CGI
132 hedge funds and large institutions have $7.38B invested in CGI in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 48 increasing their positions, 52 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
21% more capital invested
Capital invested by funds: $6.11B → $7.38B (+$1.27B)
18% more call options, than puts
Call options by funds: $6.56M | Put options by funds: $5.58M
4% more funds holding
Funds holding: 127 → 132 (+5)
0.46% more ownership
Funds ownership: 75.67% → 76.13% (+0.46%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
8% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$127M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$97.3M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$93.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$65.9M |
| 5 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$72.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$70.1M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$56.8M |
| 4 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$45.7M |
| 5 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$36.9M |
GIB Hedge Fund Activity: Q3 2013 in Review
132 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q3 2013, worth a combined $7.38B — up 21% from $6.11B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new GIB positions and 11 closed out — a net gain of 6 holders — while 48 added to existing stakes and 52 trimmed.
The largest buyer was Toronto Dominion Bank, adding an estimated $127M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $72.1M.
- 132 institutional investors held CGI (GIB) as of Q3 2013, up from 127 in Q2 2013.
- Funds reported $7.38B of CGI stock for Q3 2013, up 21% quarter-over-quarter.
- 17 funds opened new CGI positions in Q3 2013 and 11 closed out, a net change of +6 holders.
- The largest CGI buyer in Q3 2013 was Toronto Dominion Bank, an estimated $127M added.
- The largest CGI seller in Q3 2013 was Canada Pension Plan Investment Board, an estimated $72.1M sold.
Based on aggregated 13F filings for Q3 2013.