed out, a net change of +5 holders.
- The largest CGI buyer in Q2 2020 was Fidelity Investments, an estimated $102M added.
- The largest CGI seller in Q2 2020 was Goldman Sachs, an estimated $73M sold.
Based on aggregated 13F filings for Q2 2020.