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240 hedge funds and large institutions have $10.7B invested in CGI in 2018 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 88 increasing their positions, 82 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

229% more call options, than puts

Call options by funds: $12.8M | Put options by funds: $3.9M

100% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 14

11% more funds holding in top 10

Funds holding in top 10: 910 (+1)

6% more capital invested

Capital invested by funds: $10.1B → $10.7B (+$643M)

5% more funds holding

Funds holding: 229240 (+11)

7% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 82

2.38% less ownership

Funds ownership: 68.37%66% (-2.4%)

Holders
240
Holders Change
+11
Holders Change %
+4.8%
% of All Funds
5.49%
Holding in Top 10
10
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+11.11%
% of All Funds
0.23%
New
28
Increased
88
Reduced
82
Closed
14
Calls
$12.8M
Puts
$3.9M
Net Calls
+$8.93M
Net Calls Change
-$9.99M
Name Holding Trade Value Shares
Change
Change in
Stake
Caisse de Depot et Placement du Quebec (CDPQ)
1
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$2.7B -$219M -3,634,729 -8%
Fidelity International
2
Fidelity International
Bermuda
$863M +$820M +13,624,587 New
Invesco
3
Invesco
Georgia
$719M -$34.1M -566,362 -5%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$583M -$38.7M -643,027 -7%
JFL
5
Jarislowsky, Fraser Ltd
Quebec, Canada
$521M -$621K -10,322 -0.1%
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$403M -$15.1M -250,277 -4%
Vanguard Group
7
Vanguard Group
Pennsylvania
$396M +$14.1M +234,902 +4%
Connor, Clark & Lunn Investment Management (CC&L)
8
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$242M +$18.9M +314,500 +9%
Manulife (Manufacturers Life Insurance)
9
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$221M +$2.38M +39,552 +1%
CIBC World Market
10
CIBC World Market
Ontario, Canada
$202M -$24.8M -412,653 -11%
TD Asset Management
11
TD Asset Management
Ontario, Canada
$191M -$13.8M -229,835 -7%
Canada Life
12
Canada Life
Manitoba, Canada
$182M +$1.83M +30,451 +1%
GCC
13
Guardian Capital (Canada)
Ontario, Canada
$176M -$1.39M -23,098 -0.8%
Norges Bank
14
Norges Bank
Norway
$167M
1832 Asset Management
15
1832 Asset Management
Ontario, Canada
$156M -$5.14M -85,501 -3%
Mackenzie Financial
16
Mackenzie Financial
Ontario, Canada
$147M -$13.9M -230,714 -9%
NSCM
17
New South Capital Management
Tennessee
$141M -$49.3M -818,755 -27%
Fiera Capital (Canada)
18
Fiera Capital (Canada)
Quebec, Canada
$140M -$1.01M -16,751 -0.8%
Massachusetts Financial Services
19
Massachusetts Financial Services
Massachusetts
$129M +$15.3M +253,847 +14%
AIMCA
20
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$121M +$9.4M +156,200 +12%
Franklin Resources
21
Franklin Resources
California
$106M +$2.31M +38,472 +2%
AQR Capital Management
22
AQR Capital Management
Connecticut
$102M +$16.4M +271,958 +20%
Fidelity Investments
23
Fidelity Investments
Massachusetts
$87.6M -$846M -14,067,894 -91%
Toronto Dominion Bank
24
Toronto Dominion Bank
Ontario, Canada
$82.9M +$42.8M +711,354 +120%
CIBC Asset Management
25
CIBC Asset Management
Ontario, Canada
$81.8M -$23.8M -396,190 -23%

GIB Hedge Fund Activity: Q2 2018 in Review

240 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in CGI (GIB) for Q2 2018, worth a combined $10.7B — up 6.4% from $10.1B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new GIB positions and 14 closed out — a net gain of 14 holders — while 88 added to existing stakes and 82 trimmed.

The largest buyer was Fidelity International, opening a new position worth an estimated $820M. The largest seller was Fidelity Investments, cutting an estimated $846M.

  • 240 institutional investors held CGI (GIB) as of Q2 2018, up from 229 in Q1 2018.
  • Funds reported $10.7B of CGI stock for Q2 2018, up 6.4% quarter-over-quarter.
  • 28 funds opened new CGI positions in Q2 2018 and 14 closed out, a net change of +14 holders.
  • The largest CGI buyer in Q2 2018 was Fidelity International, an estimated $820M added.
  • The largest CGI seller in Q2 2018 was Fidelity Investments, an estimated $846M sold.

Based on aggregated 13F filings for Q2 2018.